Youths hold potential for Africa’s economic growth

Business Writer African countries should leverage on the youth potential in the region for innovation, industrialisation, peace and socio – economic growth, the 44th Ordinary of Southern African Development Community…

Old Mutual’s O’mari launches home insurance solution,

Business Writer O’mari, the fintech subsidiary of Old Mutual Zimbabwe, has launched of its new digital-first, low-cost home insurance product ‘O’mari HomeCare,’ underwritten by Old Mutual Zimbabwe Insurance Company. This…

Afreximbank posts strong H1 2024 results amid economic headwinds

Business Writer The African Export-Import Bank (Afreximbank) has announced robust financial performance for the first half of 2024, defying challenging macroeconomic conditions. The bank reported a 24.5 percent surge in net…

Energy woes, tight monetary policy leave businesses limping

Tapiwanashe Mangwiro Business and industry are grappling with persistent power shortages that are threatening to derail production across key sectors. As the electricity crisis continues, companies are forced to navigate…

Lack of infrastructure hampers SEZs development

Business Writer The realisation of Zimbabwe’s Special Economic Zones (SEZs) is being hampered by a critical shortage of infrastructure, particularly in publicly owned zones, according to the Zimbabwe Investment and…

SADC needs strategic coordination, urgent action

Economy Uncensored with Tapiwanashe Mangwiro The Southern African Development Community (SADC), is a region brimming with potential, yet grappling with pervasive challenges that threaten its economic stability and growth. With…

Pricing stability drives OK Zimbabwe volume recovery

Nelson Gahadza Retailer, OK Zimbabwe Limited, says the stability of pricing during the four months to June 30, 2024, contributed positively to volume recovery, as customers responded favourably to the…

Sadc development fund fails to take off

Oliver Kazunga OPERATIONALISATION of the Southern African Development Community (SADC) Regional Development Fund hangs in the balance years after its establishment on account of mounting challenges including lack of funding…

Austerity measures back on table as Govt seeks to balance books

Option to sell state assets discouraged Business Writer The Government has outlined a raft of measures including increased taxation, asset sales and the issuance of new securities in order to…

Govt flags downside risks to 2025 growth projection

Business Writer The Government has sounded a note of caution on its ambitious 6,5 percent economic growth projection for 2025, highlighting potential risks that could derail the target. The positive…

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