finance

Government scouts wind energy potential

THE government has identified potential sites capable of generating more than 500 megawatts of wind energy as Zimbabwe intensifies its shift toward cleaner power sources. Zimbabwe is expanding its renewable energy sector and aims to reach 2 100MW of capacity by 2030. Wind energy is emerging as a key investment area alongside solar and hydropower.…

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Agric financing tops CBZ loan book

CBZ Holdings (CBZ) grew its agricultural lending by 52 percent year-on-year in 2025 to ZiG3,2 billion, overtaking private-use loans as the largest share of its portfolio, reflecting a strategic shift toward productive sector financing. In its financial results for the year ended December 31, 2025, the group advanced ZiG10,99 billion in loans, with agriculture accounting…

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‘No easy road for the ZiG’

THE ZiG will continue to face a challenging path to its wider use in the economy until authorities are able to prove its long-term viability amid lingering market scepticism, many experts say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts observed…

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Cabinet approves formalisation strategy

CABINET has approved Zimbabwe’s National Formalisation Strategy, a policy aimed at integrating small businesses in the informal sector into the mainstream economy. Small and medium enterprises (SMEs) continue to operate outside the formal system, largely due to barriers such as high licensing fees and taxes associated with compliance. In a post-Cabinet media briefing, Minister of…

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