FOREIGN direct investment into Zimbabwe is expected to reach US$847 million next year, as the government steps up efforts to improve the business operating environment. In his 2026 national budget statement, Finance minister Mthuli Ncube said foreign direct investment (FDI) inflows grew from US$151 million in 2020 to an estimated US$799 million in 2025. “Since…
STANBIC Bank Zimbabwe (Stanbic) has reaffirmed its long-standing commitment to the fight against cancer by increasing its annual donation to the Cancer Association of Zimbabwe (CAZ) from last year’s US$20…
THE Reserve Bank of Zimbabwe (RBZ) has made significant strides towards meeting the conditions for the de-dollarisation of the country’s economy by 2030. So declared the governor of the central bank, John Mushayavanhu, earlier this week, following a meeting of the RBZ’s monetary policy committee (MPC). “The MPC noted that the aforestated positive monetary and…
THE Zimbabwe National Statistics Agency (Zimstat) is working with the United Nations to strengthen data coordination, production, and utilisation for evidence-based development in the country. Speaking at the Data for Development and Innovation (DFDI) Working Group, Zimstat director general Tafadzwa Bandama said the initiative sought to ensure coordinated efforts to close data gaps in previous…
ECONET Wireless Zimbabwe is hosting a technology exhibition next week, which is expected to be one of the most significant tech expos the country has ever seen. The three-day ‘Econet…
MUTAPA Investment Fund (Mutapa) deployed over US$100 million to state-owned entities under its management to boost operations and viability as of September 2025. Minister of Finance Mthuli Ncube said the funds were deployed in direct capital injections, partnerships, and joint ventures. He said the results show a material turnaround, with 53 percent of the state-owned…
MIMOSA Mining Company says it is pushing for safe, modern, and inclusive mining through the adoption of “cutting-edge smart technology”. Speaking on the sidelines of the Business for Sustainable Development Zimbabwe (BCSDZ) annual conference over the weekend, Mimosa general manager, Stephen Ndiyamba, emphasised that the rapid evolution of the workforce required industries to rethink traditional…
ZIMBABWE’s foreign currency receipts increased by 21 percent to US$13 billion during the first 10 months of 2025, sustained by a growth in export earnings and remittances, latest data shows. According to the Reserve Bank of Zimbabwe (RBZ), the country continues to record strong foreign currency inflows, with foreign currency reserves backing the ZiG reaching…
MUKURU has partnered with Women in Farming and Entrepreneurship (W.I.F.E.) to roll out a targeted initiative to support and grow rural women’s farming businesses. The fintech and agripreneurship partnership combines…
By Memory Nguwi DEVELOPING a strategy in Zimbabwe, and I am sure in many other jurisdictions, has become a ritual rather than a genuine act of thinking about how to win. Over the years, I have observed that what most organisations call “strategy sessions” or “strategy workshops” rarely produce strategy at all. They default to…
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