Backs Constitutional Amendment No. 3: A Pillar for Stability and Growth

The Confederation of Zimbabwe Retailers (CZR) has thrown its full weight behind the Constitutional Amendment No. 3 Bill, declaring it essential for robust governance and enhanced state efficiency.

This powerful endorsement from the retail sector shows the amendment’s perceived role in securing national progress, investor confidence and sustained economic growth.

CZR President Cde. Denford Mutashu said the retailers’ stance, emphasising that “Peace, security and stability are the bedrock of National progress.” He indicated these as crucial for investor confidence, asset protection and policy continuity, all vital for achieving Vision 2030 under the National Development Strategy (NDS1 and NDS2).

The CZR’s support is firmly rooted in the tangible economic gains witnessed under the Second Republic.

Dr Mutashu cited a projected GDP surge from USD 20 billion in 2017 to USD 52 billion by 2025, inflation stabilized at 4.1 percent and restored fuel and energy stability.

Record outputs in gold, tobacco and wheat, alongside widespread infrastructure development and renewed investor confidence, were presented as clear evidence of progress.

In a bold move, the CZR explicitly endorsed extending President Mnangagwa’s term to 2030.

Dr Mutashu argued that “development requires leadership continuity to complete transformative projects and consolidate national gains,” asserting that current stability must not be jeopardised by “perpetual election cycles.”

“As retailers operating in every community, we witness daily the benefits of a stable environment.”

The CZR stands resolutely behind this constitutional reform, viewing it as a critical safeguard for stability and a catalyst for Zimbabwe’s accelerated journey towards an upper-middle-income economy by 2030.

This strong backing from a key economic player signals significant business community alignment with the amendment, positioning it as indispensable for economic continuity and national development.

Dr. Mutashu said the CZR’s rationale for endorsing the Amendment Bill, “Peace, security, and stability are the bedrock of National progress. These pillars guarantee investor confidence, protect productive assets, and ensure policy continuity-essential elements for sustainable economic growth under NDS1 and NDS2 as we advance toward Vision 2030.

“Commerce flourishes where peace prevails. The stability we enjoy today must not be disrupted by perpetual election cycles.

“We therefore support extending His Excellency President Mnangagwa’s term to 2030, as development requires leadership continuity to complete transformative projects and consolidate national gains.

“The Second Republic is delivering measurable progress. As retailers operating in every community, we witness daily the benefits of a stable environment.

“We stand firmly behind this constitutional reform process that safeguards stability and accelerates our journey toward an upper-middle-income economy by 2030,” said Dr Mutashu.

Econet Wireless Zimbabwe has appointed its former Chief Operating Officer, Fayaz King, as the Chief Executive Officer of its newly established infrastructure subsidiary, Econet InfraCo.

King is making a return to the telecommunications giant after departing in 2019 to serve as Assistant Secretary-General at the United Nations Children’s Fund (UNICEF). He is set to assume his new role on 1 March 2026.

Econet InfraCo is expected to list on the Victoria Falls Stock Exchange (VFEX) toward the end of March, subject to shareholder approval of Econet’s proposed delisting from the Zimbabwe Stock Exchange and transition to an over-the-counter trading platform overseen by the VFEX.

LONDON — International fintech executive Tinashe Muhove is playing an important role in expanding financial access, supporting small businesses, and helping young people enter the global fintech industry.

Muhove has worked in senior positions at well-known fintech companies such as Mukuru, Mama Money, and MoneyGram. In these roles, he focused on growing businesses and expanding into new markets, especially in cross-border payments and money transfer services.

Much of his work has targeted emerging and underbanked communities, helping improve access to financial services in Africa, Europe, and other regions.

Industry experts say his experience dealing with different regulations and business environments has given him a strong understanding of both business growth and financial inclusion.

Muhove is currently the Co-Founder and Chief Executive Officer of UJU, a UK-based technology company that supports small and medium-sized enterprises (SMEs). The platform helps high-street businesses keep customers and improve long-term profits at a time when competition and digital change are increasing.

UJU provides tools that help businesses encourage repeat customers and maintain steady income. This is important as many small businesses face rising costs and changing customer habits. The company’s work supports wider efforts in the UK to strengthen local economies and protect jobs.

Alongside his business work, Muhove is also involved in education and skills development. He founded Fin4NextGen, a four-week global programme that introduces young people to the fintech industry.

The programme teaches basic fintech ideas, career options, and real-life examples. It mainly targets young people who may not normally have access to the fintech sector. This supports industry efforts to improve skills and increase diversity in fintech.

Muhove is also sharing his ideas through writing. He is currently working on a book about the challenges of building fintech startups. The book follows two young entrepreneurs in the same industry but with very different goals, and looks at ambition, ethics, and purpose.

At the centre of the book is a key question he believes founders must ask themselves:

“Why am I building what I am building?”

Analysts say this focus on purpose reflects a wider shift in fintech, as companies are now expected to consider social impact as well as profit.

With experience in global fintech companies, SME technology, youth education, and thought leadership, Muhove is increasingly seen as someone helping shape the future of the UK and global fintech industry.