By Mohamed JassatIN the fast-paced and ever-evolving world of global commerce, success is often measured not just in figures and forecasts but in relationships and respect. As Zimbabwe continues to position itself as a formidable player on the international stage, it becomes increasingly important for our business community to understand and embrace the cultural nuances…
ZIMBABWE’S mining sector has long been a significant contributor to the country’s economy, with mineral exports accounting for a substantial portion of its Gross Domestic Product (GDP). Mining royalties are…
By Shephard KemboENTREPRENEURSHIP has long been a subject of debate, especially when it comes to the question: Are entrepreneurs born with innate traits, or are they shaped by exposures, experiences,…
CBZ Holdings (CBZ), is leveraging its 35 percent stake in the Zimbabwe Mercantile Exchange (ZMX) to position itself as a key player in the development of a robust commodity exchange ecosystem, both domestically and across the region, a top company executive has said.The group has been instrumental in agricultural financing and economic development initiatives.In an…
SURGING gold prices, which continue to hit all-time highs and have now comfortably breached the US$3 100 per ounce level, are breathing new life into Zimbabwe’s ailing economy.The stunning upswing in the precious yellow metal’s prices is being driven by heightened global uncertainty and fear of inflation that has been stoked by US President Donald…
MASHONALAND Holdings (Mash Holdings) recorded a 12 percent increase in revenue to US$7 million for the year ended December 31, 2024 as growth in rental income was driven by effective voids management, rent reviews and property upgrades.During the year, the group’s rental income improved to US$5,6 million from US$4,9 million in 2023 supported by “portfolio…
ZIMBABWE’S trade deficit jumped to US$217,7 million in February 2025, as both imports and exports continued to decline.This comes as low production has hampered the country, and the informal sector has flooded the market with smuggled goods, which disproportionately burdens manufacturers with taxes and other costs.Consequently, retailers import many products to cut operating expenses.The Zimbabwe…
TENANTS that have longer lease terms and are more exposed to foreign exchange generation are likely to safeguard “real” rental returns in the real estate market amid tightening of local currency circulation by the authorities, Tigere Property Fund (Tigere) chief executive Brett Abrahamse has said.This comes amid increasing voids in the property sector which have…
MASIMBA Holdings says the tight liquidity conditions in the market has hampered effective execution of projects resulting in cash flow challenges and increasing debtors’ book.The construction firm is a huge contractor of the government’s massive infrastructure projects.“This (tight liquidity) constrained the business’ ability to fund ongoing projects and manage operational expenses, causing delays in project…
ZIMBABWE’S airports saw passenger traffic rise by 19 percent in 2024, reaching 2,28 million, up from 1,93 million in 2023.The Civil Aviation Authority of Zimbabwe (CAAZ) reported this increase, attributing it to stronger global and regional connections.These figures show significant growth in both international and domestic travel, proving a strong recovery in the aviation sector…
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