Davison Kaiyo HARARE – Cement manufacturers are seeking government intervention in reducing key cost-drivers that are making its products uncompetitive compared to its regional peers. This came out at the commissioning of Lafarge Cement’s new US$2.8m dry mortar plant with the...
Simba Rushwaya HARARE - The insurance sector’s asset base has nominally increased by 147% in the just ended year from a total of $24.2 billion to $59.74 billion, Insurance and Pension Commissioner (IPEC) Commissioner...
Itai Ndongwe HARARE (FinX) – Zimbabwe Revenue Authority (Zimra) says it will chase a revenue target of US$7.1 billion in 2025, which is up 16.39% from US$6.1 billion in 2024. This will be anchored on an established digitilisation-driven strategy to...
By Staff Reporter  Harare – Zimbabwe’s government has called for stronger environmental, social, and governance (ESG) compliance across the public and private sectors as the country’s economy posts a significant rebound, with GDP revised to US$44.5 billion. Speaking at the inaugural...
  Benhilda Magomo Harare- Zimbabwe's continued unsustainable debt surpasses the national income by 99.6% which is unfit for developing countries like Zimbabwe, Economist data has reviewed. In a Public Expenditure Workshop, Zimbabwe Coalition on Debt and Development (ZIMCODD) Economist Zvikomborero Sibanda said...
Davison Kaiyo HARARE – Reserve Bank of Zimbabwe (RBZ) has disbursed USD1.17 billion since the auction started in June last year with Bakhresa group-owned Blue Ribbion topping the list of beneficiaries having accessed over USD17 million over the 10 months’...
Staff Writers The Zimbabwe Energy Regulatory Authority (ZERA) last night announced the reduction of fuel prices for both diesel and blend as of January 1, 2022, although the prices in local currency remained below USD $1 against the parallel market...
Talkmore Gandiwa The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and an estimated 76% of total employment, a senior government official has said. Addressing entrepreneurs at the...
HARARE - The Reserve Bank of Zimbabwe has maintained its key bank policy rate at 130% as it continues to stay the course of tight monetary policy. The Medium-term Bank Accommodation Policy was also maintained at 75% and will be...
HARARE – The 2019 Novel Coronavirus pandemic has dented any hopes of growth in 2020 with the International Monetary Fund also forecasting a gloomy global picture for the year. The Covid-19 pandemic is threatening to be more devastating than...

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