Advertisements INDUSTRY has called for the relaxation of exchange controls by the government, which previously sparked pricing distortions and USD inflation in a bid to save the then-volatile local currency.Advertisements Authorities previously compelled formal businesses to quote a heavily discounted formal exchange rate, resulting in higher USD prices as companies complied. In an update, the…
NDARAMA, a local fintech company, has launched a digital platform that links tokenised real-world assets with USD lending delivered through mobile money. Tokenised assets are digital representations of real-world items…
Advertisements AUTHORITIES say the gap between the official exchange rate and the parallel market has narrowed sharply to 20 percent, marking a milestone in the stabilisation of the ZiG.Advertisements This comes after the country experienced sharp exchange rate spikes in 2024, prompting the government to introduce the gold-backed ZiG currency, which has remained stable for…
Advertisements By Bothwell NyajekaAdvertisements LAST week, I spent time with a client reviewing the company’s turnaround strategy. The discussion was robust and at times uncomfortable. As part of the exercise, management presented a detailed Key Performance Indicator (KPI) matrix outlining strategic initiatives, timelines, and responsibility charts. Then one director asked a simple question: Who should…
Advertisements By Memory NguwiAdvertisements BOARD overreach is one of the least understood but most damaging governance failures in organisations today. It does not announce itself with dramatic boardroom battles or high-profile scandals. It slips in quietly, disguised as “concern,” “help,” or “interest” from well-meaning board members. Yet once it takes root, it weakens accountability, paralyses…
Advertisements THE Zimbabwe Stock Exchange (ZSE)’s performance in 2026 is expected to directly reflect market confidence in the Reserve Bank of Zimbabwe (RBZ)’s policies aimed at stabilising the local currency, analysts at FBC Securities have said.Advertisements The country’s primary bourse was lukewarm in 2025 as a result of a tight liquidity stance by the central…
Advertisements FINANCE minister Mthuli Ncube’s five percent growth projection for 2026 is achievable, provided that the country addresses its structural weaknesses and that geoeconomic confrontations don’t severely disrupt global supply chains and cooperation.Advertisements So said the majority of experts this week who were interviewed by The Financial Gazette — the country’s number one business publication…
Advertisements TELECOMMUNICATIONS giant Econet Wireless Zimbabwe says it has completed its core network expansion for voice and data services, a move expected to improve the quality of service for users.Advertisements This comes after its continued investment in base stations and sites, particularly in rural areas. In its trading update for the third quarter ended November…
Advertisements DELTA Corporation (Delta) says it ceded US$315,2 million in various taxes to the Treasury in 2025, up 24,7 percent from prior year’s US$252,8 million driven by value added tax (VAT) and excise growth.Advertisements The tax contribution was a result of volume recovery, pricing strategies, and improved operational efficiencies thanks to recent investments in capacity…
Advertisements By Leonita MhishiAdvertisements IN the heart of Zimbabwe’s economic rebirth, one debate has steadily risen above the clang of commerce and the hum of domestic debate — where should we invest in property: in our bustling urban centres or in the silent promise of the rural horizon? This isn’t merely a technical question for…
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