finance

Cheer as Zimbabwe eyes best-ever gold haul

WITH Zimbabwe’s key gold sector on course for a record year, analysts are growing increasingly confident that this windfall can reshape the country’s economic landscape if authorities curb leakages and streamline their policies. This comes as global gold prices remain above US$4 000 per ounce, while the latest figures from Fidelity Gold Refinery show that…

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JMS’s Radio 3000 hits the trail

JESTER Media Services (JMS) is now able to offer its business partners a 360-degree media and marketing capacity. This follows the launch of the dynamic media group’s new online radio station, Radio 3000, in Harare on Monday. JMS’s multimedia operations now span television, radio, newspapers, websites, social media, mobile apps and strategic communications. Radio 3000…

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Econet’s fintech units drive growth

ECONET Wireless Zimbabwe (Econet)’s recently acquired financial technology (fintech) units bolstered the group’s earnings during the six months to August 31, 2025, as market penetration strategies paid off. The group, last year, acquired fintech companies, EcoCash, VAYA Technologies, Econet Insurance, Econet Life, MARS Zimbabwe, and Maisha Health Fund from EcoCash Holdings, now TN CyberTech Investments,…

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Forex availability boosts Axia

AXIA Corporation says its Zimbabwean operations continue to benefit from strong access to foreign currency, enabling the business to effectively meet its import requirements. This is in stark contrast with its other operating markets, Malawi and Zambia, where foreign currency shortages and exchange rate volatility have impacted operations. This financial stability provides a solid foundation…

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Zimplow to dispose of Willowvale asset

ZIMPLOW Holdings (Zimplow) plans to dispose of its Dagenham Property in Willowvale for US$3,2 million as part of a strategic move to recycle capital from non-core assets into high-return operational avenues. The Victoria Falls Stock Exchange-listed group confirmed it has entered into an agreement with the Hailing Family Trust for the sale of the asset.…

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Experts call for time-bound tariffs

EXPERTS have warned policymakers against turning industrial policy into an instrument of permanent protectionism. Instead, they called for carefully designed, time-bound safeguards that nurture industry without overburdening the national fiscus. This comes as the country moves towards finalising a five-year roadmap meant to accelerate industrial growth from 2026 to 2030, the Zimbabwe National Industrial Development…

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Take advantage of the gold boom

THE government must shun complacency and adopt a rigorous, disciplined approach to managing the gold sector in this era of unprecedented opportunity for the industry. The country is clearly benefiting from rising output and buoyant global prices, yet these gains will remain fragile unless matched by serious reforms. Record deliveries are encouraging, but production figures…

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SOSES third edition launches next month

THE third edition of the State of Services Economy Survey (SOSES) will be launched on December 10 in Harare. ZB Financial Holdings is funding the survey, with The Financial Gazette and TATU Advertising serving as project partners. “The research team at Consumer Feedback Consultancy is currently in the field and finalising data collection ahead of…

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Service economy shifts into high gear

ZIMBABWE is rapidly transitioning to a services-based economy from a resource-driven one, leveraging digitisation and artificial intelligence, a prominent technology expert has said. Speaking at the 2025 Top Companies Survey awards ceremony, organised by The Financial Gazette with sponsorship from Old Mutual Zimbabwe, guest of honour and Liquid Cloud and Cyber chief executive Oswald Jumira…

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