finance

African insurers aim to cut costs, rebuild trust

INSURANCE firms are tackling high costs by breaking down comprehensive packages into modular, event-based coverage and automating underwriting and claims. To rebuild trust, companies are simplifying policy documents into local languages and using AI to slash processing times, including settling some motor vehicle claims within 48 hours instead of 14 days. These strategies were outlined…

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Role of credit rating in corporate governance, market confidence

By Ephraim Chawoneka IN recent years, credit ratings have become an important element of financial market infrastructure in growing economies. For Zimbabwe, where investor confidence, transparency, and corporate accountability remain a center to economic recovery, credit ratings play a critical role in enhancing corporate governance and strengthening market trust. The establishment of a local rating…

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Zimbabwe to survey rooftop solar boom

ZIMBABWE will next year conduct a nationwide survey of residential rooftop solar systems to measure the country’s growing dependence on alternative energy sources, the energy regulator has announced. The move follows a surge in home solar installations, which have become a popular response to chronic power cuts. This has created a vast, privately owned power…

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New Gweru hotel set to boost tourism

CONSTRUCTION of a US$600 000 boutique hotel at the Milan Restaurant site in Gweru is expected to ease the city’s shortage of tourist accommodation. The project, a joint venture between Milan Restaurant and Ultimate Bricks and Pavers, is scheduled for completion next year. The 13-room boutique hotel, whose groundbreaking ceremony was officiated by Midlands Provincial…

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Digital shift redefines Zimbabwe property

Leonita Mhishi IN Zimbabwe’s traditionally paper-heavy and relationship-driven property market, a digital transformation is quietly taking hold. The local real estate sector, long characterised by opaque transactions, manual record keeping, and costly bureaucracy, is being reshaped by a wave of technological innovation. From online listing platforms and drone-based surveys to experiments with blockchain land registries…

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Mineral sales volume up 14 percent in nine months

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) recorded a 14 percent surge in total mineral sales to 3,8 million tonnes for the nine months to September 2025, reflecting robust operational activity in the sector. Speaking at the MMCZ annual general meeting, the country’s minerals marketing agent’s general manager, Nomusa Moyo, said the total mineral sales…

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Delta, Caledonia shine at Top Companies

DELTA Corporation and Caledonia Mining Corporation dominated this year’s edition of the prestigious Top Companies Awards that were held in Harare yesterday. The awards, which celebrate Zimbabwe’s best-performing firms for…

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