Business

Takudzwa Dhambu PARLIAMENT has implored the government to increase duty on all imported gas cylinders in order to protect local manufacturers. In a report presented at a pre-budget seminar last week, the parliamentary portfolio committee on industry said local gas cylinder manufacturers faced unfair competition from foreign companies. “Local companies pay duty for raw materials…

NEW government reforms aimed at lowering business costs and sta­bilising the economy are set to be rolled out this week,. Speaking to the Daily News on the sidelines of a recent pre-budget seminar in Bulawayo, Finance minister Mthuli Ncube said the govern­ment was ready to turn its promises into action. “To make sure our plans…

ZIMBABWE’S construction sector fully backs the government’s push for smart infrastructure and modern building bylaws. Zimbabwe Building Contractors Association (ZBCA) president Tinashe Manzungu at the weekend said the sector fully embraces the government’s push towards smart infrastructure. This comes as the National Development Strategy 1 (NDS 1) has made construction a key priority under the…

THE International Monetary Fund (IMF) has called for strict fiscal discipline in Zimbabwe’s upcoming 2026 budget, warning that enhanced revenue management is critical to sustaining macroeconomic stability and reducing financial risks. In a statement after concluding its visit to Zimbabwe this week, the Bretton Woods institution said expenditure management must be significantly strengthened. “Discussions in…

AS ZIMBABWE prepares for the 11th Annual Chartered Institute of Procurement & Supply (CIPS) Conference in Bulawayo this November, the spot­light is once again on the critical role of professionalisation in procurement, a transformation being championed through CIPS membership across the country and the region. In an era of heightened account­ability and fiscal prudence, profes­sionalising…

THE government says it is stepping up efforts to revive the Cold Storage Company (CSC) to restore Zimbabwe’s meat industry and ensure farmers get fair value for their livestock. Speaking during the ongoing 2026 National Budget seminar, the minister of Agriculture, Anx­ious Masuka, said the collapse of CSC had nega­tively affected farmers across the country,…

ZIMBABWEAN fintech company, EazzyPay, has launched a digital payment platform designed to simplify and unify the way individuals and businesses manage their financial transactions. The new innovation, dubbed “Payments Made Easy,” aims to enhance financial inclusion, reduce transactional inefficiencies, and meet the growing demand for seamless digital services across the country. Speaking during the launch…

AUTHORITIES are keen to increase local youth’s participation in the digital economy and are working with private organisations to ensure they receive more training in oper­ating businesses. Speaking after the Institute of Social De­velopment Practices (ISDP) made a courtesy call at her office yesterday, ICT minister Tatenda Mavetera said the government rec­ognises the importance of…

AGRICULTURE minister Anxious Masuka says Zimba­bwe is targeting a US$7 billion tobacco industry by 2030 after achieving a record output of 355 million kilogrammes last season. He made the remarks while addressing members of the T5 countries (Tanzania, Zambia, Malawi, Mozambique, and Zim­babwe) ahead of the COP11 and the World Health Organisation Framework Convention on…