The company is banking on a recovery in operating performance to return to profitability next year.
Business Digest
By Tatira Zwinoira
6h ago
As part of this strategy, RTG embarked on a US$26 million capital investment programme implemented over the past five years.
Business Digest
By Tatira Zwinoira
6h ago
CFI reported a profit after tax of ZiG175,83 million (US$6,59 million), a sharp turnaround from a loss of ZiG995,74 million (US$40,01 million) recorded in 2024.
Business Digest
By Tatira Zwinoira
6h ago
The southern African side effectively needed a win to maintain any realistic prospect of progress, either in second place or as one of the best third-placed teams.
Sport
By Casablanca
Dec. 30, 2025
Capital markets activity improved meaningfully in the second half of 2025, supported by improved investor sentiment.
Business Digest
By Belinda Chiroodza
Dec. 19, 2025
According to financial services firm IH Securities, RTG’s market capitalisation stood at US$109,94 million as of Monday, representing a year-to-date gain of 88,55%.
Business Digest
By Tatira Zwinoira
Dec. 19, 2025
Industry leaders expect the trend to hold in 2026 as improving macro-economic conditions begin to filter through to households and businesses.
Business Digest
By Freeman Makopa
Dec. 19, 2025
To secure future output, the company has embarked on an aggressive drilling schedule.
Business Digest
By Mthandazo Nyoni
Dec. 19, 2025
Central to this package is a government-backed farming mechanisation programme with Belarus.
Business Digest
By Concilia Mupezeni
Dec. 19, 2025
Meikles attributed the heavy loss to exchange-rate volatility, subdued consumer spending and persistently high operating costs weighing on the formal retail sector.
Business Digest
By Staff Writer
Dec. 19, 2025
The increase came alongside a modest rise in the proportion of companies making investments.
Business Digest
By Tatira Zwinoira
Dec. 19, 2025
The trend is raising fresh questions about liquidity distribution and the underlying stability of the banking sector, businessdigest can report.
Business Digest
By Belinda Chiroodza
Dec. 19, 2025
The 22-year-old Wolverhampton Wanderers forward, who arrived in Morocco on Wednesday to link up with the Warriors squad, is set to make his major tournament debut.
Sport
By Munyaradzi Madzokere
Dec. 19, 2025
From the lush rugby fields of Kampala to the elite golf courses of Riyadh, the Zimbabwe bird has flown high.
Sport
By Munyaradzi Madzokere
Dec. 19, 2025
In the budget, government reduced the IMTT on ZiG-denominated transactions to 1,5% from 2%, while maintaining the 2% rate on foreign currency transfers.
Business Digest
By Tatira Zwinoira
Dec. 12, 2025
The Treasury has introduced the progressive levies, effective next year, in a bid to curb excessive cash use and encourage digital transactions.
Business Digest
By Tatira Zwinoira
Dec. 12, 2025
In another key development for the capital markets, Statutory Instrument 110 of 2024 had set the Capital Gains Withholding Tax (CGWT) on listed marketable securities at 2%.
Business Digest
By Ruth Maseko
Dec. 12, 2025
Swan said the group was deliberately repositioning itself into a more diversified and future-focused industrial player.
The South African packaging giant had entered into a non-binding agreement on September 30, 2024 to sell its 51,43% stake in Nampak Zimbabwe Limited (NZL) for US$25 million.
Business Digest
By Melody Chikono
Dec. 12, 2025
As Mateta urged stakeholders to embrace the new technology, she framed the launch as more than a digital milestone.
Business Digest
By Melody Chikono
Dec. 12, 2025
Marowande is the General Manager at Old Mutual Life Assurance Company Zimbabwe Limited.
Business Digest
By Melody Chikono
Dec. 12, 2025
“The group incurs incremental interest expense under the arrangement should it fail to meet the finance provider settlement date,” OK added.
Business Digest
By Tatira Zwinoira
Dec. 5, 2025
The government is aiming to collect an additional US$1,47 billion in revenue for 2026, targeting total revenues of US$9,4 billion, up from this year’s expected returns of US$7,93 billion.
Business Digest
By Tatira Zwinoira
Dec. 5, 2025
The project will have a peak gross lettable area of 90 000m². Upon completion, it will be a one-stop “Eat, Shop, Work and Play“ shopping centre, attracting local, regional and international brands.
Business Digest
By Ruth Maseko
Dec. 5, 2025
In an interview with businessdigest, OMZ chief investment officer Benjamini Sithole said small-scale miners should organise themselves to take advantage of the US$25 million fund.
