ZINARA revenue bulks 39 percent
Business Writer The Zimbabwe National Road Administration (ZINARA) has released its half year financial report, revealing a year of significant revenue growth. Gross revenue reached $1,4 billion, exceeding the year’s…
ZNCC congress to tackle currency, industrialisation issues
Oliver Kazunga The Zimbabwe National Chamber of Commerce (ZNCC) 2024 annual congress kicks off in Victoria Falls next week with a host of deliberations expected to take centre stage, among…
EcoCash streamlines operations under scheme of reconstruction
Business Writer Financial experts say EcoCash Holdings’ recently approved scheme of reconstruction, which will see its fintech businesses consolidate under Econet Wireless Zimbabwe Limited (Econet) is a strategic step towards future…
Meikles business model allows the company to be more agile: FBC Securities
Business Reporter FBC Securities says Meikles Limited’s business model is a high-cash-flow business, allowing the company to be more agile and responsive to market opportunities and threats. In its earnings…
New winter wheat planting record set
Zimbabwe has set a new record of winter wheat hectarage of 121 769 hactres, surpassing the set target of 120 000 hectares, a Cabinet Minister has said. Lands, Agriculture, Fisheries,…
First Capital Bank appoints EY as new auditor, shares flat
Business Writer First Capital Bank (FCB) on Wednesday appointed Ernst & Young, Chartered Accountants (Zimbabwe), as its new auditor, replacing Deloitte & Touche Chartered Accountants after five years of service.…
Zimplats records zero LTIs in Q1
Platinum group and associated metals producer, Zimplats, recorded zero lost-time injuries (LTIs) during the quarter ended 31 March 2024, which the company attributed to commitment to workers’ safety. A lost-time…
ZSE turnover increases by 280 percent
Business Writer Zimbabwe Stock Exchange Limited (ZSE) turnover for the 2023 financial year increased by 280 percent to $32,909 billion driven largely by listing fees, which saw a 512 percent…
Sam Levy’s Village on sale, US$120 million price tag set
Business Reporter A cornerstone of Harare’s affluent northern suburbs, Sam Levy’s Village, is on the market for US$120 million. The iconic shopping complex, known for its British-inspired architecture and upscale…
Masimba ex-CEO Malunga elected director at Proplastics, shares jump
Business Writer Shareholders of plastic pipes and fitting manufacturer, Proplastics, on Thursday last week approved the election of former group chief executive officer of Masimba Holdings, Canada Malunga, to the…











