Treasury sets unapproved contracting limit at US$2m
The Government has directed that no ministries, departments, and agencies (MDAs) shall contract beyond US$2 million without the Treasury’s written…
Category: Finance
Financial news, markets, and analysis
Prof Ncube projects single-digit inflation early next year
Zimbabwe’s annual local currency inflation is projected to hit single-digit figures by the first quarter of 2026, a milestone not…
Government launches skills audit at HCC
GOVERNMENT has begun a comprehensive skills audit at the Harare City Council (HCC), a major step aimed at closing long-standing…
No going back on US dollar phase-out: RBZ
AUTHORITIES are going ahead with plans to de-dollarise the economy, with the Reserve Bank of Zimbabwe (RBZ) yesterday indicating that…
RemitHope raises US$110k for community organisations
RemitHope, a social fintech enterprise committed to strengthening grassroots initiatives, has surpassed its ‘100for10’ Campaign target by raising more than…
Integrity pledges to strengthen Zimra’s anti-corruption efforts
A corporate integrity pledge is an institution’s public declaration and commitment to upholding values of integrity, transparency and accountability.The Zimbabwe…
Treasury intensifies anti-smuggling blitz
Treasury has directed the Zimbabwe Revenue Authority to automatically forfeit all smuggled goods to the State with “no option to…
Cross-border insurance efforts stalled by fragmented regulations
EFFORTS to build an integrated cross-border insurance market in Africa remain stalled as fragmented regulation, weak infrastructure and limited industry…
RBZ’s financial unit boosts currency stability
IN a concerted effort to safeguard Zimbabwe’s financial stability and maintain its international standing, the Reserve Bank of Zimbabwe’s Financial…
Micro-insurers target unexplored segments
Micro-insurance providers across emerging markets, including Zimbabwe, are increasingly focusing on product customisation, distribution partnerships and climate-related risks to tap…