“The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate.”
Business Digest
By Mthandazo Nyoni
May. 22, 2026
The group’s investment property portfolio stood at US$91,6 million during the year ended December 31, 2024 following an open market valuation.
Caledonia’s market capitalisation stood at US$453,13 million on the London Stock Exchange at Tuesday’s closing share price of 1 750 pence.
Business Digest
By Blessed Ndlovu
May. 22, 2026
Part of the company’s funding structure includes a US$878 284 drawdown from a US$1 million loan facility carrying interest of 11% per annum over 36 months.
Business Digest
By Blessed Ndlovu
May. 22, 2026
The evolving revenue mix reflects Old Mutual’s push to build more resilient earnings in a volatile operating environment.
Business Digest
By Concilia Mupezeni
May. 22, 2026
The slowdown highlights the vulnerability of Zimbabwe’s platinum sector to operational disruptions at major producers.
Business Digest
By Mthandazo Nyoni
May. 22, 2026
Zimbabwe has one of the youngest populations in Africa, with youths accounting for a significant share of the unemployed, according to official statistics and
Business Digest
By Mthandazo Nyoni
May. 22, 2026
However, climate finance mobilisation — estimated at US$121 million over four years — remains significantly below national requirements.
Business Digest
By Gamuchirai Nyamuziwa
May. 22, 2026
Banks have gone through years of cautious lending driven by runaway inflation, currency instability and persistent liquidity shortages.
Business Digest
By Blessed Ndlovu
May. 22, 2026
Fixed wireless access, as Potraz defines it, is primarily fixed LTE: home internet services delivered over cellular infrastructure, without a physical cable connecting the premises.
Business Digest
By Valentine Muhamba
May. 19, 2026
A framework that counts Starlink’s consumption in one quarter, excludes it in the next, and never accounts for its provision produces a picture of the market that is structurally incomplete.
Business Digest
By Valentine Muhamba
May. 19, 2026
Zimbabwe’s SMEs account for more than 60% of gross domestic product and over 70% of national employment
Business Digest
By Mthandazo Nyoni
May. 18, 2026
In a circular issued to shareholders this week, FMP said it intended to delist from the ZSE as part of a strategic shift towards operating as a privately-held entity.
Business Digest
By Concilia Mupezeni
May. 15, 2026
CALEDONIA Mining Corporation grew its liquidity position to US$191,1 million in the first quarter ended March 31, 2026, strengthening its ability to fund the ambitious Bilboes Gold Project.
Business Digest
By Blessed Ndlovu
May. 15, 2026
MUTAPA Gold Resources says local banks are expected to finance about half of a US$152 million expansion project at Shamva Hill that will triple monthly gold production at the mine by 2028.
Business Digest
By Nhau Mangirazi
May. 15, 2026
Short-term insurer Alliance Insurance has appealed against a High Court order compelling it to pay textiles giant Paramount Exports nearly US$11,7 million for stock destroyed in a devastating fire,
Business Digest
By Blessed Ndlovu
May. 15, 2026
Wayne Bischoff, CEO at Mediamark, said Outmax introduced capabilities not currently available on the continent.
Business Digest
By Mthandazo Nyoni
May. 14, 2026
The IOSA certification renewal represents fastjet Zimbabwe’s first registration under the IATA’S enhanced Risk-Based IOSA approach
Business Digest
By Staff Reporter
May. 12, 2026
Kavango said it has adequate cash reserves to meet minimum exploration commitments, licence obligations and overheads for at least the next 12 months.
Business Digest
By Blessed Ndlovu
May. 8, 2026
ZIMBABWE’S first gold-backed exchange-traded fund (ETF) could reshape how investors deploy capital, offering regulated offshore exposure for the first time — but analysts warn liquidity constraints
Business Digest
By Mthandazo Nyoni
May. 8, 2026
After a break of two years, BuildEx Harare is back in 2026 with a three-day staging of Zimbabwe’s premier exhibition focused on construction, design, property, home innovation and lifestyle.
Business Digest
By Staff Writer
May. 8, 2026
ZIMBABWE’S trade development and export promotion agency, ZimTrade, will this month embark on a market scan mission to Vietnam and Thailand as it steps up efforts to unlock new export opportunities
Business Digest
By Mthandazo Nyoni
May. 8, 2026
The Reserve Bank of Zimbabwe has kept its policy rate at 35%, while weighted lending rates hover between 40% and 49%, to entrench recent gains in price and currency stability.
Business Digest
By Mthandazo Nyoni
May. 8, 2026
JENA Mines will require more than US$100 million in phased capital investment to fund a major expansion aimed at lifting gold output beyond 200 kilogrammes per month
Business Digest
By Mthandazo Nyoni
May. 8, 2026
While countries such as Rwanda and Nigeria are making measurable progress, the report finds their trajectories remain incomplete.
Business Digest
By Mthandazo Nyoni
May. 5, 2026
The lodge joked: “He was checking why room service was running late. No rules. No invitation. No reservation. This is the Zambezi — where wild means wild.”
