THE continued tightening of local currency liquidity in the economy by monetary authorities has left long-term market confidence in the ZiG hanging by a thread, analysts have warned. According to financial and securities research firm, Inter Horizons (IH) Securities in its third-quarter equity strategy review, the adoption of the local currency could be adversely impacted…
ZIMBABWE’s merchandise exports are projected to grow by 5,8 percent next year to US$10,2 billion from this year’s US$9,6 billion, supported by tobacco and strategic minerals, Treasury has said. Speaking at the 2026 pre-budget seminar yesterday, Finance Minister Mthuli Ncube said tobacco and gold have been the key drivers of the country’s merchandise export receipts…
By Mike Henson, BBC Sport rugby union news reporter and Chris Jones, Rugby union Correspondent Freddie Steward says England are desperate to puncture New Zealand’s aura and inflict a first home win over the…
Gold traded steady, consolidating three days of growth, as traders weighed the imminent restart of the US government and the prospect of further interest-rate cuts in a subdued labor market.…
Nigerian stocks tumbled the most in 15 years as foreign investors rushed to sell ahead of a new tax regime set to triple capital gains taxes. The NGX All-Share Index…
IT IS now all systems go for the introduction of new and higher ZiG denominations, as authorities also work to enhance both the supply and quality of notes of the local currency in the economy. So says Finance minister Mthuli Ncube, who adds that the upcoming 2026 National Budget will seek to transform the economy…
THIS year’s edition of the Top Companies Survey Awards is setting the tone for enhanced corporate innovation, emphasising the crucial role of artificial intelligence (AI) in shaping Zimbabwe’s economic future.…
By Andrew Benson, F1 Correspondent Toto Wolff is in advanced talks to sell part of his shareholding in the Mercedes Formula 1 team. The deal values Mercedes at £4.6bn –…
SOUTH Africa’s Liquid Cloud and Cyber chief executive officer, Oswald Jumira, is set to be the keynote speaker at the prestigious Top Companies Survey 2025 in Harare this Friday. First launched in 1980, the annual business event, courtesy of the Financial Gazette and financial services giant Old Mutual Zimbabwe, is a key fixture on Zimbabwe’s…
ZIMBABWE urgently requires 40 000 more tractors and 200 harvesters to modernise agriculture and boost food security. Deputy minister of Agriculture Vangelis Haritatos said the government’s urgent push to close a yawning mechanisation gap contributes to untimely planting, delayed harvesting, and significant post-harvest losses. “We have just over 16 000 functional tractors in Zimbabwe, but…
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