THE regularisation and servicing of 655 houses under the Garikai/ Hlalani Kuhle Housing Scheme in Gwanda has been strongly commended by local and national officials, marking a major step toward providing residents with essential infrastructure. Under the initiative, contracted to Zimbuild, critical works including sewer infrastructure, water reticulation and road construction are being implemented. Matabeleland…
ZIMBABWE is prioritising policy reforms and innovative financing to attract investment into solar power, while leveraging its lithium reserves to enhance its role in renewable energy storage. This comes as the country is yet to fully harness its renewable energy potential, including solar and wind power, which could offer a sustainable and reliable source of…
By Leonita Mhishi FOR years, Zimbabweans have treated real estate as the one investment that never lies. A house in Harare’s suburbs, a stand in the fast-growing satellite towns, or even a modest rural homestead has long been regarded as more than shelter. It is a symbol of stability in an otherwise unpredictable economic landscape.…
DELTA Corporation (Delta) says it will remain listed on the Zimbabwe Stock Exchange (ZSE) despite concerns over its share price valuation. The beverage maker stressed that only investors will determine the ‘right’ price. This comes as market analysts insist the company’s share price is trading below historical averages and not consistent with its stellar operational…
ZIMBABWE’s tourism sector is projected to grow by 3,1 percent in 2026, boosted by rising arrivals from key source markets, Finance minister Mthuli Ncube has said. The sector is already expanding, supported by increased international and domestic travel and strengthened by significant government investment. “International tourist arrivals are forecasted to reach 1,87 million, up from…
FINANCE minister Mthuli Ncube’s 2026 national budget will further strain hard-pressed businesses and consumers, economic experts have warned. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that the proposed increase in value-added tax (VAT), adjustments to mining royalties…
ZIMBABWE’s micro, small and medium enterprises (MSMEs) have been commended for their resilience and contribution to the national economy in the face of mounting operational challenges. This came out at…
ZIMBABWE’S 2025 public spending has been severely strained by inflation and exchange-rate slippage, leaving ministries and departments battling swollen costs and shrinking real allocations, according to figures presented in the 2026 national budget statement. Finance minister Mthuli Ncube revealed that ministries had already used far more of their budgets than Treasury had planned. “As at…
FIDELITY Life Assurance (FLA) says its Vaka Yako housing product continues to drive new business, contributing 80 percent of its life and pensions business revenue. Launched in 2022, the Vaka Yako product enables individuals in Zimbabwe to progressively acquire a stand or house, with monthly payments starting at US$45. Ideally, the group treats the housing…
DAIRIBORD Holdings (Dairibord) says it is focusing on growing its production capacity through several capital projects already underway that will improve product availability. The milk and dairy products producer is set to commission a new steri-milk line filling and processing line in Chipinge in the final quarter of the year, which is projected to produce…
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