The latest increase means prices measured in ZiG terms were, on average, 3,7% higher than in September 2025, marking a renewed acceleration after inflation had slowed to 2,9% in August. The post Zimbabwe’s ZiG and USD inflation accelerate in September 2026 appeared first on Newsday .
The net profit position was also supported by the group posting finance income of US7,3 million in there view period, recovering from a loss-making position of US1,85 million in the period ended June 30, 2025. Financial income was largely driven by improved treasury and investment management. The post Innscor profit doubles to US$102m in FY26 as margins widen appeared first on Newsday .
ZimStat said the employment index had remained relatively stable during the period under review. The post ‘Job market remains stable despite decline in employment levels’ appeared first on Newsday .
The development finance institution has structured the facility through two local banks, with CABS receiving US$30million while NMB Bank secured US$20 million. The post British investment firm returns to Zim after 13 years appeared first on Newsday .
Economic analyst Edmond Mkaratigwa said national budget consultations were critical because they provide an opportunity for citizens and other stakeholders to contribute to national development priorities. The post Parliament prepares for 2027 budget consultations appeared first on Newsday .
The facility will support productive sectors, including agriculture, food processing, clean energy and export-oriented businesses. The post CABS, British firm sign US$30 million deal to boost local business appeared first on Newsday .
Police said the suspect Lloyd Fibion, also known as "Beware" was arrested on Monday, after investigations linked him to the vehicle that had escaped from a security checkpoint but was later dumped along the highway. The post Stocktheft suspect arrested after dramatic escape at roadblock appeared first on Newsday .
Albun Fitness founder and chief executive Alois Bunjira conceives that the event is designed to combine health and wellness with tourism, networking and commercial opportunities, building on a marathon that has grown steadily since its inaugural staging in 2023. The post Honde Valley Marathon blends wellness, tourism, business and music appeared first on Newsday .
The DMTT, which went into effect this year, effectively creates a 15% minimum tax floor for qualifying multinational groups, requiring them to pay additional tax in Zimbabwe where their effective tax rate on locally generated income falls below 15%. The post Zimra moves to target international corporates over 15% minimum tax in Zimbabwe appeared first on Newsday .
SHAMVA, ZIMBABWE – Seed Co has launched a new high-yielding wheat variety capable of producing up to 10.5 tonnes per hectare, positioning the country to becoming a potential regional wheat exporter. The variety, SC W9104, was showcased on Tuesday at Seed Co’s Rattray Arnold Research Station along Shamva Road. The event was officiated by Lands, […] The post Seed Co unveils new white wheat variety as Zimbabwe eyes regional export market appeared first on Newsday .
DELTA Corporation (Delta) dominated trading on the Zimbabwe Stock Exchange (ZSE) last week, accounting for about US$4,14 million of turnover as its share price gained 0,66%, despite the broader market edging lower. The beverages giant contributed ZiG110,55 million, or about US$4,14 million, to the ZiG122,37 million (US$4,58 million) total value traded on the ZSE during […] The post Delta dominates ZSE trading as market cap hits US$3,86bn appeared first on Newsday .
The African Export-Import Bank (Afreximbank) has signed a US$500 million global credit facility with the Africa Trading and Distribution Company (ATDC) to finance the purchase, movement and distribution of goods across African and global markets. For Zimbabwe, where ATDC has initial operations, the facility will finance the sourcing and aggregation of goods and the logistics […] The post Afreximbank backs ATDC with US$500m trade facility appeared first on Newsday .
The judgment also directed Trans Africa Oil to file and serve its notice of appeal within seven days. The post Supreme Court gives Trans Africa Oil lifeline to appeal US$1.47m fuel debt ruling appeared first on Newsday .
Speaking at the Financial Sector Sustainability Summit, Rab said foreign-currency borrowing should strengthen the economy’s capacity to service the resulting debt rather than simply add to the country’s liabilities. The post Zim risks debt spiral unless foreign loans earn dollars, banker warns appeared first on Newsday .
Chiyangwa said the party would hold a final fundraising dinner for businesspeople who had not yet contributed towards the conference. The post Zanu PF turns to business for conference funding appeared first on Newsday .
According to the police, the arrests resulted in the recovery of all 17 stolen goats. The post Three arrested, 17 goats recovered in Beatrice stock theft case appeared first on Newsday .
Speaking at the forum, UNDP Zimbabwe resident representative Ayodele Odusola said the map should not be treated as just another report. The post UNDP flags US$535 million investment pipeline for Zimbabwe appeared first on Newsday .
Chinese ambassador to Zimbabwe, Zhou Ding, said investors from his country would continue to support industrialisation and local value addition, as the two countries seek to align their development strategies. The post China pledges to deepen investment in Zimbabwe’s industrial, energy sectors appeared first on Newsday .
Mary-Jean Moyo has been appointed International Finance Corporation (IFC) division director for six African countries, including Zimbabwe The post Zimbabwean finance expert Moyo lands top IFC regional post appeared first on Newsday .
The landmark ceremony was attended by His Excellency, the President of the Republic of Zimbabwe, Cde. Dr. E. D. Mnangagwa, senior Government officials, Ecobank Group leadership, regulators, business leaders and distinguished guests. The post Ecobank Zimbabwe opens new head Ooffice in Harare, marking a milestone in sustainable banking and national development appeared first on Newsday .
