THE country’s short-term insurance sector has seen increased demand for specialised products such as motor, credit and bond lines, signalling a shift from overreliance on compulsory policies, a new report shows.Advertisements The development marks a new phase of growth and diversity in income streams, highlighting both the resilience of traditional covers and the momentum of…
THE Insurance and Pensions Commission (Ipec) says Zimbabwe’s life assurance sector should be innovative and diversify its revenue streams outside funeral cover to ensure sustainability.Advertisements In its Life Assurance Sector Report for the nine months ended September 30, 2025, Ipec said the sector’s long-standing reliance on funeral assurance products exposes it to concentration risks, resulting…
MOBILE data traffic increased by more than 10 percent in the third quarter of 2025, driven by growing demand for video streaming, according to the latest sector report from the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz).Advertisements All three mobile network operators, including Econet, NetOne and Telecel, posted growth of more than 10 percent.…
PENSION contribution arrears declined by nine percent to US$100,2 million in the third quarter to September 30, 2025, from US$110,4 million in the prior quarter, bringing relief to the sector marred by high default rates, the Insurance and Pensions Commission (Ipec) says.Advertisements This comes as more employers settled outstanding payments, heeding the call by the…
Oil extended a gain as the market weighed US President Donald Trump’s threat against Iran, while also focusing on his administration’s moves to exert control over Venezuela’s exports and energy…
President Donald Trump has ordered the US government to pull out of 66 international organisations that the White House said “no longer serve American interests.” That includes 31 United Nations…
By Simbarashe HamudiAdvertisements IN a significant shift in tax policy, Zimbabwe is set to implement a new Digital Services Withholding Tax, effective January 1, 2026. This reform, encapsulated in the revised Section 13A of the Value Added Tax Act, aims to address the growing issue of tax compliance in the digital economy. As businesses increasingly…
ZIMBABWE’s fuel consumption increased significantly in the 11 months to November 2025, with diesel and petrol demand up nearly 30 percent from a year earlier, reflecting stronger economic activity and sustained energy use across key sectors.Advertisements Latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows that diesel consumption increased to about 1,31 billion litres…
BUSINESS leaders and investment analysts are cautiously optimistic about the country’s 2026 economic prospects.Advertisements Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — these key stakeholders warned this week that despite the stabilising ZiG and inflation, as well as improved performances in key productive…
ZIMBABWE’S capital markets have been ranked seventh out of 16 major African markets, in terms of number of listings, driven by favourable investor policies in recent years, a new report shows.Advertisements According to the Economic Co-operation and Development (OECD)’s Africa Capital Markets Report for 2025, Zimbabwe, with two public stock exchanges, the Zimbabwe Stock Exchange…
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