Expert calls for compartmentalised system in Zim’s insurance sector

The problem that we have here in Zimbabwe is nobody has been able to go and sue an insurance company on the basis of a policy document.
By Melody Chikono May. 10, 2024
Zim govt unveils plan for  Vic Falls hospitality gems
Zim govt unveils plan for Vic Falls hospitality gems
She said the ministry was considering using the land to build holiday homes and an estate similar to the affluent Borrowdale Brooke in Harare.
By Tatira Zwinoira May. 10, 2024
IPP transforms Guruve community
It also comes when most licenced IPPs are failing to operate due to a number of reasons including foreign currency shortages and funding challenges.
By Staff Writer May. 10, 2024
Zeco auditors sound alarm bells over debt
Zeco remained in the red after posting a loss of ZW$848,93 million (US$139 062,06) for the year ended December 31, 2023.
By Melody Chikono May. 10, 2024
ZSE closes April in the red
The ZSE slumped at month’s end as the market cap fell by -3,05%, compared to pre-ZiG era, on the VFEX ,the bourse gained 1% in market cap,” the report reads in part.
By Mthandazo Nyoni May. 10, 2024
Zim lines up big VFEX plan
The summit was hosted by the South African diaspora in partnership with the Ministry of Finance, Economic Development and Investment Promotion, and other partners.
By Tatira Zwinoira May. 10, 2024
Evolve ICT Summit hailed as a great success
In addition to the insightful sessions, the Evolve ICT Summit provided a platform for tech companies to unveil their latest innovations through product demonstrations and exhibitions. 
By Donald Nyandoro May. 7, 2024
Unpacking hidden value of talent management in supply chain (I)
Instead of treating it as a one-time event, talent management should be regarded as a continuous business process.
By Charles Nyika May. 3, 2024
Cottco seeks US$45m Afreximbank war chest
The sector recorded a 61% increase in production to 90 085 metric tonnes (MT) in the 2022/23 agricultural season.
By Mthandazo Nyoni May. 3, 2024
Prospect steps forward after ‘robust’ results at Step Aside
Hosack also gave an update of Prospect’s Namibian and Zambian projects, where he said exploration was progressing.
By Shame Makoshori May. 3, 2024
Women miners seek title collateral loan use
This comes as gold remains the most valuable and exported mineral in the country.
By Blessed Ndlovu May. 3, 2024
Exporters make headway in foreign markets
Credit insurance helps businesses mitigate the risks associated with customers or debtors in Zimbabwe or outside failing to pay their debts.
By Melody Chikono May. 3, 2024
CBZ-ZB merger is a rumour: Vingirai
This was supposed to have been completed by December 31, 2021 but it is still hanging.
By Melody Chikono May. 3, 2024
The silent invaders: Termites’ impact on Harare properties
Termites feed on wood and cellulose-based materials, such as timber, paper, and plant debris, which are commonly found in buildings and structures.
By Gloria Ndoro-mkombachoto Apr. 26, 2024
FCB lifts profit 26% after income rise
In a statement accompanying the financial statement for the review period, FCB chief executive officer Tapera Mushoriwa said income was buoyed by increased lending.
By Business Reporter Apr. 26, 2024
Inflationary pressures threaten mobile operators’ profits in Zim
The Potraz boss said telecoms capital expenditure totalled ZW$314,8 billion (US$51,6 million) in 2023, from ZW$28,3 billion (US$41,35 million) recorded in 2022.
By Blessed Ndlovu Apr. 26, 2024
Nissan declares Zim a major market
Locally, the Nissan Navara single and double cabs are the most preferred brands for government, parastatals and companies.
By Tatira Zwinoira Apr. 26, 2024
Zim hopes to win back lost correspondent banks
Bankers Association of Zimbabwe president Lawrence Nyazema is on record stating that Zimbabwe had correspondent banking relationships on different currencies.
By Melody Chikono Apr. 26, 2024
Minister Matevera lauds Econet’s stand at the ZITF
Visitors in need of any of Econet’s products and services are able to purchase them, with the support of friendly customer service representatives.
By Donald Nyandoro Apr. 25, 2024
ICT minister lauds Econet’s stand at the ZITF
Visitors in need of any of Econet’s products and services are able to purchase them, with the support of friendly customer service representatives.
By Donald Nyandoro Apr. 25, 2024
Lenders, investors face huge losses
The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
By Mthandazo Nyoni Apr. 19, 2024
Cottco sets aside US$3,5m for new projects
The oil expression plant, to be set in Gokwe, will be producing 60 metric tonnes per day and approximately 450 metric tonnes weekly.
By Blessed Ndlovu Apr. 19, 2024
Nissan dealership targets to grow sales by 15%
This is why most locals are opting to buy second hand vehicles, which are more affordable as credit terms are very scarce.
By Tatira Zwinoira Apr. 19, 2024
Mineral exports further deteriorate
The government has set a new US$40 billion by 2030 target for the mining sector. This came as the industry recorded US$20,5 billion in exports over the past five years.
By Melody Chikono Apr. 19, 2024
Telecoms note sharp investment decline
The debentures had been issued to finance Econet's expansion more than six years ago. The debt originally amounted to US$130 million.
By Melody Chikono Apr. 19, 2024
Review of the 2024 Monetary Policy Statement
For instance, the annual inflation rate rose from 34,8% in January 2024 to 47,6% in February and 55,3% in March 2024.
By Prosper Chitambara Apr. 12, 2024
2024 monetary policy: Review and analysis
In early February 2019, all the RTGS balances comprising bond notes and coins, mobile money, and bank balances were recalibrated into an RTGS dollar.
By Zvikomborero Sibanda Apr. 12, 2024
MPS, outlook conference resolutions
There is need for more policy measures earmarked at promoting savings and investments in the broader Zimbabwean economy.
By Batanai Matsika Apr. 12, 2024