Simbisa considering shares buy back

Business Writer QUICK service restaurants (QSR) group, Simbisa Brands Limited shareholders, are set to consider authorising the company to purchase up to 10 percent of its issued ordinary share capital…

CBZ Holdings extends FMHL mandatory offer period

Business Writer CBZ Holdings says it is seeking permission from the ZSE to extend the mandatory offer period for the remaining shareholders of First Mutual Holdings (FMHL) as the Competition…

ZSE dips as BAT Zim reports sharp revenue decline amid currency challenges

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) All Share Index slipped on Monday, losing 1.64 points, or 0.58 percent, to close at 283.58 points. The decline was driven largely by…

Mutsvangwa’s Star link trial date set

Yeukai Karengezeka Court Correspondent The trial of local businessman, Neville Mutsvangwa, who is facing allegations of possessing a star link router without a licence has been set for November 21.…

Budget to consolidate NDS1 gains, deepen economic transformation, Mthuli

Nelson Gahadza The 2025 national budget will focus on building resilience in order to deepen economic structural transformation as well as consolidate gains achieved under National Development Strategy 1 (NDS1),…

Smelter commissioning affects Zimplats final product

Business Writer Zimplats says six-element (6E) metal in the final product in the quarter to September 30, 2024, declined 9 percent year-on-year and 3 percent from the prior quarter due…

EcoCash fully integrated with all Zimbabwean banks

Business Writer EcoCash, Zimbabwe’s largest financial technology platform, has announced the milestone of full integration with all banks across the country, a first for any mobile money platform in Zimbabwe.…

Future of payments dominates Zimswitch anniversary

Business Writer Zimbabwe’s future of payments took center stage on Friday as Zimswitch, the nation’s electronic payments switch, celebrated its 30th anniversary in Harare. The event highlighted the organisation’s pivotal…

ZECO’s property push faces headwinds

Oliver Kazunga ZECO Holdings’ real estate business recorded a 30,77 percent decrease in shop occupancy rate in the third quarter ended September 30, 2024 compared to 48,14 percent in the…

Starting new businesses in Zimbabwe, not for the faint hearted

By Eugenie Muchetu (New Ziana) – Starting a business is not easy anywhere in the world, but this is even worse in Zimbabwe where the economic environment is characterised by…

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