Ephraim ChawonekaAdvertisements AS African economies prepare for deeper regional integration under the African Continental Free Trade Area (AfCFTA), ICRA Zimbabwe is shaping how businesses, investors, and governments approach financial decisions across Southern Africa. With a growing presence and a clear mandate to bring transparency into economic activity, ICRA Zimbabwe is evolving as a defining force…
THE ZiG annual inflation rate in November dropped to 19 percent from 32,7 percent the previous month, to settle within the Reserve Bank of Zimbabwe’s 20 percent target for the year-end.Advertisements The Confederation of Zimbabwe Industries (CZI) recently projected that the country’s annual ZiG inflation is likely to fall into a range of 15 percent…
By Kim Polley and Chiedza DanhaAdvertisements ZIMBABWE’S mining sector is evolving more quickly than the world realises. For many investors outside the country, the prevailing view is still shaped by the economic volatility of a decade ago when policy uncertainty, foreign-currency controls and power shortages dominated the headlines. That story is now out of date.…
ZIMBABWE’S small businesses came under the spotlight last night at the launch of the inaugural State of the MSMEs Survey Report, where top-performing enterprises were honoured at a colourful ceremony in Harare.Advertisements The project was spearheaded by the country’s number one business publication and prime voice for industry and commerce, The Financial Gazette, and the Small and Medium Enterprises Development Corporation (SMEDCO), while…
KUVIMBA Mining House (KMH) says the resurgence in global lithium prices will enhance the feasibility of setting up a planned on-site concentrator plant at its Sandawana Mines.Advertisements Lithium prices have recently cooled from record highs in 2022 as supply outpaced demand, pressuring margins for global producers, including KMH. With prices steadily improving, experts predict global…
MASHONALAND Holdings (Mash Holdings) is gearing towards fully commercialising its completed projects to increase profitability and unlock more value for its shareholders.Advertisements This comes after the property firm reported a 16 percent increase in revenue to US$6 million for the nine months to September 30, 2025, driven by the Greendale cluster stand sales and new…
By Bothwell NyajekaAdvertisements EVERY November in Zimbabwe, a familiar air of excitement and expectation takes hold among employees and families across the country. The month has, over the years, earned the unofficial title of “bonus month.” For both government and private sector employees, November represents a period of expectation and financial relief as many organisations…
AXIA Corporation (Axia) reported robust volume sales across major operating units during the first quarter ended September 30, 2025, primarily driven by newly-established store outlets.Advertisements The group has three operating business units, namely TV Sales & Home (TVSH), Transerv and Distribution Group Africa (DGA), which operates in Zimbabwe, Zambia and Malawi. In the past 12…
THE government must use the second phase of the Zimbabwe National Industrial Development Policy (ZNIDP) to ramp up the growth of the country’s economy.Advertisements So say business leaders and top economists, as authorities prepare to roll out ZNIDP 2, which will run from 2026 to 2030. Speaking to The Financial Gazette — the country’s number…
NMBZ’s business reengineering exercise significantly eroded profit margins during the third quarter ended September 30, 2025, after once-off expenses propelled operating costs by 70 percent year-on-year to ZiG1,1 billion.Advertisements The group redesigned its business processes from the ground up to achieve improvements in operational performance. In its latest trading update, the diversified financial services provider…
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