Reserved business sectors law Zimbabwe has introduced a new reserved business sectors law that blocks foreign nationals from operating in several everyday service industries. The policy has triggered concern, debate and confusion across the business community because it reshapes who can own and manage certain enterprises that have, for years, included a mix of local...
Terence Maphosa: Building an Oasis and Driving Rural Success in Zimbabwe When Terence Maphosa returned to his village after university he faced the same choice many African youth face: leave for the city or stay and survive. He chose a third path. He built. From a small flock of chickens to a thriving restaurant and...
A recent teen theft court case in Bulawayo, Zimbabwe offers a clear business lesson on household risk and youth behaviour. A 13-year-old boy admitted stealing US$1,500 and R1,500 from savings that his family had set aside to buy a residential stand. He pleaded guilty at Tredgold Magistrates’ Courts and was remanded to the Percy Ibbotson...
Zimbabwe’s low buying power and volatile prices change the rules of marketing. You cannot rely on broad reach alone. You must target the right people, deliver clear value, and convert interest into quick sales. The good news is that many cost-effective tactics work well if they are planned and executed with discipline. Start with clarityKnow...
Illegal Mining Damage repair Prevail International has launched a Presidential River Rehabilitation Programme aimed at restoring river systems that have been heavily damaged by years of illegal mining. The initiative also seeks to create jobs for local communities and relocate riverbed dwellers into safe housing. Led by Presidential Investment Advisor Dr Paul Tungwarara, the programme...
In Zimbabwe, South Africa, Zambia, and Mozambique, many job seekers are being lured into fake recruitment schemes. These scams promise employment in health or public services. In reality, victims lose hard‑earned money and get nothing in return. This growing wave of exploitation highlights how unscrupulous actors target the vulnerable when they are most hopeful. Fake...
The Mutapa Fund is stepping up its role in Zimbabwe’s mining sector as it seeks US$250 million to expand gold production across key operations. The fund plans to allocate US$150 million to Shamva Gold Mine and US$100 million to Jena Mines. This capital will be raised mainly through debt facilities negotiated with financial institutions. The...
Zimbabwe’s dollar-only stock market is gaining rapid momentum. Market analysts now say the Victoria Falls Stock Exchange could surpass the century-old Harare main market within two years. This shift reflects deeper changes in investor behaviour, currency dynamics and sector composition. VFEX opened in 2020 to provide a dollar-denominated trading platform. The aim was to attract...
The festive season is usually a time for joy, family gatherings and shared meals. This year, however, the rising cost of a basic food basket will determine how millions of households celebrate. Across Zimbabwe, South Africa, Zambia, Mozambique and Botswana, families are dealing with higher prices, strained incomes and uncertain economic conditions. Inflation, currency weaknesses,...
TelOne is accelerating the modernisation of Zimbabwe’s communication sector through the expansion of its Voice over Internet Protocol service. The VoIP platform is becoming a central part of how businesses, households and public institutions communicate. It replaces old fixed telephone lines with digital calling that uses internet connectivity. As more companies adopt digital tools, TelOne...