finance

Economic outlook is uncertain: Business

ZIMBABWE’s economic outlook remains uncertain — characterised by fragile growth, entrenched dollarisation, ongoing power cuts, rising inflation, high taxation, policy flip-flops and growing business informality — experts say.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts warned this week that the above…

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VFEX stocks rally in Q1. . .as Zimbabwe Stock Exchange sees red

THE Victoria Falls Stock Exchange (VFEX) stood resilient in the face of market liquidity challenges during the first three months of 2025, with all key performance indicators in the positive, official data shows.The positive run, despite limited liquidity, allays earlier concerns about market stagnation.The VFEX ― a subsidiary of the Zimbabwe Stock Exchange (ZSE) ―…

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‘US tariffs concession to weigh on economy’

ZIMBABWE’s suspension of tariffs on goods imported from the United States (US) will pile pressure on local industry already grappling with stiff competition from imported goods, at the same time undermining ongoing government efforts to augment revenue collection, analysts say.Recently, President Emmerson Mnangagwa announced he will suspend tariffs on goods imported from the US in…

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Stock brokers walk tight rope

LOCAL stock brokers struggled in the fourth quarter of 2024, with 13 of the 22 registered firms failing to break even as muted market activity weighed heavily on the sector.The Securities and Exchange Commission of Zimbabwe (Seczim) in its Q4-2024 capital markets newsletter, released this week, said securities dealing firms’ earnings were “critical” based on…

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CZI calls for gender equity in manufacturing

THE Confederation of Zimbabwe Industries (CZI) has emphasised the need to segment costs to ease the cost of doing business for women-owned businesses.Speaking on the sidelines of a National Foods factory tour, conducted recently through its Women in Industry (WIN) platform, chief executive, Sekai Kuvarika, said that as most women-owned businesses are startups or small…

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Rethinking pay for non-executive directors

HAVING conducted non-executive director (NED) remuneration surveys in Zimbabwe for over two decades, I have had a front-row seat to one of the most enduring paradoxes in our corporate landscape: we expect a great deal from our boards, yet we continue to reward them poorly. Year after year, data has consistently shown that NEDs in…

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Fastjet in regional flights offensive

Fastjet Zimbabwe (Fastfjet) is gradually expanding its air service into the vast African region, bringing its total number of operating countries to three following the launch of the Lusaka-Harare route last week.Previously, Fastjet operated routes in Zimbabwe and South Africa.Since 2015, Fastjet has been growing its list of service routes which includes flights between Harare,…

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