FOR pessimistic local businesses and consumers to start reaping the benefits of the country’s relatively high GDP growth rate, authorities need to foster Zimbabwe’s long-term economic prosperity, experts say.Speaking to …
finance
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THE Reserve Bank of Zimbabwe (RBZ) says the transition to a mono-currency system by 2030 will be a market-driven process supported by targeted policy interventions.This week, the central bank formally …
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INDUSTRY has raised a red flag over the extensive taxation of local businesses, rendering locally-produced goods uncompetitive on both domestic and international markets.In its submissions to the Ministry of Industry …
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ZIMBABWE’s trade deficit narrowed to US$8,7 million in July 2025, a 94,5 percent drop from the US$158,6 million recorded in June, official figures show.The significant improvement in the country’s trade …
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ZIMBABWE’s economy saw a growth of 7,01 percent to ZiG18,8 billion in the second quarter of 2025, with the mining and quarrying sector emerging as the top contributor to the …
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NBS recorded a surplus of ZiG95,3 million during the six months ended June 30, 2025, overturning a ZiG288 million loss realised in the comparable period last year, thanks to growth …
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THE government and Australian gas and oil exploration company, Invictus Energy (Invictus), have concluded the long-awaited consolidated Petroleum Production Sharing Agreement (PPSA) for the Cabora Bassa Basin project.This comes as …
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NMB Bank’s loan book grew by 18 percent to ZWG3,4 billion during the half year to June 30, 2025 from ZWG2,9 billion in the comparable period, attributed to the drive …
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ZIMBABWE is set to benefit from the United Nations International Telecommunication Union (ITU)’s proposed high-capacity fibre backbone project across Africa’s 16 landlocked developing countries (LLDCs).Landlocked countries require terrestrial connections through …
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Tariro Tumbukayi THE Infrastructure and Development Bank of Zimbabwe (IDBZ) plans to explore trade-finance based bond issuances in the second half of 2025, as part of efforts to address funding …
