finance

ICZ pushes for regional insurance uptake

THE Insurance Council of Zimbabwe (ICZ), through the National Bureau of Zimbabwe (NBZ), is aiming to boost Yellow Card uptake by eight percent by the end of next year. The Yellow Card provides regional third-party motor insurance cover for vehicles travelling across the COMESA bloc. This follows a strong performance last season, when more than…

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Zim ‘loses US$9 billion’ through raw tobacco exports

ZIMBABWE is losing as much as US$9 billion each year by exporting raw tobacco instead of processing it locally, a senior government official has warned. The country’s tobacco sector has hit a historic peak, producing a record 354,9 million kilogrammes this year, earning growers more than US$1 billion. Addressing stakeholders at the Zimbabwe Agricultural Society…

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Econet to delist on ZSE

ECONET Wireless Zimbabwe (Econet) has announced plans to delist from the Zimbabwe Stock Exchange (ZSE) to unlock shareholder value by separating its core mobile business from its infrastructure assets. The decision will see the telecommunications giant create a dedicated entity, Econet Infrastructure Company Limited (Econet InfraCo), to hold its real estate, towers, and power assets.…

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Government schemes inflation-proof bonds

THE government says it will introduce inflation-hedged and index-linked bonds, alongside a pension portability system that allows members to keep their accrued benefits when they change jobs or schemes, a move aimed at protecting the real value of retirement savings. The pension sector has long struggled with severe value erosion caused by hyperinflation and currency…

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Impact of the 2026 National Budget on boardroom conversations

By Bothwell Nyajeka WHEN the Minister of Finance, Economic Development and Investment Promotion, Mthuli Ncube, presented the 2026 National Budget on November 27, 2025, his announcement set off widespread analysis across corporate Zimbabwe. Since then, breakfast meetings, roundtables, and advisory sessions have been taking place as executives seek to interpret how the budget will shape…

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First Capital Bank wins top award

FIRST Capital Bank has been named Zimbabwe’s bank of the year by The Banker, a publication of the London-based Financial Times Group and a global reference in the banking sector. This prestigious accolade, awarded to a single bank per country, recognises institutions that excel through their strong business models, consistent strategic execution, and meaningful contributions…

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How investors can turn Zimbabwe’s contract farming experience into durable local value

By Professor Mandivamba Rukuni FOR decades, Zimbabwe’s experience with contract farming has been most visible in cotton and tobacco. Those systems proved one thing: contracts can mobilise inputs, lift yields and aggregate volumes quickly. But in many cases, the model that emerged was extractive — farmers supplied raw commodities while processors, traders and exporters captured…

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‘Mutapa Investment Fund a game changer’

ECONOMIST and public policy commentator Gift Mugano has described the Mutapa Investment Fund as nothing short of revolutionary, arguing that its early performance signals a decisive shift in the management of State assets. “Mutapa is a game-changer. It has the potential to turn around parastatals which have been a burden to the fiscus for decades,”…

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