Olowononi replaces Humphrey Nwugo, who has moved to a similar role in East Africa.
Business
By Business Reporter
5h ago
CBMI managing director Zhang Sicai and Shuntai chairperson Xing Mingchang recently signed the agreement in Beijing.
Business
By Blessed Ndlovu
7h ago
“Over the next three years, our ambition is clear: to transform Windmill from a fertiliser business into a diversified, regionally relevant agribusiness platform,” he said.
Business
By CONCILIA MUPEZENI
7h ago
AFC said the facility will strengthen its capacity to scale investments in infrastructure and industrial ecosystems across Africa, supporting trade, growth and job creation.
Business
By Business Reporter
20h ago
Manuel Moses described the equity investment as “yet another milestone in the exemplary partnership between ATIDI and the African Development Bank Group.”
Business
By Business Reporter
Jun. 4, 2026
The proposed delisting underscores the challenges some listed companies face in unlocking shareholder value on the ZSE.
Business
By CONCILIA MUPEZENI
Jun. 4, 2026
Nampak’s profit after tax plunged to US$306 024 during the review period from US$2,87 million recorded in the comparable period last year.
Business
By Tatira Zwinoira
Jun. 4, 2026
The reforms come at a time when the ZSE is under mounting pressure from declining market capitalisation and a wave of delistings, most notably telecoms giant Econet Wireless Zimbabwe.
Business
By Tatira Zwinoira
Jun. 3, 2026
EMBATTLED miner RioZim Limited has widened its loss-making position to ZiG739,06 million for the financial year ended December 31, 2025, as revenue declined by 47,14%.
Business
By Tatira Zwinoira
Jun. 3, 2026
What was once a simple parking space is now a vast canopy of solar panels, transforming everyday convenience into a source of clean energy.
Business
By Business Reporter
Jun. 3, 2026
This underscores both the scale of the opportunity and the urgency of ensuring this revenue remains in the country.
Business
By Blessed Ndlovu
Jun. 2, 2026
“Stressed (IPC Phase 2) outcomes are expected through September 2026 in deficit-producing areas as the April to June main crop harvest progresses,” Fews Net said.
Business
By Business Reporter
Jun. 2, 2026
Rushwaya said the policy marked a significant victory for ZMF members and represented responsible and equitable resource governance.
Business
By Tatira Zwinoira
Jun. 1, 2026
“This highlights the urgent need to strengthen domestic resource mobilisation and ease access to concessional financing,” the bank said.
Business
By Tatira Zwinoira
Jun. 1, 2026
The conference will also feature structured business-to-business meetings designed to connect investors with project developers, manufacturers and government agencies.
Business
By Freeman Makopa
May. 29, 2026
Under the MoU, Liquid, through Cassava Technologies, will provide high-speed connectivity, cloud, cyber security and artificial intelligence compute training programmes.
Business
By Business Reporter
May. 29, 2026
In a letter to shareholders, TSL chairman Antony Mandiwanza said the consideration was also made as over 97% of the firm’s revenue is now in United States dollars.
Business
By Business Reporter
May. 29, 2026
“As at day 52, a total of 255,92 million kilogrammes of tobacco had been sold at an average price of US$2,54 per kilogramme,” the 2026 16th post-Cabinet briefing statement read.
Business
By Staff Reporter
May. 28, 2026
“Nonetheless, reserve accumulation and continued fiscal discipline provide a credible protection mechanism.”
Business
By Blessed Ndlovu
May. 28, 2026
“Growth is projected to moderate to 4,3% in 2026 and 4,5% in 2027 as agriculture normalises, policies tighten, and structural constraints persist.
Business
By Tatira Zwinoira
May. 28, 2026
Its baking products brand, Gloria, won the Leading Baking Products Brands Award, while Pearlenta scooped the top prize in the Leading Mealie Meal Brands category.
Business
By Business Reporter
May. 27, 2026
In a brief statement addressed to its "Valued Customers," the country's largest telecommunications operator acknowledged the ongoing service degradation,
Business
By Tendai Munhundarima
May. 27, 2026
The company also announced that Montclair Resort & Conference, which RTG acquired in 2025, attained ZWS ISO 9001:2015 Quality Management System certification earlier this year.
Business
By Boitumelo Makhurane
May. 27, 2026
The central bank said remittances reached US$2,45 billion in 2025, up 15,1% from the previous year.
