BUSINESS NEWS

Zimbabwe dairy sector grows, but

Zimbabwe's dairy industry has recorded encouraging growth, with raw milk production rising by 15% over the past year. However, escalating feed costs - which account for 80% of production expenses - ar...

By Staff reporter | Published: 25 July 2025

BUSINESS NEWS

ZimStat confirms dominance of Zimbabwe's huge informal sector

The Zimbabwean economy is overwhelmingly dominated by informal micro-businesses, according to a preliminary report of the 2023 Economic Census released yesterday by the Zimbabwe National Statistics Ag...

By Staff reporter | Published: 24 July 2025

BUSINESS NEWS

RBZ disburses ZiG350 million to key sectors

The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufacturing and agriculture, which accounted for 44.82 pe...

By Staff reporter | Published: 14 July 2025

MINING & RETAIL

Zimbabwean consumer sector poised for improvement

An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...

By Staff reporter | Published: 07 July 2025

BUSINESS NEWS

'Zimbabwe losing billions in tax revenue to informal sector'

Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...

By Staff reporter | Published: 04 July 2025

BUSINESS NEWS

Zimbabwe's pension sector faces a mounting crisis

Zimbabwe's pension sector faces a mounting crisis as contribution arrears soar to a staggering US$93 million, prompting the Insurance and Pensions Commission (IPEC) to announce an aggressive enforceme...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Millers cry foul over foreign takeover of reserved sector

Local grain milling companies have raised alarm over what they describe as the growing invasion of Zimbabwe's legally reserved sectors by foreign nationals, particularly Pakistani business operators.T...

By Staff reporter | Published: 03 July 2025

EDUCATION

Mass exodus of teachers hits Zimbabwe's education sector

Zimbabwe's education sector is facing a worsening crisis as thousands of government-employed teachers continue to resign each year due to poor salaries, lack of job satisfaction, and growing politicis...

By Staff reporter | Published: 29 June 2025

BUSINESS NEWS

Job losses plague Zimbabwe's retail, mining sectors

Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Private sector, experts hail Zimra's TaRMS tax regime

Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Zimbabwe banks channel US$200m into agric sector

Zimbabwe's banking sector has injected approximately US$200 million to support the ongoing 2024/2025 summer cropping season, underscoring renewed efforts to revitalize agriculture, a sector long regar...

By Staff reporter | Published: 22 May 2025

LANDS & AGRICULTURE

Zimbabwe turns to cotton GMOs to reboot sector

Zimbabwe has embarked on a strategic initiative to assess the performance of genetically modified (GM) cotton varieties as part of efforts to revitalise its vital cotton industry  -  a corne...

By Staff reporter | Published: 20 May 2025

INDUSTRIALS & ENERGY

Zimbabwe steel sector poised for rebound

Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...

By Staff reporter | Published: 18 May 2025

BUSINESS NEWS

Zimbabwe on path to private sector-led economy

Zimbabwe is forging ahead with a private sector-led economic model, as the Government and business leaders intensify collaboration aimed at creating a robust and sustainable economy. The move is align...

By Staff reporter | Published: 16 May 2025

BUSINESS NEWS

'Private sector key to Zimbabwe's energy transformation'

Zimbabwe is positioning the private sector as a central player in its quest for a sustainable, reliable, and inclusive energy future, government officials have emphasized.At the ongoing National Energ...

By Staff reporter | Published: 15 May 2025

MINING & RETAIL

Zimbabwe retail sector to grow by 5,10% in 2025

The Zimbabwean retail sector is projected to grow by 5.10% in 2025, with its future expansion dependent on how well it navigates the challenges of the operating environment, including the increasing d...

By Staff reporter | Published: 08 May 2025

EDUCATION

SECZim seeks to bolster financial sector integrity

The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...

By Staff reporter | Published: 08 May 2025

POLITICS

Mthuli Ncube to pitch Zimbabwe's energy sector in Paris

Zimbabwe's Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is set to deliver a keynote address at the Invest in African Energy (IAE) 2025 Forum in Paris next w...

By Staff reporter | Published: 07 May 2025

BUSINESS NEWS

Zimbabwe courts energy sector investors

Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...

By Staff reporter | Published: 28 April 2025

MINING & RETAIL

ALROSA to double investment in Zimbabwe's diamond sector

ALROSA, the world's largest diamond producer by output, has announced plans to double its initial investment in its joint venture with the Zimbabwe Consolidated Diamond Company (ZCDC), in a move that ...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

SMEs drive Zimbabwe's manufacturing sector

Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating perfo...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

Chiwenga urges private sector to drive Zimbabwe's industrial revival

Vice President Dr Constantino Chiwenga has underscored the indispensable role of the private sector in spearheading Zimbabwe's industrial transformation, calling for deeper collaboration between gover...

By Staff reporter | Published: 24 April 2025

INDUSTRIALS & ENERGY

Zimbabwe manufacturing sector faces challenges

Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...

By Staff reporter | Published: 16 April 2025

TELECOMS & TECHNOLOGY

Telecoms sector posts revenue growth

Zimbabwe's telecommunications sector registered growth in revenues for the quarter ending June 30, 2019, mainly on the back of upward tariff reviews as economic headwinds persisted. The sector, like a...

By Staff reporter | Published: 07 October 2019

INDUSTRIALS & ENERGY

Currency reforms expected to stabilise fuel sector

THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...

By Staff reporter | Published: 09 July 2019
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