Masimba’s revenue up 50pc in 5 months to May 2024
Business Reporter Masimba delivered a strong financial performance during the five months ending May 2024, CEO Fungai Matahwa told the company’s AGM on Friday last week According to Mr Matahwa…
How to save money on summer travel
I get overwhelmed just thinking about the effort it takes to plan, pay for, and physically take my tired, unexfoliated body on a summer trip. But then I remember that…
The 3 key challenges to financing the climate transition — and what to do about them
Despite ambitious commitments, the global financial system has fallen short of providing the estimated $125 trillion needed to finance the climate transition to net zero by 2050. Breakthrough technologies like…
Zimbabwe’s Tapfumaneyi to lead SADC Stock Exchange
Business Writer The Committee of SADC Stock Exchanges (CoSSE) has appointed Financial Securities Exchange (FINSEC) chief executive officer (CEO), Collen Tapfumaneyi as its chairman. This follows elections that were held…
Mashonaland Holdings five-month revenue hits US$2.62m
Business Writer Property group, Mashonaland Holdings’ revenue for the first five months of 2024, increased by 23 percent to US$2.62 million from US$2,14 million in the comparative period despite a…
Delayed payments cast shadow on Zimbabwe’s cotton industry
Business Writer Cotton farmers in Zimbabwe are fuming over delays by the Cotton Company of Zimbabwe (Cottco), the country’s primary cotton financier, in settling outstanding dues of nearly US$5,5 million…
World Bank registers ZIG
The World Bank has registered the country’s new currency, the Zimbabwe Gold (ZWG), among international currencies, the Reserve Bank of Zimbabwe (RBZ) has said. In a statement, RBZ deputy governor,…
Call for govt to capacitate ZUPCO, NRZ
The government should assist the Zimbabwe United Passenger Company (ZUPCO) in building its fleet of buses to ferry people around the country, legislators said on Tuesday. Last week, proportional representation…
Govt projects bouy PPC’s performance
Enacy Mapakame South African cement producer, PPC Limited, recorded solid performance for the financial year 2024 (FY24) supported by strong performance by its Zimbabwean operations. In an earnings update for…
ZiG gets international currency code, ZWG
Tapiwanashe Mangwiro Senior Business Reporter The World Bank has certified the Zimbabwe Gold (ZiG)’s international currency code (ZWG), giving it a distinct identity among other nations’ official currencies, the Reserve…











