finance

Airports traffic surges

PASSENGER numbers at the country’s airports climbed to 2,52 million in 2025, up 10 percent year-on-year, driven by a resurgence in international travel, latest data shows.Advertisements In 2024, the country’s airports served 2,28 million passengers. According to the Civil Aviation Authority of Zimbabwe (CAAZ), international passenger traffic remains the dominant driver of growth, rising by…

Subscribe to read full article. Subscribe today

Read more

Is cybersecurity insurance worth it for businesses?

By Godfrey NyoniAdvertisements CYBERCRIME is no longer a distant problem limited to large international corporations. In Zimbabwe, cyber risks are increasing as businesses adopt digital tools such as email communication, online banking, mobile money platforms, cloud storage, and company websites. These technologies improve efficiency and convenience, but they also expose organisations to new types of…

Subscribe to read full article. Subscribe today

Read more

Starlink blocked from South Africa

Elon Musk said South Africa’s telecommunications ownership rules are preventing his satellite internet company, Starlink, from launching in the country, renewing debate over how Africa’s most industrialised economy balances transformation…

Read more

Zim posts record foreign currency receipts

ZIMBABWE’s foreign currency earnings increased by 21,8 percent to US$16,2 billion in 2025 from US$13,3 billion recorded during the comparable year, buoyed by favourable commodity prices.Advertisements This is the highest performance the country has recorded, sustained by the improvement in prices of key minerals and the growth in diaspora remittances. According to the Reserve Bank…

Subscribe to read full article. Subscribe today

Read more

Foreign reserves surge to US$1,2 billion

ZIMBABWE’s foreign currency reserves surged to US$1,2 billion as of December 31, 2025, marking nearly a fourfold increase from the US$276 million held when the ZiG was introduced in April 2024.Advertisements The build-up, confirmed by the Reserve Bank of Zimbabwe (RBZ), is deemed critical for the lasting stability of the country’s currency, the ZiG. The…

Subscribe to read full article. Subscribe today

Read more

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More