He stressed that a supportive exchange-control framework across all sectors was essential if Zimbabwe hoped to attract sustained international capital.
Business Digest
By Melody Chikono
Dec. 5, 2025
A cornerstone of their preparation will be the newly-launched World Rugby Nations Cup in 2026.
Sport
By Munyaradzi Madzokere
Dec. 5, 2025
Bard Santner also runs TX Money Transfer, a prominent financial remittance services company with a footprint in Zimbabwe and regionally.
The Professional
By Own Correspondent
Dec. 4, 2025
Muhau said in addition to conventional, simple transactions, the branches will offer personalised financial advice, support and advisory services for loans or investments.
Business Digest
By Business Reporter
Dec. 3, 2025
The next chapter of my life isn’t about expansion,” he says quietly. “It’s about elevation.
International
By Theindependent
Dec. 2, 2025
An employee-engagement survey is not about collecting opinions or running an annual routine
Business Digest
By Memory Nguwi
Nov. 28, 2025
All these concerns are outlined in the social contract, which is why we are unpacking this economic cluster for a comprehensive understanding.
Business Digest
By Belinda Chiroodza
Nov. 28, 2025
However, the project encountered a setback after the anchor tenant failed to take up space as agreed.
Business Digest
By Tatira Zwinoira
Nov. 28, 2025
Zambia and the Democratic Republic of Congo (DRC) jointly hold 58% of the world’s cobalt-bearing copper resources.
Business Digest
By Melody Chikono
Nov. 28, 2025
In its latest report, FBC Securities forecast Delta will post revenue of US$1,02 billion and profit after tax (PAT) of US$141,03 million for the year ending March 31, 2026.
Business Digest
By Tatira Zwinoira
Nov. 28, 2025
Another major taxpayer, Innscor Africa Limited, was hit with a further US$187 000 for the year-ended June 30, pushing its total disputed tax bill to US$13,39 million.
Business Digest
By Ashton Ndakusiya
Nov. 28, 2025
The report attributed the sharp rise in domestic debt mainly to ballooning arrears to service providers, which jumped from US$34 million in December 2024 to US$1,3 billion by September 2025
Business Digest
By Julia Ndlela
Nov. 28, 2025
The IMTT, charged at 2% on most electronic transfers, has been widely criticised for squeezing liquidity and increasing the cost of doing business.
Business Digest
By Mthandazo Nyoni
Nov. 28, 2025
Captain Sikandar Raza and his team will open their campaign against Oman before facing a formidable test against 2021 champions Australia four days later.
Sport
By Munyaradzi Madzokere
Nov. 28, 2025
Dr Tungwarara has also recognised the critical need for revitalized health facilities.
Politics
By Staff Reporter
Nov. 26, 2025
Mhazo stated that Stanbic’s participation aligns with its broader strategy to promote sector-wide collaboration, support ecosystem development, and champion financial inclusion.
Business Digest
By Staff Writer
Nov. 26, 2025
Harry Allen Classic has been a key event in the golfing calendar drawing in players from the Province and the nation.
Sport
By Onismo Takadiyi
Nov. 21, 2025
The teams are grouped into zones – Matabeleland North and Bulawayo Metropolitan, with winners in the two provinces battling it out in the final playoffs.
Sport
By Onismo Takadiyi
Nov. 21, 2025
AI-powered “space traffic controllers,” such as systems named ASIMOV and CREAM, are now at the heart of satellite management.
Business Digest
By Naison Bangure
Nov. 21, 2025
The question that confronts us, in Harare as much as in Silicon Valley, is simple yet profound: can Zimbabwe keep up with AI?
Business Digest
By Evans Sagomba
Nov. 21, 2025
The figure underscores mining’s acute vulnerability to external shocks and reflects a significant shift in credit risk dynamics, experts say.
Business Digest
By Mthandazo Nyoni
Nov. 21, 2025
Back in Harare, his wallet still bulges with a piece of plastic that global experts claim is heading for obsolescence.
Business Digest
By Mthandazo Nyoni
Nov. 21, 2025
This prestigious international accolade is hailed as a resounding affirmation of the nation’s tourism revival, and growing international confidence in Brand Zimbabwe.
Business Digest
By Catherine Murombedzi
Nov. 21, 2025
The report unveiled a dramatic shift within the high-value Platinum Group Metals (PGMs) sector, which remains a cornerstone of Zimbabwe’s mineral exports.
Business Digest
By Staff Reporter
Nov. 21, 2025