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…
PADENGA Holdings says the ongoing surge in gold prices will significantly improve the group’s annual revenue. Gold spot prices breached the US$4 000 mark in the second half of the year, attributed to increased investor demand for gold as well as strong buying power by central banks. The group operates a mining portfolio, Dallaglio and…
TREASURY’s 2026 national budget attempted to project discipline, modernity and ambition, yet it landed unevenly in key areas that demand greater policy sensitivity. For a statement intended to usher in the first year of NDS2, it seemed to rely too much on blunt instruments rather than calibrated reform, leaving room for a sharper, more constructive…
THE World Bank has commended the Zimbabwean government for sustaining the prevailing macroeconomic stability, describing it as a positive step in the ongoing debt resolution process. Zimbabwe is actively seeking to eradicate its debt stock through an arrears clearance and debt resolution process, which involves the implementation of economic and governance reforms as well as…
THE third edition of the State of the Service Economy Survey (SOSES) will be launched next week in the capital. The event, set for December 10 in Harare, is being…
ZIMRE Holdings (Zimre) says it remains committed to maintaining and building foreign investments that leverage on regional integration and trade policies. The group said it is actively pursuing a capital raise for its reinsurance subsidiary, Emeritus International Reinsurance, as the centrepiece of its strategy to boost its continental presence. “As we close 2025, the group…
By Ephraim Chawoneka IN today’s world of tight financial investigation and rising expectations from investors, lenders, and the public, governance has become one of the most important factors influencing an organisation’s creditworthiness. In Zimbabwe, both private companies and public institutions are increasingly judged on how well they are governed. Agencies such as ICRA Zimbabwe, which…
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