NMB Bank (NMB) says it is in discussions with local insurance firms to develop a credit insurance guarantee aimed at improving farmers’ access to finance. The move follows persistent collateral challenges, which continue to hinder lending to farmers. NMB Bank divisional executive Erasmus Bhunu confirmed that the bank is working with three insurers to develop…
ZIMBABWE’S debt management and reporting regime have remarkably improved over the last five years, as the country has moved from “red flags” to green zones in many categories, officials say. This comes as Harare’s debt mountain has crept up to US$23 billion and Finance minister Mthuli Ncube is hoping “to deepen the domestic financial market…
BRICK manufacturer Willdale expects improved cash flow this year, supported by proceeds from the sale of housing stands and enhanced operational efficiency. This comes as the group’s production levels have been impacted by severe cash flow challenges due to weaker profit margins from reduced brick selling prices and high costs. To address this, Willdale is…
ONE of Victoria Falls’ most iconic dining and entertainment attractions, The Boma – Dinner & Drum Show, has recorded its strongest performance since opening more than three decades ago, achieving…
ZIMBABWEAN business leaders and economists have broadly welcomed the Reserve Bank of Zimbabwe (RBZ)’s intention to move from a tight to a prudential monetary policy thrust. The new policy is part of the central bank’s reviewed five-year roadmap aimed at protecting consumers, restoring credit flows and sustaining the economy’s hard-won stability. RBZ governor John Mushayavanhu,…
INNSCOR Africa (Innscor) plans to set up an additional 25 megawatts (MW) of solar power across its business units by the end of the 2027 financial year as part of its efforts to enhance energy efficiency. The move is expected to lessen reliance on unreliable grid electricity supply and significantly reduce energy costs, which remain…
GREENFIELDS Retail Centre boosted Tigere Real Estate Investment Trust (REIT) revenue for the fourth quarter ended December 31, 2025, surpassing the full-year target and lifting overall portfolio earnings. In a pre-close statement, Tigere said positive trading by key tenants translated into higher rental income by year-end. “Tenants such as Smokehouse, Hungry Lion, Rocomamas, Spar, Liquor…
THE country recorded a 5,7 percent decline in imports, according to data from the Zimbabwe Statistics Agency (ZimStats). This comes as the import figures went down to US$955,8 million in November 2025, from US$1,01 billion in October 2025. Import patterns shifted over the course of 2025, with early-year declines reflecting the government’s push to strengthen…
ZIMBABWE’s milk production reached a record 121,84 million litres in 2025, up six percent from 114,69 million litres in 2024, latest data shows. December 2025 production increased by 13 percent month-on-month to 11,41 million litres. Milk processors increased intake by seven percent to 112,75 million litres from 105,7 million litres the previous year, while retail…
THE Reserve Bank deserves commendation for signalling a deliberate pivot from a “tight” monetary stance towards a more “prudential” framework. This is not a retreat from discipline, but an evolution of policy thinking that reflects both the gains already secured and the constraints now confronting the real economy. There is little dispute that a tight…
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