finance

Cheer for Victoria Falls hotels this festive season

VICTORIA Falls heads into the 2025 festive season with steady hotel bookings, although the resort is unlikely to achieve the full occupancy levels it has traditionally enjoyed. The peak festive period runs from 22 December to 2 January and has historically been driven largely by local travellers, particularly around Christmas. Hospitality Association of Zimbabwe (HAZ)…

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‘Current account surplus boon for ZiG’

THE Reserve Bank of Zimbabwe (RBZ) says the country has recorded a trade surplus over the past two months, signalling a tentative economic recovery and strengthening prospects for the continued stability of the ZiG currency. The development follows a trade surplus of about US$7 million recorded in August 2025, with authorities projecting that the positive…

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Prospect Lithium upbeat on outlook

PROSPECT Lithium Zimbabwe (PLZ) remains optimistic about its outlook for next year, driven by the planned completion of its lithium processing plant in the first quarter. The commissioning of the US$400 million lithium sulphate plant will mark full scale operations of PLZ’s twin company, Arcadia Technology Zimbabwe (ATZ). Both entities are owned by Shanghai Stock…

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Dairy producer prices trail rising costs

THE country’s dairy industry recorded strong growth in 2025, but farmers warn that the sector’s long-term viability remains under threat as producer prices continue to lag behind rising production costs. Milk output surged to a record 10,7 million litres in October, lifting cumulative production to 99,6 million litres by the end of that month. The…

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NTS delisting date set

NATIONAL Tyre Services (NTS) is set to voluntarily terminate its Zimbabwe Stock Exchange (ZSE) listing on December 31, 2025 following approval from shareholders. “In terms of Section 15 (d) of the ZSE Listing Requirements, holders of NTS securities are hereby advised that the securities can no longer be traded on the ZSE with effect from…

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‘Taxes push masses to cash’

THE Bankers Association of Zimbabwe (BAZ) has urged the government to review its growing list of levies on digital transactions and services, warning that the charges risk discouraging electronic payments and undermining efforts to formalise the economy. Their concerns follow the introduction of new taxes in the 2026 national budget, presented a fortnight ago by…

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ZITF to push for regional integration

THE Zimbabwe International Trade Fair Company (ZITF) has set the stage for the 2026 edition of the Zimbabwe International Trade Fair with a bold theme signalling a strong push toward regional integration and industrial competitiveness. The annual trade show, set to run from April 20 to 25, 2026, at the Zimbabwe Conference and Exhibition Smart…

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Govt approves telecoms, broadcasting fees review

THE government is set to review and reduce high fees, levies, and taxes in the telecommunications and broadcasting sectors as part of ongoing ease-of-doing-business reforms. Speaking during the last post-Cabinet media briefing in Harare yesterday, Information minister Jenfan Muswere confirmed that Cabinet had approved the review to address burdensome costs within the sectors. “Cabinet approved…

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