Business
By Tatira Zwinoira
May. 27, 2026
Ariana Resources said the increase reinforces Dokwe as a long-life, low-cost operation with strong production potential across two development phases.
Business
By Tatira Zwinoira
May. 27, 2026
He added that insurers must clearly communicate the real value of cover at every policy renewal, ensuring sums insured reflect current replacement costs.
Business
By Business Reporter
May. 27, 2026
The partnership comes as both organisations mark 10 years of operations in Zimbabwe.
Business
By Valentine Maya
May. 26, 2026
“This partnership reflects a shared commitment to equipping our young people with critical financial and economic knowledge,” Mpofu said.
Business
By CONCILIA MUPEZENI
May. 26, 2026
According to the agency’s Consumer Price Index report released on Tuesday , the slowdown was largely driven by easing non-food prices, although food inflation remained unchanged.
Business
By Boitumelo Makhurane
May. 26, 2026
Analysts believe the listing could help diversify an exchange long dominated by mining, agriculture, financial services, and consumer-facing stocks.
Business
By Mthandazo Nyoni
May. 26, 2026
The group accounts for the investment under the equity method in accordance with IAS 28 (Investments in Associates and Joint Ventures).
Business
By Tatira Zwinoira
May. 26, 2026
Tharisa holds a 78,81% stake in KMH, which in turn owns 85% of the KPP, while the Zimbabwean government’s special purpose vehicle, Generation Minerals, holds the remaining 15%.
Business
By Tatira Zwinoira
May. 25, 2026
CBZ said commission and fee income increased 4,9% to ZiG524,17 million, driven by stronger digital transactions and a stable deposit base.
Business
By Business Reporter
May. 25, 2026
Over the past decade, Sanlam Alternative Investments has deployed more than ZAR17 billion into 40 sustainable infrastructure projects across Africa through various managed funds.
Business
By Business Reporter
May. 22, 2026
Gold concentrates can be further processed using intensive leach reactor technology, achieving up to 90% recovery within eight hours and up to 98% within 24 hours, the company said.
Business
By Business Reporter
May. 22, 2026
TNCIH said the strong capital base positions the bank to support sustainable growth while maintaining prudent risk management practices.
Business
By Business Reporter
May. 22, 2026
Revenue for the period rose sharply to ZiG5,06 million from ZiG1,65 million in the prior year, while gross profit surged nearly 246% to ZiG2,05 million.
Business
By Business Reporter
May. 22, 2026
Mene described the move as “leadership that confronts challenges directly and solves problems immediately instead of creating endless committees and delays.”
Business
By Business Reporter
May. 21, 2026
The warning comes amid volatility in global energy and commodity markets following disruptions to trade flows and production inputs tied to the wider Middle East energy corridor.
Business
By Farming Reporter
May. 21, 2026
The miner attributed the outlook to firm global gold prices, which are expected to remain supportive throughout the year.
Business
By Business Reporter
May. 21, 2026
The Reserve Bank of Zimbabwe had an answer ready for the businesses struggling under one of Africa's tightest credit environments.
Business
By Valentine Maya
May. 20, 2026
Experts say initiatives such as the Single African Air Transport Market (SAATM) will be vital in lowering transport costs, boosting intra-African trade and strengthening regional value chains.
Business
By Business Reporter
May. 20, 2026
He said the facilities would also save time and transport costs for farmers operating in remote areas.
Business
By Business Reporter
May. 20, 2026
Zimplow operates several subsidiaries across agricultural equipment, mining and infrastructure, logistics, and automotive, as well as property holding segments.
Business
By Tatira Zwinoira
May. 20, 2026
He said the newly formed companies recently showcased their products at a United Nations programme on women in tourism held in Victoria Falls.
Business
By CONCILIA MUPEZENI
May. 20, 2026
At the same time, construction of Blocks C, D and E has advanced to the foundation stage, ensuring continued momentum across the development.
Business
By Tatira Zwinoira
May. 20, 2026
He said while the multilateral trading system has been imperfect, it has offered a rules-based framework, unlike the “trade law of the jungle” seen today.
Business
By Business Reporter
May. 19, 2026
The company posted a profit after tax of US$11,53 million for the financial year ended December 31, 2025, compared to a loss of US$757 432 in the prior year.
Business
By Tatira Zwinoira
May. 19, 2026
Companies are increasingly favouring suburban locations such as Borrowdale, Avondale, Eastlea, Milton Park and Belvedere.
Business
By Tatira Zwinoira
May. 19, 2026