Steward unveils innovative new Omni Channel banking platform

Business Writer Steward Bank, a pioneer and leader in digital banking, has launched a new and innovative Omni Channel platform, which is poised to transform the country’s digital banking landscape.…

Pomona apartments: A haven for luxury living

Business Writer WestProp Holdings Limited, one of Zimbabwe’s leading property development companies, is hosting an open day at Pomona City on Thursday to allow prospective customers first hand insights into…

Kavango to raise US$20 million for exploration, development

Business Writer London-listed Kavango Resources plc, an exploration junior in the African mining sector, has announced its intention to raise as much as £15 million (US$20 million) to accelerate its…

Old Mutual Renewable Energy Fund a game changer

Business Writer Old Mutual Zimbabwe has taken a significant step towards supporting the country’s energy needs by launching the Old Mutual Renewable Energy Fund. The fund aims to provide critical…

El Nino drives cattle slaughters up 3pc in second quarter

Tapiwanashe Mangwiro During the second quarter of 2024, formal cattle slaughters rose by 3,1 percent to 94,161 compared to 91 330 in the first quarter, according to data released by…

“Support for small businesses critical”

Michael Tome Government has implored key stakeholders to provide vital support to Micro, Small and Medium Enterprises (MSMEs) as the sector continues to play a crucial role in Zimbabwe’s economy,…

IH Securities projects Simbisa’s investments to boost margins.

Business Writer IH Securities says Simbisa Brands investments of the last two years’ worth US$58.18 million on which it opened 134 new stores, will improve margins. The group, in FY25,…

A Balancing Act: Padenga’s gold rush and crocodile quandary

Business Writer Padenga Holdings, once renowned exclusively for its high-quality crocodile skins, has successfully diversified into gold production, transforming its financial landscape. However, while the mining operations have propelled the…

Zimbabwe lithium sector faces mounting challenges

Business Writer Despite the significant potential of lithium mining in Zimbabwe, the industry continues to operate in a challenging environment characterised by several risks, one of the top producers has…

Tax revenue surges in Q2 amid increased public spending

Tapiwanashe Mangwiro Zimbabwe’s Ministry of Finance, Economic Development, and Investment Promotion in its second-quarter Treasury Quarterly Bulletin, highlighted robust public finance performance driven by improved tax collections and strategic Government…

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