THE fifth edition of the St John’s Mukuru Derby Day Sports Festival is set to reach unprecedented scale, with 49 school teams confirmed to take part in what has become…
ZIMBABWE’s fuel pricing structure is fast becoming a drag on economic recovery and policymakers must now confront a difficult but necessary question ― whether current tax levels on petrol and…
TONDERAI Mabambe has been appointed to the International Public Sector Accounting Standards Board (IPSASB) Sustainability Implementation Forum, underscoring Zimbabwe’s expanding influence in global public financial management. The appointment places Zimbabwean…
THE National Railways of Zimbabwe (NRZ) is finalising a revised corporate strategy aimed at improving financial performance and expanding freight capacity, with plans to roll it out next month.Advertisements NRZ was transferred to the Mutapa Investment Fund, the country’s sovereign wealth fund, in 2024 as part of a government initiative to restructure and revive state-owned…
ZIMRE Holdings (ZimRe) plans to divest from CFI Holdings and unlock value from its approximately 30 percent stake in the agro-industrial firm to grow its insurance business across the African region.Advertisements ZimRe and the National Social Security Authority (NSSA), through a structured investment vehicle, Stalap Investments, are the largest shareholders in CFI with a roughly…
ZIMBABWE’s formal retail sector continues to grapple with major challenges, as deep-seated structural issues and policy inconsistencies keep pushing consumers towards the booming informal market.Advertisements Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — analysts said this week that although the outlook for the…
HR Perspective with MEMORY NGUWI MOST organisations assume hiring mistakes happen during interviews, but that is not where the problem begins. The real issue starts much earlier, at the point…
TIGERE Real Estate Investment Trust (REIT) is set to acquire four additional real estate assets this year in addition to planned redevelopments at Highland Park as it accelerates its property portfolio expansion strategy.Advertisements The REIT is targeting to grow its net asset value to US$100 million by the end of this year from US$59,3 million…
NMBZ Holdings (NMBZ) says core interest income now contributes about 30 percent of total revenue, underpinned by expanding lending activity supported by new credit linesAdvertisements The bank is increasing its focus on export-oriented sectors as it strengthens its funding pipeline and deploys capital into productive industries such as agriculture, mining and horticulture. NMBZ chief executive…
AUTHORITIES have warned that the country’s economic outlook faces mounting risks if the Middle East conflict persists, citing potential strain on public finances, rising inflationary pressures and slower growth.Advertisements Zimbabwe, which relies heavily on imported fuel, remains increasingly exposed to global oil market disruptions triggered by escalating tensions involving the United States of America, Israel…
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