Business Digest
By Staff Writer
May. 3, 2026
The challenge is no longer attracting interest, but converting that interest into bankable, funded projects that survive beyond announcements and memoranda of understanding.
Business Digest
By Freeman Makopa
May. 2, 2026
“Also planned in 2026 is the construction of a 34km electricity line to connect Blanket to Zimbabwe’s 132Kv backbone,” Caledonia said.
Business Digest
By Blessed Ndlovu
May. 2, 2026
“Gulf sovereign wealth funds had shown interest in Zimbabwe’s mining sector (lithium, gold, platinum) and renewable energy. The conflict may delay or cancel planned investments,” it said.
Business Digest
By Ruth Maseko
May. 2, 2026
In this way, China has become the world’s first major economy to implement unilateral, comprehensive zero-tariff treatment for all African countries with which it has diplomatic ties.
Business Digest
By Tendai Munhundarima
May. 2, 2026
In December 2023, the firm announced a gas discovery at its Mukuyu well, with indications pointing to a potential 184 million barrels of oil equivalent.
Business Digest
By Blessed Ndlovu
May. 2, 2026
In its February 2026 Monetary Policy Statement, the RBZ guaranteed that foreign currency deals and listed equities would not be forcibly converted under a mono-currency system.
Business Digest
By Concilia Mupezeni
May. 2, 2026
The watchdog claimed some companies provide “token” incentives, including fuel coupons, to chiefs and councillors to secure compliance as they expand into communal land.
Business Digest
By Freeman Makopa
May. 2, 2026
Hoto said FMHL remained optimistic about demand growth across its insurance divisions, particularly as it expands lower-cost health insurance products targeted at Zimbabwe’s cash economy.
Business Digest
By Blessed Ndlovu
May. 2, 2026
Patrick Maseva-Shayawabaya, who previously served as Kuvimba Mining House (KMH) head of the gold cluster and chief finance officer of MGR, will take over the reins.
Business Digest
By Mthandazo Nyoni
Apr. 29, 2026
On first inspection, Ecocash's intent with the Super App is immediately clear
Business Digest
By Mukudzei Sibanda
Apr. 28, 2026
Stanbic Bank Zimbabwe head of brand and marketing Tariro Memo said the initiative is a strategic repositioning that reinforces the bank’s commitment to its clients’ growth journeys.
Business Digest
By Business Reporter
Apr. 28, 2026
ZIMBABWE’S central bank is stepping up its push to restore the primacy of the local currency, rolling out upgraded Zimbabwe Gold (ZiG) banknotes
Business Digest
By Tinashe Kairiza
Apr. 24, 2026
Zimbabwe’s dollar-indexed Victoria Falls Stock Exchange (VFEX) is poised to outperform its much older peer, the Zimbabwe Stock Exchange (ZSE), this year, with growth of up to 20%
Business Digest
By Mthandazo Nyoni
Apr. 24, 2026
DIVERSIFIED financial services group ZimRe Holdings is accelerating its regional expansion strategy, targeting broader continental markets as stronger cash flows and a firmer balance sheet bolster
Business Digest
By Concilia Mupezeni
Apr. 24, 2026
CLOTHING retailer Edgars Stores is banking on more competitive procurement pricing, tighter cost controls and selective expansion to sustain growth
Business Digest
By Ruth Maseko
Apr. 24, 2026
Liquidity pressures have prompted Ariston Holdings to restructure short-term debt and seek shareholder support, as the group moves to stabilise its finances.
Business Digest
By Blessed Ndlovu
Apr. 24, 2026
China-headquartered resources group Zhejiang Huayou Cobalt has moved to full control of Zimbabwe’s largest lithium operation, tightening its grip on a strategic asset at a time
Business Digest
By Blessed Ndlovu
Apr. 24, 2026
Modern exhibition thinking is clear on the point that value is created through experience, not presence.
Business Digest
By Dennis Mambure
Apr. 24, 2026
Unifreight operates as an integrated logistics group anchored by its Swift brand, supported by Bulwark Transport and Skynet Worldwide Express.
Business Digest
By Kudakwashe Taimo
Apr. 24, 2026
Hagemann made the remarks as the bloc returned to the Zimbabwe International Trade Fair (ZITF) in Bulawayo for the fourth consecutive year,
Business Digest
By Mthandazo Nyoni
Apr. 23, 2026
The deal, signed in August 2025, would have seen Al Mansour acquire a 19,9% stake for A$37,8 million and potentially unlock up to US$500 million in future funding for Cabora Bassa.
Business Digest
By Mthandazo Nyoni
Apr. 23, 2026
He linked the improvement to firmer macroeconomic conditions, particularly single-digit inflation, which has improved price predictability and bolstered business confidence.
Business Digest
By Mthandazo Nyoni
Apr. 23, 2026
ZIDA said the initiative marks a strategic shift towards active deal facilitation, positioning the agency as a connector between investors, project promoters and key stakeholders.
Business Digest
By Business Reporter
Apr. 20, 2026
THE National Venture Capital Company of Zimbabwe (NVCCZ) has flagged weak investor readiness among local startups as a major barrier to funding
Business Digest
By Blessed Ndlovu
Apr. 17, 2026