‘Govt must keep tight lid on fiscal spending for stability’

Business Writer Zimbabwe should maintain a tight grip on fiscal discipline to ensure macroeconomic stability going forward, amid a projected strong economic rebound next year after a difficult 2024 that…

We need to roof houses with solar panels

Last Word Zimbabwe, as everyone on the national grid is well aware, does not generate enough electricity to meet demand for all consumers 24/7 with heavy load shedding in most…

Shadow banking emerging in Zim

Tapiwanashe Mangwiro As the formal banking system grapples with high interest rates, tight credit conditions and limited lending capabilities, an alternative financial system informally referred to as “shadow banking” has…

Zim’s investment values plumate 66pc, ZIDA

Oliver Kazunga Zimbabwe’s projected value of investments slumped 66 percent to US$1,171 billion in the third quarter this year from US$3,408 billion prior year comparative, according to official data, with…

Role of accountants in fight against money laundering

Retired Major Silibaziso Zhou In a world where financial crimes threaten the very foundation of economic stability, accountants emerge as vital defenders in the battle against money laundering. In Zimbabwe,…

Progress in arrears’ clearance dialogue impresses locally

Nelson Gahadza Government is encouraged by progress and milestones achieved so far on reforms under the arrear’s clearance and debt resolution process, but experts believe the country may have missed…

Devaluation fails to halt ZiG freefall, sheds another 11pc

Business Writer Zimbabwe’s new local currency, the Zimbabwe Gold (ZiG), has tumbled another 11 percent in less than a month after officials announced a 43 percent “devaluation.” Despite claims by…

Hyundai Exter: Welcome addition to a cluttered segment

Hyundai has thrown the cat among the pigeons in the extremely competitive compact SUV market with the launch of the Exter. It comes faces off with the Suzuki Ignis, Renault…

Surcharge on edible crude oil imports targeted

Business Writer A new Government policy document, the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), proposes imposing a surcharge on imported edible crude oil used for cooking oil production to…

Football beyond borders: Zimbabwe’s EPL obsession and the future of our local game

Timothy Pemba I was at a local beerhall this past Sunday, watching my beloved Chelsea take on Liverpool. The room was buzzing with excitement, the kind that defines any major…

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