Zimbabwe’s electricity output rises 4.5% year-on-year

Business Writer Zimbabwe’s electricity generation showed remarkable growth in the third quarter of 2024, as detailed in the latest report from the Zimbabwe National Statistics Agency (ZimStat). According to the…

PRAZ boss Ruswa elected to lead African procurement body

Oliver Kazunga Senior Business Reporter THE Procurement Regulatory Authority of Zimbabwe (PRAZ) chief executive officer Mr Clever Ruswa has been elected as the president of the African Public Procurement Network…

 ZSE suffers bloodbath amid economic pressures, VFEX Gains Ground

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) endured another challenging session on Thursday as the liquidity squeeze in the economy continued to pressure investors. The All Share Index shed 1,20…

Sun over water: IEUG bags US$250 mln for Kariba floating solar

Tapiwanashe Mangwiro The Intensive Energy User Group (IEUG) recently unveiled a series of ambitious infrastructure projects that could reshape Zimbabwe’s economic trajectory. The IEUG recently attended the Africa Finance Forum…

Formalizing informal sector key to Zimbabwe’s economic recovery

Michael Tome ANALYSTS say authorities must develop strategies to attain improved economic growth rates, moving away from the current minimal growth levels that have been experienced in recent years. Economic…

The best and worst places for expats to live right now

After a turbulent year, with headlines dominated by divisive politics, war and trepidation over the future, is it time to make that move you’ve always dreamed about? If so, the…

Twin evils: counterfeits, smuggling hindering Zim’s economic growth

Business Writer Zimbabwe’s economic recovery is being hampered by the twin evils of counterfeit products and rampant smuggling, according to Government officials and industry leaders. Permanent Secretary in the Ministry…

High cost of compliance, informalisation eroding companies’ profits: Mthuli promises to act

Nelson Gahadza Zimbabwe’s high cost of compliance is eroding companies’ profits and incentivising informalisation, hence, the Government should do more to reverse the scenario, business leaders and experts have said.…

Gold production on track despite explosives shortage

Oliver Kazunga Business Writer ZIMBABWE is on track to achieve this year’s gold production target of 35 tonnes although the market was hampered last month by the shortage of explosives,…

Parly’s budget committee calls for ban on raw platinum exports

Golden Sibanda Zimbabwe’s parliamentary portfolio committee on budget and finance has recommended an outright ban on the export of raw platinum group metals (PGMs) and concentrate, citing progress in the…

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