Advertisements ZIMBABWE’s fuel consumption continues to trend upwards, supported by improved economic activity.Advertisements Latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows that diesel consumption increased by 31 percent to 1,47 billion litres in 2025, up from 1,12 billion litres in 2024. Petrol consumption also increased by 25 percent, expanding from 568,75 million litres…
Advertisements TSL recorded a 24 percent increase in revenue to US$45,6 million during the year ended October 31, 2025, from US$36,8 million in the comparable period, driven by improved volumes across all business units.Advertisements The diversified firm’s earnings before interest, tax, depreciation and amortisation increased by 70 percent to US$19,3 million during the year under…
THE Harare Under-20 Rugby League begins its first week of action this weekend at Old Georgians, showcasing an impressive 30 teams, including 24 boys’ teams and six girls’ teams. Harare…
Advertisements THE International Monetary Fund (IMF) is in the country for a week-long mission to engage Harare in a Staff-Monitored Programme (SMP) aimed at resolving Zimbabwe’s long-standing external debt arrears.Advertisements The mission comes at a time when Zimbabwe’s total public and publicly guaranteed (PPG) debt stood at about US$23,4 billion by late 2025, with external…
Advertisements BAKER Tilly says it is confident that the Zimbabwe Revenue Authority (Zimra) will meet its 2026 revenue collection target of US$9,4 billion.Advertisements The government has set a total revenue target of ZiG288 billion this year, equivalent to approximately US$9,4 billion, representing 16,9 percent of gross domestic product (GDP). This target forms part of a…
Advertisements By Misheck NyawoAdvertisements AS businesses reset for a new year, there is a compelling need to pause, reflect and realign with the fundamentals of why organisations exist in the first place. In an environment characterised by intense competition, rapid imitation and constant market noise, many organisations have drifted into reactive strategies driven more by…
Advertisements By Bothwell NyajekaAdvertisements DISCUSSIONS from the World Economic Forum in Davos, Switzerland, dominated last week’s global news bulletins. Amid the many high-level conversations on geopolitics, trade tensions, and economic uncertainty, one interview stood out for me. In a conversation with Richard Quest, the director-general of the World Trade Organisation, Ngozi Okonjo-Iweala, was asked a…
Advertisements ZIMBABWE recorded a goods trade surplus of US$240,2 million in December 2025, a 163,8 percent increase from the US$91,1 million surplus registered in November, according to the latest data from the Zimbabwe National Statistics Agency (ZimStat).Advertisements Exports rose by 9,1 percent to US$1,14 billion in December from US$1,05 billion the previous month, while imports…
Advertisements ZIMBABWE’s gold companies are poised for another revenue boom this year as the price upswing intensifies, driven by global economic uncertainties.Advertisements The price of gold hit new highs this week, reaching US$5 092,71 on Monday, surpassing expectations. In its December 2025 global research report, J.P. Morgan had anticipated that gold demand would push prices…
Advertisements RESERVE Bank of Zimbabwe (RBZ) governor, John Mushayavanhu, should prioritise the consolidation of the economic gains that Zimbabwe has recorded over the past year in his upcoming monetary policy statement, experts say.Advertisements Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts…
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