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1 month ago | 
theindependent.co.zw | Lee Musaidzi |Tinashe Kairiza |Gamuchirai Nyamuziwa |Tafadzwa Mhlanga
THE Zimbabwe Investment and Development Agency (Zida) is responsible for facilitating and promoting investment in Zimbabwe under the Office of the President, governed by the Zida Act (Chapter 14.38). The agency’s mandate is to promote and facilitate valuable investments that drive economic growth, unlock opportunities, and create employment. There are three main categories of investments, namely, general investment, public-private partnerships (PPP), and special economic zones.
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1 month ago | 
theindependent.co.zw | Lee Musaidzi |Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa
THE National Prosecuting Authority (NPA) has reported a significant rise in corporate executives embroiled in illicit activities, with the private sector suffering an estimated annual loss of US$250 million. This translates to nearly US$21 million in monthly losses, highlighting the growing threat of financial crime within Zimbabwean businesses. NPA chief public prosecutor Clemence Chimbari told businessdigest that company litigations were increasingly revealing the extent of executive misconduct.
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1 month ago | 
theindependent.co.zw | Lee Musaidzi |Freeman Makopa |Mthandazo Nyoni |Tafadzwa Mhlanga
AXCENTIUM Zimbabwe, formerly Deloitte Zimbabwe, has vowed to stay ahead of the curve, embracing agility and adaptability as it navigates the ever-changing demands of the modern world. In February 2024, Deloitte Zimbabwe exited Deloitte Africa, a network of professional services firms across the continent.
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2 months ago | 
thestandard.co.zw | Munyaradzi Madzokere |Miriam Mangwaya |Tafadzwa Mhlanga |Lee Musaidzi
One of the country’s top golf prospects Keegan Shutt’s late charge was not enough to hand the second edition of the Africa Amateur Championship after he finished second, two shots behind the champions from South African Bryan Newman at Leopard Creek, Mpumalanga yesterday.
Shutt, who came into the tournament with the target of winning the event or at least getting a top five finish, shot a final round 69 to finish on 6 – under par for the tournament.
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2 months ago | 
southerneye.co.zw | Tatira Zwinoira |Lee Musaidzi |Rex Mphisa |Mpumelelo Moyo
Business THE International Monetary Fund (IMF) has reported that Zimbabwe’s annual inflation rate reached 635,31% last year, the highest in the world amid growing ZiG volatility.
Zimbabwe led all the nations, followed by Argentina with an annual inflation rate of 229,8%, Sudan (200,1%), South Sudan (120,6%), and Turkiye (60,9%) rounding up the top five globally.
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2 months ago | 
southerneye.co.zw | Lee Musaidzi |Bongile Moyo |Tafadzwa Mhlanga |Nizbert Moyo
AXCENTIUM Zimbabwe managing partner Charity Mtwazi says the professional service firm has embraced change following its rebranding from Deloitte Zimbabwe.
The firm recently rebranded after it announced its exit from the multinational network, Deloitte.
The exit was part of a management buyout first announced in February 2024.
Fellow professional services firm, PricewaterhouseCoopers International Limited, also announced its exit from the local market, which was completed this month.
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Jan 19, 2025 | 
thestandard.co.zw | Kenneth Nyangani |Miriam Mangwaya |Tafadzwa Mhlanga |Lee Musaidzi
THE National Schools Excellence Awards have received more than 160 nominations for several awards that would be dished out of six categories during the inaugural awards ceremony to be held in March.
The awards, the first of its kind in the country, are meant to celebrate outstanding achievements in the country's education sector.
A call for nominations has been made and the organisers, National Excellence Enterprise, have confirmed receiving overwhelming responses.
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Jan 19, 2025 | 
thestandard.co.zw | Kenneth Nyangani |Miriam Mangwaya |Tafadzwa Mhlanga |Lee Musaidzi
THE current Road to SA Golf Challenge events promoted by Bard Santner, a fast-growing Zimbabwean financial services institution, offer a unique combination of networking opportunities, brand visibility, client entertainment, community engagement and social capital, making them an attractive option for corporates to achieve key business objectives, a local company executive behind the initiative says.
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Jan 16, 2025 | 
newsday.co.zw | Lee Musaidzi
EQUITY Bank Uganda, a subsidiary of Equity Group Holdings Plc, has officially announced the appointment of Zimbabwean, Gift Shoko, as its new managing director, pending regulatory approval.
This announcement follows the resignation of Anthony Kituuka from the position.
In a statement of the appointment, Equity Bank Uganda board chairman Mark Ocitti expressed excitement about Shoko’s appointment.
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Jan 12, 2025 | 
thestandard.co.zw | Evans Mathanda |Miriam Mangwaya |Tafadzwa Mhlanga |Lee Musaidzi
DATA analysis has unearthed an impressive increase of access to Information and Communication Technology (ICT) and its usage by businesses in Zimbabwe from 2023 to 2024, a survey obtained exclusively by The Standard has revealed. According to the survey that was done by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) in partnership with the Zimbabwe National Statistics Agency (Zimstats), overall, 94.2% of the institutions used the internet.
