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Jan 10, 2025 | 
theindependent.co.zw | Mthandazo Nyoni |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
THE Zimbabwe Stock Exchange (ZSE) is poised for growth this year despite current challenges, with analysts predicting a steady rise in market capitalisation driven by improving liquidity. The local bourse experienced a decline of 18% in total market capitalisation in December 2024, underpinned by liquidity challenges among others. The All-Share Index dropped by 17,9%, driven by significant losses in the Top 15 Index and the Top 10 Index, according to Fincent Securities.
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Jan 10, 2025 | 
theindependent.co.zw | Shame Makoshori |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
A DISTURBING alliance of Zanu PF and Citizens Coalition for Change (CCC) legislators appears to be conspiring to undermine Zimbabwe’s constitution by proposing to defer the 2028 elections. If this audacious plan succeeds, President Emmerson Mnangagwa’s constitutionally defined term, set to end in 2028, would be extended to 2030, along with parliamentary tenures. This move reeks of self-interest, as legislators stand to benefit financially from the extended stay in Parliament.
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Jan 10, 2025 | 
theindependent.co.zw | Naison Bangure |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
AS we step into 2025, the global landscape of artificial intelligence (AI) continues to evolve, promising exciting advancements and transformative changes across various industries. Zimbabwe and other developing economies will naturally follow the trend and by the end of 2025, they will have harnessed AI technologies to drive economic growth, enhance education systems, and improve healthcare services.
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Jan 10, 2025 | 
theindependent.co.zw | Shame Makoshori |Tinashe Kairiza |Julia Ndlela |Tendai Makaripe
ZIMBABWEAN companies are struggling to absorb at least 24 000 new university graduates annually due to shrinking opportunities in an economy already reeling from 90% unemployment, according to a survey by the Zimbabwe National Chamber of Commerce (ZNCC). The ZNCC’s 2024 Annual State of Industry and Commerce Survey, citing data from the Ministry of Higher and Tertiary Education, revealed that only 20% of the 30 000 university graduates capped annually were finding formal employment.
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Jan 10, 2025 | 
theindependent.co.zw | Ashton Ndakusiya |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
NATIONAL Building Society (NBS) plans to launch a new housing project in Masvingo’s Runyararo area, targeting over 600 units, as part of efforts to alleviate Zimbabwe’s housing backlog, businessdigest can report. The new project is a joint initiative involving NBS, National Social Security Authority (Nssa), and Masvingo City Council.
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Jan 10, 2025 | 
theindependent.co.zw | Antony Jongwe |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
AS we step into 2025 with fresh opportunities and renewed vigour, I am thrilled to share my personal milestone of completing the Humanistic Leadership Academy (HLA) Development Cohort for Fall 2024. This transformative experience not only deepened my understanding of humanistic principles in business education but also reaffirmed my commitment to fostering leadership that prioritises dignity, care, and authenticity.
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Jan 10, 2025 | 
theindependent.co.zw | Constantine Chikosi |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
UNIVERSAL access to healthcare is not just a moral imperative, it is a cornerstone for social equity and economic development. For Zimbabwe, achieving this goal would enhance productivity, reduce poverty, and create a healthier, more resilient workforce to drive national progress. Yet, despite progress in some areas, Zimbabwe’s healthcare system still falls short of providing equitable and efficient services, lagging regional and global benchmarks.
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Jan 10, 2025 | 
theindependent.co.zw | Melody Chikono |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
CONTRIBUTION arrears in Zimbabwe’s pensions industry surged by 53% in the third quarter of 2024 to US$53,81 million, accounting for 2,5% of the industry’s assets. This represents a significant increase from US$35,16 million in the same period the previous year, underscoring the growing concern of unpaid contributions by fund sponsors.
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Jan 10, 2025 | 
theindependent.co.zw | Melody Chikono |Julia Ndlela |Tinashe Kairiza |Tendai Makaripe
MUKURU, a leading player in Zimbabwe’s remittance market, has achieved a significant milestone by processing US$2 billion in diaspora remittances annually, businessdigest can reveal. Building on this achievement, the next-generation financial services company is now focusing on expanding its rural network to promote greater financial inclusion, according to Doug Tait-Knight, chief executive officer at Mukuru Zimbabwe Financial Services.
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Jan 10, 2025 | 
theindependent.co.zw | Tinashe Kairiza |Julia Ndlela |Shame Makoshori |Tendai Makaripe
HARARE City Council officials met with the Ministry of Local Government and Public Works this week to raise concerns about Helcraw Electrical Projects, a company selected by the government for a major water infrastructure contract, the Zimbabwe Independent has learned. Helcraw Electrical Projects, linked to Zanu PF legislator Farai Jere, was chosen to establish a new water treatment plant and supply water meters in partnership with Chinese firm Hangzhou Laison Technology.
