finance

Gloomy jobs outlook for developing economies

Advertisements THE World Bank says that growth in developing countries, including Zimbabwe, is progressing at a significantly slower pace than needed to effectively absorb the expanding young population into the job market.Advertisements This comes as the Washington-based lender projects growth in developing economies to slow to four percent this year from 4,2 percent in 2025.…

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Zimbabwe urged to explore hemp biochar

Advertisements ZIMBABWE’s efforts to secure reliable and affordable electricity are facing growing pressure from rising demand, climate-related shocks and continued reliance on a narrow energy mix, prompting renewed calls for alternative and climate-resilient energy solutions.Advertisements Energy experts urged the government to consider integrating hemp-derived biochar into the country’s renewable energy framework, arguing that the approach…

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Real estate’s new frontier

Advertisements By Leonita MhishiAdvertisements ZIMBABWE’S real estate market is defying expectations, carving out a distinct identity in a global landscape marked by economic uncertainty and shifting investment priorities. Far from the static sector of a decade ago, property in Zimbabwe is now a hotbed of innovation, speculation, cultural symbolism and long-term strategic capital allocation. But…

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Understanding gaming operators, punters tax

Advertisements By Simbarashe HamudiAdvertisements IN the dynamic world of gambling and betting, the imposition of taxes plays a significant role in both the financial operations of gaming operators and the experiences of punters. Understanding the Gaming Operators Tax and the Punters Tax is essential for grasping how these financial obligations shape the landscape of the…

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Vic Falls hotels record steady festive occupancy

Advertisements HOTELS in Victoria Falls recorded stable accommodation occupancy levels over the festive period, although visitor numbers fell below those recorded during the same period last year.Advertisements The peak festive season runs from 22 December to 2 January and has historically relied heavily on domestic travellers, particularly around Christmas time. Hospitality Association of Zimbabwe (HAZ)…

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AI in Africa not just a tech revolution, it’s a societal one

Advertisements By Ephias RuhodeAdvertisements FOR decades, the narrative of African development has been one of “catching up”, a relentless pursuit of the industrial milestones set by the Global North. But as we stand in 2026, a different story is unfolding. AI is not merely about innovation hubs in cities, it is about how societies organise…

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2026: The new year in the boardroom

Advertisements By Bothwell NyajekaAdvertisements AS we start the new year, I am reminded of the lyrics to Fleetwood Mac’s 1977 classic “Don’t Stop”: “Don’t stop thinking about tomorrow, don’t stop, it will soon be here. It will be better than before. Yesterday is gone, yesterday is gone.” The lyrics capture the spirit with which many…

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ZiG makes up 40 percent of national payments

Advertisements THE local currency, ZiG, now accounts for nearly 40 percent of all national payment system transactions, marking a steady improvement in its acceptance by the market, latest figures from the Reserve Bank of Zimbabwe (RBZ) show.Advertisements Zimbabwe operates a multi-currency system, which, however, largely remains tilted towards the US dollar. The latest data signals…

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