BPL Africa Connect Business Conference kicks off in Harare today with call for companies to embrace adaptive strategies

Business Writer BPL Africa Connect, a leading international business consultancy firm, has urged local companies to proactively adjust their strategies to remain competitive and sustainable in revolving market conditions. “The…

Relief for cotton farmers as Cottco clears US$21 million debt

Business Writer The Cotton Company of Zimbabwe (Cottco) has settled off US$21 million outstanding payments to farmers, the company has said. However, despite repeated mobile money notifications, over US$323 000…

Mutapa Investment Fund takes off, targeting economic prosperity for Zimbabwe

Business Writer The Mutapa Investment Fund (MIF), Zimbabwe’s sovereign wealth fund, officially launched operations this week with the ambitious goal of driving economic growth and creating wealth for the nation.…

Business leader James Mworia to share insights on growth at BPL Africa conference

Africa’s economic landscape is undergoing a significant transformation, presenting huge opportunities for businesses to expand and flourish, says Dr James Mworia, the highly respected CEO and Managing Director of Centum…

Ambitious Goal: Econet sets its sights on free money transfers for all incoming remittances to Zimbabwe

Business Writer  Econet Wireless Zimbabwe, the leading telecoms and tech company in the country, is extending its well-received move of free money transfers from the UK and South Africa. They plan to keep…

Retailers urge Govt to lead by example in de-dollarization efforts

Business Writer The Confederation of Zimbabwe Retailers (CZR) is calling on the government to take a more active role in promoting the use of the Zimbabwean dollar (ZIG) as the…

ZSE receives qualified audit opinion due to valuation issues

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) received a qualified opinion from its auditor, Grant Thornton, for its 2023 annual financial statements. A qualified opinion indicates the auditor believes the…

Zimbabwe’s ZiG weakens to lowest level since launch

Bloomberg Zimbabwe’s gold-backed ZiG currency has weakened to its lowest level against the US dollar since it was launched a month ago. The currency is trading at 13.67 to the…

ZECO Holdings posts wider loss despite strategic shift to property development

Business Writer ZECO Holdings,  a company owned by flamboyant businessman Philip Chiyangwa, reported a wider loss for the year ending December 31, 2023, despite a significant shift in its strategic…

NMB Bank’s digital push and diversification drive revenue surge

Business Writer A financial services firm, IH Securities, believes that NMB Bank’s efforts to broaden its income sources will be beneficial. The bank is looking into new areas like technology solutions,…

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