Business & Economy

  • Revamp of energy sector on books

    Refurbished roads, e-passports in 7 days, increased manufacturing and mining activities has left households in the dark. Zimbabwe’s road to economic recovery has had unprecedented side effects with power-cuts making the top of the list.  This has been one of the ills that have plagued the nation for years and 2022 was no better. Power-cuts for up to 19 hours…

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  • RBZ Collateral Registry’s potential to transform borrowing and lending.

    The Reserve Bank of Zimbabwe has a feature which might not be known by some people, the collateral registry, which is a publicly available registry of movable assets tendered to secure loans. It can provide financial inclusion of those who qualify to be part of this registry. It aims to refine the access to finance for those in need of…

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  • ZimTrade hosts EXCON

    ZimTrade is hosting its flagship event, the annual Exporters’ Conference, today and tomorrow at the Meikles hotel in Harare. Notably, sectors represented are horticulture, FMCG, processed foods, beauty products, alcoholic and non-alcoholic beverages to mention a few. Additionally, expected buyers present will be from Ghana, Malawi, Zambia and Mozambique. This brings together policy makers, industry leaders and regulators to explore…

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  • Zim’s role to play in intra-Africa trade 

    Image obtained from africaguide.com

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  • Infamous 2% tax, Or a necessity?

    Talk of tax is like talking about a distant relative who you are supposed to know but make no effort to reach out to. With tax, there is knowledge of its existence and in most cases that is as far as it goes. The government of Zimbabwe through the Ministry of Finance and Economic Development introduced the 2 cents per dollar…

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  • Post 2018 monetary and fiscal policies, did they work?

    The Transitional Stabilisation Program, popularly known as the TSP, was an economic strategy introduced by the Government of Zimbabwe. It ran from 2018-2020 with the aim of bringing economic stability in the nation.  Although the economic growth projections of the TSP did not reach their expected potential, due to unforeseen circumstances such as Cyclone Idai and COVID-19, it laid the…

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  • *WHY ZIMBABWEANS SHOULD EMBRACE THE LOCAL CURRENCY* 

    By Staff Reporter The 2008 hyper-inflation is an experience that should never be repeated. Chaos prevailed and life was unbearable, the government was forced to introduce notes as high as one trillion and Zimbabwe became a case study for people around the world. For Zimbabweans, it was a traumatic experience, one that we never want to go through again. The…

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  • HUBS: THE INCUBATORS OF INNOVATION 

    Zimbabwe is blessed with youths that are educated, innovative and have great potential, but more collaborations are needed to bring out their best. Most successful young entrepreneurs who rise in developed nations do not do so alone, they share ideas and partner in various projects. With Zimbabwe’s over 90% literacy rate, and an emerging crop of entrepreneurs, innovation hubs across…

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  • MUREZA: ZIMBABWE’S FIRST LOCALLY MANUFACTURED CAR

    By Staff Reporter As Zimbabweans across the country continue to use their knowledge, skills and expertise in innovative ways, a young Zimbabwean car manufacturer has released the country’s first locally manufactured vehicle. Tatenda Mungofa, the CEO of Mureza Auto Co, says his vision is to become the leading car manufacturer in Africa. Mungofa released the first batch of 100 units…

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  • AGRIBANK EXTENDS LOANS TO FARMERS

    By Staff Reporter The Agriculture Finance Corporation AFC commonly known as “Agribank”  is a commercial bank that was licensed by the Reserve Bank of Zimbabwe and began operating in 1999. Although it has remained a commercial bank, it has a thrust for Agricultural development with particular emphasis on extending loans to farmers. Since Zimbabwe is an Agro-based economy, the part that…

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