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Stability allowing consistent pricing, better planning

THE relative macroeconomic stability that has prevailed since April 2024, when the country adopted Zimbabwe Gold (ZiG) as a new currency, has allowed consistent...
Business

Mnangagwa dangles surprise US$150 bonus for civil servants ahead of planned protests

HARARE – The government has announced a surprise US$150 “Special Presidential Bonus” for all civil servants, coming on the eve of planned protests being...
Business

China’s largest car company unveils big plans for South Africa

BYD is the world’s largest maker of new energy vehicles (NEVs), with over 1 million staff members worldwide. BYD has sold more cars than...
Business

Delta invests in new Bulawayo brewhouse as city reclaims industrial hub status

DELTA Corporation is today breaking ground for its new brewhouse in Belmont, Bulawayo a development that further signals the city’s renaissance and its steady...
Banking

Zimbabwe Central Bank Reviews Transaction Costs to Encourage Wider Use of Local Currency

HARARE – The Reserve Bank of Zimbabwe (RBZ) is undertaking a comprehensive review of transaction costs and digital payment infrastructure as part of ongoing...
Business

Retailers Oppose Proposed Import Controls

HARARE – The Confederation of Zimbabwe Retailers (CZR) has voiced strong opposition to a proposal by the Confederation of Zimbabwe Industries (CZI) to impose...
Politics

Treasury Under Siege — Inside the Cartel That Runs Zimbabwe’s Finances

HARARE — The stunning dismissal of Energy Mutodi from his position as Chairperson of Parliament’s Finance and Budget Committee has ripped the lid off...
Business

Zimbabwe business beset by profitability problems

HARARE - Recent financial results indicate that profit margins across Zimbabwe's listed companies have generally softened, reflecting mounting cost pressures and a challenging policy...
Business

Bitumen World denies bribery claims linked to finance secretary Guvamatanga

HARARE – Civil engineering firm Bitumen World has denied claims by an MP that it was asked to pay bribes to finance ministry permanent...
Business

Pension assets hit US$2,63bn

Zimbabwe’s pensions industry recorded a 6 percent growth in total assets to U$2,63 billion in the quarter to June 30, 2025 , according to...
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