finance

Fuel consumption rises to 1,34 billion litres

FUEL consumption rose in the first eight months of 2025, with diesel and petrol use reaching a combined 1,34 billion litres, according to data from the Zimbabwe Energy Regulatory Authority (Zera).This indicates growing fuel demand across the broader economy.Diesel usage between January and August reached 885,17 million litres, up from 704,32 million litres in the…

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Systemic challenges continue to hamper property sector

ZIMBABWE’S property sector remains a paradox of growing demand and deep-rooted challenges, characterised by liquidity issues, expensive local currency borrowing, and scarce hard currency loans, according to industry players.Despite notable growth in the first half of the year—driven by rising interest from individuals and companies seeking a hedge against inflation — the sector still grapples…

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Parliament embarks on budget consultations

PARLIAMENT today embarks on nationwide consultations to gather citizens’ inputs on the 2026 National Budget. This comes as the government says the 2026 National Budget would seek to further boost the country’s economy, lift the lives of the poor, and support ailing businesses. In a notice yesterday, Parliament said the public consultations would be conducted…

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Tourist arrivals soar

ZIMBABWE recorded a significant increase in tourist arrivals in the second quarter of 2025, with 471 041 visitors entering the country, up from 381 293 during the same period in 2024, according to Zimstat. This comes after President Emmerson Mnangagwa implored international exhibitors to continue supporting the country’s tourism products. In a transport statistics brief,…

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Harnessing big data and intelligent decision support systems

BY JACKSON T MASHINGE IN today’s fast-paced, data-driven world, organisations across various sectors in Zimbabwe are grappling with unprecedented challenges. Rapid technological advancements, shifting consumer expectations, and increasing market volatility necessitate timely, accurate, and strategic decision-making. A single misstep can lead to significant consequences, making Intelligent Decision Support Systems (IDSS) essential tools for navigating this…

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Due diligence key in property deals

BY LEONITA MHISHI BUYING or selling real estate is often the largest financial transaction many Zimbabweans will ever undertake, whether it is a modest residential stand, a commercial building in the capital, or agricultural land on the peripheries of urban centres.Yet in a fast-moving property market shaped by demand, speculation, and sometimes desperation, many participants…

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Mobile subscriptions, data penetration surge

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says the country has seen a sharp rise in active mobile subscriptions, resulting in an increase in mobile penetration across the nation. In a sector performance report for the second quarter of 2025 released last week, Potraz director Gift Machengete said he was happy with the…

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Simbisa eyes 61 new outlets

SIMBISA Brands (Simbisa) says it will continue to expand its store network and maintain market share through a new store pipeline of 61 outlets across the companyoperated markets for the full year to June 30, 2026. The Victoria Falls Stock Exchange-listed group said during the year ended June 30, 2025, it continued to grow with…

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Mukuru banks on new products, technology

MUKURU Financial Services Zimbabwe (Mukuru) is targeting to turn to profitability in the next 12 months, driven by increased wallet activities and the rollout of new products. This comes as the deposit-taking microfinance bank made a loss after tax of ZWG20,2 million during the 15 months to March 31, 2025. Mukuru chairman, Bongai Zamchiya, said…

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