The Financial Gazette

Follow the Financial Gazette WhatsApp channel on: shorturl.at/2thdL --- ALTHOUGH the tight liquidity position for both the ZiG and the US dollar remain a concern, experts are cautiously optimistic about the country’s economic prospects for the rest of…

CALEDONIA Mining Corporation has revised upwards the gold production guidance for its primary asset, Blanket mine, to 75 500-79 500 ounces this year after surpassing half year expectations. In its latest production update, the group said gold output for the first half of 2025 was…

INCREASED foreign investor appetite for Zimbabwe’s stocks helped lift market turnover on the Southern African nation’s main bourse in the second quarter of 2025, according to its quarterly newsletter, but overall market value still fell.>tinyurl.com/3p9vk9ze

A LEADING Indian sports media platform, CricXtasy has tipped Sikandar Raza and Blessing Muzarabani for inclusion in the Indian Premier League 2026 auction. Zimbabwe Chevrons lost by eight wickets to eventual champions New Zealand before losing by seven wickets to South Africa in…

Join The Daily News and the Ministry of Finance, Economic Development and Investment Promotion for the Post Mid-Term Budget Review Breakfast Forum

FIDELITY Life Assurance has reported significant growth in Gross Written Premiums for the year ending 31 December 2024, thanks to its investment product, Vaka Yako.>tinyurl.com/4v4mfw6p

THE Zimbabwe National Road Authority has announced a comprehensive capacity-building initiative aimed at enhancing the efficiency of road management by local road authorities.>shorturl.at/1qMmm

THE government has unveiled a phased roadmap for energy expansion, focusing on priority projects for the next five years and additional initiatives over the coming decade. By 2035, Zimbabwe aims to establish a £12,7 billion ($16 billion) renewable energy…

ZIMRE Holdings says it wants to take advantage of the African Continental Free Trade Area to expand into the region and bolster performance in key subsidiaries.>tinyurl.com/mrzkav8vv

TN CyberTech Bank, formerly Steward Bank, says it will expand its digitalisation strategy across all customer-facing platforms as it prepares to transition into a fully-fledged neobank. A neobank is a digital-first financial company that offers banking services like checking…

THE central bank should commit to saving “at least a billion a year” to achieve six months of import cover by 2030, and ensure the ZiG’s long-term viability, CBZ Holdings chief executive, Lawrence Nyazema, has said.>tinyurl.com/ab3yfncd

OK Zimbabwe will go ahead with the proposed recapitalisation plan to raise approximately US$30 million through a rights offer and sale of properties following approval from shareholders at an extraordinary meeting held last week.>tinyurl.com/5xb8s3cm

ZESA has appointed Albert Joel Nduna, the board’s vice chairman, as the interim board chairman following the passing on of executive chairman Sydney Gata. This comes as Zesa is being rebundled by Mutapa Investment Fund under a process that will result in the abolishment of…

THE Industrial Development Corporation of Zimbabwe (IDCZ) should be capacitated by the government to finance transformative projects, Special Advisor to the President, Joram Gumbo has said.>tinyurl.com/yry5t9mp

ZIMBABWE’S Trade Development and Promotion Organisation (Zimtrade) says it is expanding trading opportunities in the Democratic Republic of Congo (DRC), after securing confirmed orders worth US$5,77 million and negotiating potential deals exceeding US$18 million during a DRC…

THE Zimbabwe Agricultural Society has reported a significant surge in exhibition participation for this year’s agricultural show, largely attributed to the growing demand for business-to-business interactions within the country.>tinyurl.com/2rujk3ds

Mid- Term - National Budget Business Breakfast Forum: --- 2025 Mid-Term Budget Review - Discussion Forum.

EDGARS Stores has lined up an additional US$800 000 for its manufacturing unit, Carousel, earmarked for factory maintenance and further expansion of production capacity.>tinyurl.com/2335drw

ECONET Wireless Zimbabwe says Artificial Intelligence (AI) based applications, supported by network upgrades have become central to its operations, enabling a deeper understanding of customer needs.>tinyurl.com/2pwz9ut8

MEIKLES Limited is strategically focusing on growing its retail store operations in a number of thriving small mining towns across the country, leveraging the sustained economic boom driven by strong mineral prices.>tinyurl.com/uavw8hxk

THE Zimbabwe Stock Exchange has largely been subdued during the first half of the year due to persistent ZiG liquidity challenges affecting trading activity and investor sentiment.>tinyurl.com/275hf89x