The Value Connect Lounge represents a strategic shift towards structured investment facilitation.
Business
By Business Reporter
4h ago
Tongaat Hulett Limited has secured a post-commencement funding lifeline from the Industrial Development Corporation (IDC)
Business
By Tatira Zwinoira
4h ago
However, in a statement, CBZ said the settlement will now be processed through phased receipts from the RBZ and Treasury.
Business
By Business Reporter
4h ago
In February, the government halted the export of lithium concentrates and other raw minerals, including consignments already in transit
Business
By Tatira Zwinoira
Apr. 20, 2026
ARISTON Holdings chief executive officer Leon Nortier is exiting the agricultural group amid an ongoing board and executive overhaul as the firm steps up efforts to return to profitability.
The transaction reflects a deliberate balance sheet strategy focused on lowering gearing, mitigating refinancing risk and preserving liquidity flexibility amid ongoing expansion.
Business
By Boitumelo Makhurane
Apr. 19, 2026
Analysts say broader AI adoption could boost productivity, unlock new business models and create jobs, particularly for Zimbabwe’s young, tech-literate population.
Business
By Boitumelo Makhurane
Apr. 19, 2026
“This illustrates a structural shift in which retail operations are increasingly complemented by financial services that now act as a significant profit driver,” CZR said.
Business
By Boitumelo Makhurane
Apr. 17, 2026
Drone Solutions is a Zimbabwe-based company with a dealership to supply the most advanced drones in Zimbabwe, including the latest DJI T40.
Business
By Silas Nkala
Apr. 17, 2026
Originally established under the name Supaswift, Cheetah provides courier services, including pick-up and delivery, on behalf of FedEx Express customers across Zimbabwe.
Business
By RUTH MASEKO
Apr. 17, 2026
Mafume warned that failure to clear the arrears would derail the city’s plans to deliver sustainable services and rehabilitate infrastructure under its 2026 budget.
Business
By Blessed Ndlovu
Apr. 16, 2026
Mutapa had recorded a surplus after tax of US$3,58 million in the 15 months ended December 31, 2024.
Business
By Tatira Zwinoira
Apr. 16, 2026
Zimbabwe is currently under a 10-month IMF Staff-Monitored Programme, which runs until December.
Business
By Tatira Zwinoira
Apr. 15, 2026
By clearing the open-pit area and advancing key infrastructure works, the group is reducing execution and operational risks while ensuring the project remains on schedule.
Business
By Business Reporter
Apr. 15, 2026
Tobacco manufacturer British American Tobacco Zimbabwe (BATZ) has secured financial support from its shareholder as profits surged
Business
By Tatira Zwinoira
Apr. 15, 2026
Elombi added that ACTIF2026 would identify priority projects and programmes and focus on effective implementation to accelerate shared economic development.
Business
By Business Reporter
Apr. 14, 2026
NMBZ Holdings Limited will seek shareholder approval for a share buyback programme of up to 10% of its issued shares through a special resolution at its 31st annual general meeting
Business
By Tatira Zwinoira
Apr. 14, 2026
Tongaat Hulett Limited is seeking an extension of its critical post-commencement funding (PCF) facility from the Industrial Development Corporation (IDC)
Business
By Tatira Zwinoira
Apr. 14, 2026
THE Zimbabwe Coalition on Debt and Development (Zimcodd) has commended the government’s new lithium framework aimed at retaining more value from the mineral,
Business
By Business Reporter
Apr. 13, 2026
Cassava’s Liquid C2 partners with Google Cloud to launch Africa’s first AI hub
Business
By Valentine Maya
Apr. 11, 2026
Speaking on the expansion plans, WestProp’s chief executive officer Ken Sharpe said the company will identify target countries “probably next year.”
Business
By Business Reporter
Apr. 10, 2026
In January, TAGS announced its first tender of 2026, featuring more than 500 000 carats of original Zimbabwean rough diamond production.
Business
By Business Reporter
Apr. 10, 2026
The developer’s investment property portfolio stood at US$157,77 million as of 2025.
Business
By Business Reporter
Apr. 9, 2026
According to the Zimbabwe National Statistics Agency, the monthly ZiG, US dollar and blended headline inflation increased by 0,4% from February to March.
Business
By Business Reporter
Apr. 9, 2026
Proplastics Limited is working closely with its suppliers to explore mitigation strategies amid concerns that the ongoing Middle East conflict could disrupt raw material supplies.