For policymakers seeking to narrow persistent gender gaps in employment, the sector offers an opportunity to create more formal, globally connected jobs while widening women’s participation in industries beyond traditionally male-dominated sectors. The post Business process outsourcing opens new pathways for African women appeared first on Newsday .
He said the new headquarters was significant as it was the first Ecobank Group head office in the Southern Africa region to be constructed and owned by the pan-African banking group. The post Ecobank opens first Southern Africa-owned head office in Harare appeared first on Newsday .
China is developing this capability not for symbolic prestige, but to enable long‑term scientific work on the moon, including human landings, resource‑related research, and further human exploration beyond earth. The post The Lunar‑laser lesson: Why the Global South needs strategic investment in R&D appeared first on Newsday .
Resurfaces following promotion of presiding magistrate to judge The post Harare businessman evades trial for 3 years… appeared first on Newsday .
He urged businesses and project developers to create credible pipelines that would allow financial institutions to assess and support their investment plans. The post Zimbabwe needs bankable projects to unlock investment says Mboweni appeared first on Newsday .
According to Buy Zimbabwe, exports jumped to a record US$1,47 billion in July, while imports were about US$1,15 billion. The post Zim’s July record trade surplus raises stakes for local production appeared first on Newsday .
The latest investment strengthens the renewable energy trader and intermediary offtaker's balance sheet and risk-bearing capacity as it seeks to expand its role in enabling private investment in Africa's power sector. The post GreenCo raises firepower for Africa’s power market appeared first on Newsday .
The initiative, titled "Business Development for Young Enterprises," seeks to transform youth-led farming initiatives from subsistence projects into structured, commercially viable ventures. The post Restless Development, Oak Foundation boost youth in agribusiness appeared first on Newsday .
ZIMBABWE’S tourism sector has attracted more than US$1 billion in investments during the National Development Strategy 1 (NDS1) period, with the government reporting a sharp increase in investment and tourist arrivals in the first half of this year. Finance, Economic Development and Investment Promotion minister Mthuli Ncube said the tourism sector was increasingly becoming a […] The post Zimbabwe tourism investment pipeline tops US$1bn appeared first on Newsday .
Ndhlovu was accompanied by Zimbabwe’s ambassador to the UAE, Isaac Moyo, and ministry officials. The post Zimbabwe targets UAE investment to shift exports from minerals to manufactured goods appeared first on Newsday .
Delta Corporation Limited has celebrated 12 university graduates who benefited from its bursary programme, reaffirming its commitment to education and human capital development. The graduates, recognised at a sundowner event last Friday, are part of the company’s broader Schools Assistance Programme, which seeks to expand educational opportunities and support skills development. The Class of 2026 […] The post Delta celebrates 12 bursary graduates, backs investment in human capital appeared first on Newsday .
Zimbabwe's investment agency ZIDA has signed a cooperation agreement with InvestHK, the body that promotes foreign investment into Hong Kong. The deal is intended to push more investment between Zimbabwe and the Asian financial hub. ZIDA says the arrangement gives local businesses an institutional bridge to one of Asia's most established financial centres.
The regulator pegged the maximum price of LPG at US$1.76 per kilogramme, up from US$1.68 per kg announced on August 7. The post Zera hikes LPG price appeared first on Newsday .
POSB said it will use the event to outline financing options available to businesses involved in international trade, including a US$10 million line of credit secured from Afreximbank for qualifying small and medium-sized enterprises operating in export value chains. The post POSB unveils US$20m export finance push for Zimbabwean businesses appeared first on Newsday .
The launch marks the brand’s latest expansion into Africa as it reaches out seeks to drivers who demand vehicles that can handle both urban and challenging road conditions. The post Chinese vehicle maker Jetour officially enters Zimbabwe market appeared first on Newsday .
Zimbabwe is betting that China's zero-tariff offer can lift its farm sector and push industrialisation into the countryside. The country's National Development Strategy 2 puts export diversification and smoother trade and investment at the centre of its plan for structural transformation. Authorities also want to speed up agricultural modernisation, building new irrigation and bringing in machinery, with a push for climate-smart farming as well. Whether the tariff waiver translates into real rural growth is the open question.
Econet received three major awards at the Zimbabwe Revenue Authority Taxpayer Appreciation Day this week The post Econet gets top recognition as leading tax contributor appeared first on newsday .
As Nigeria prepares to host IATF2027, it could not be timelier. The post How Africa can accelerate intra-African trade momentum appeared first on newsday .
Ncube made the remarks on Wednesday at Zimra’s Silver Jubilee celebrations at the Harare International Conference Centre, where he challenged the revenue authority to keep pace with the country’s expanding economy. The post Mthuli sets 22% tax-to-GDP target by 2030 appeared first on newsday .
Mining and manufacturing are grabbing the biggest share of new investment money. The latest pipeline figures show these two heavy industries dominate the list of upcoming projects. Other sectors are getting a much smaller piece of the pie. That heavy focus on traditional industry could steer the economy's direction for a while.
Stanbic is funding scholarships for five students at CUT. The beneficiaries, three women and two men, are orphans or come from poor families. They get full tuition, accommodation, and meals for their entire program.