Business
By Tatira Zwinoira
Apr. 8, 2026
TN CyberTech Investments Holdings Limited strengthened its balance sheet over the 10-month period ended December 31, 2025, as total assets rose 45% to ZiG6,8 billion, up from ZiG4,69 billion
Business
By Tatira Zwinoira
Apr. 8, 2026
CAYMAN Islands-based miner, Namib Minerals, anticipates incurring sustaining and expanding capital expenditures of US$17 million for its flagship How Gold Mine this year.
Business
By Tatira Zwinoira
Apr. 8, 2026
Property developer WestProp Holdings Limited is set to establish a mortgage bank to support long-term housing finance and accelerate its property developments
Business
By Business Reporter
Apr. 8, 2026
In addition, the facility provides short-term relief to African and Caribbean countries whose tourism and aviation sectors have been adversely affected by the crisis.
Business
By Business Reporter
Apr. 7, 2026
“We decided to look at something different — something no one has done before — to choose a location that is strategic, central, but lacks development and that location is Chivhu.”
Business
By Business Reporter
Apr. 6, 2026
He said the performance reflected the resilience and strength of the group’s portfolio amidst favourable market conditions and had significantly supported the group’s profitability.
Business
By Tatira Zwinoira
Apr. 3, 2026
This comes as Dokwe is one of the largest undeveloped gold projects in Zimbabwe, located in Tsholotsho district approximately 110km northwest of Bulawayo.
Business
By Tatira Zwinoira
Apr. 3, 2026
The bank noted that US$90,79 million had been made available under this arrangement last year, from a 2024 comparative of US$70,25 million.
Business
By Tatira Zwinoira
Apr. 3, 2026
The profit after tax is from a prior year loss of US$26,27 million.
Business
By Blessed Ndlovu
Apr. 2, 2026
NMBZ’s lines of credit were mostly deployed to exporters in various sectors of the economy.
Business
By Tatira Zwinoira
Apr. 2, 2026
ZCDC, an entity under the Mutapa Investment Fund.
Business
By Business Reporter
Apr. 1, 2026
“We see immense opportunities in Chivhu — not only for residents and investors, but also for the broader economy. Industry will be excited about what we’re bringing,” Sharpe said.
Business
By Business Reporter
Apr. 1, 2026
The group recorded an 84% increase in cash generated from its mining segment, driven by soaring gold prices that surpassed all previous targets.
Business
By Tatira Zwinoira
Apr. 1, 2026
A further ZiG259,25 million line of credit was secured from Shelter Afrique through its wholesale banking arm, FBC Crown Bank Limited.
Business
By Tatira Zwinoira
Apr. 1, 2026
IHC chairperson Elias Hwenga said the country’s capital constraints are not driven by a lack of assets but by weak mechanisms for converting those assets into
Business
By Business Reporter
Apr. 1, 2026
In its financial statement, Dairibord chairperson Nobert Chiromo highlighted that part of last year’s investment was prepayments for equipment pending delivery at year-end.
Business
By Tatira Zwinoira
Apr. 1, 2026
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development confirmed Zimbabwe’s readiness to host the high-level gathering, underscoring its
Business
By Staff Reporter
Mar. 31, 2026
The trade promotion body said it is holding meetings with strategic partners to unlock concrete export opportunities for local businesses.
Business
By Patricia Sibanda
Mar. 31, 2026
Government, financial sector regulators and key players from academia and industry are drafting the Financial Sector Development Strategy to guide the transformation of the country’s financial sector
Business
By Business Reporter
Mar. 31, 2026
Resources group RioZim Limited is seeking to raise US$39,4 million through a mix of borrowing and asset disposals as it moves to extinguish debt and recapitalise its remaining mining assets
Business
By Tatira Zwinoira
Mar. 31, 2026
CABS is in advanced negotiations to secure additional lines of credit to support lending to productive sectors of the economy, as the building society moves to expand financing for key industries.
Business
By Tatira Zwinoira
Mar. 30, 2026
ECONET Wireless Zimbabwe added US$55,56 million to its market capitalisation in its final week on the Zimbabwe Stock Exchange (ZSE), as investors rushed to secure a stake in the telecoms
Business
By Tatira Zwinoira
Mar. 30, 2026
STANBIC Bank Zimbabwe registered a near 48% increase in profit after tax to ZiG1,66 billion for the financial year ended December 31, 2025,
Business
By Tatira Zwinoira
Mar. 30, 2026
He said the next phase now requires prioritising the processing and value addition of goods traded under the African Continental Free Trade Area (AfCFTA).
Business
By Business Reporter
Mar. 28, 2026