Afdis deepens local sourcing
AFRICAN Distillers (Afdis) spent US$35,1 million on local suppliers in the 2026 financial year as the beverages manufacturer intensified efforts to strengthen domestic supply chains and support the local industry.…
AFRICAN Distillers (Afdis) spent US$35,1 million on local suppliers in the 2026 financial year as the beverages manufacturer intensified efforts to strengthen domestic supply chains and support the local industry.…
THE government has commended the rapid growth of Zimbabwe’s Meetings, Incentives, Conferences and Exhibitions (MICE) sector, describing the emergence of world-class conferencing facilities in rural areas as a major boost…
WANAMARI Financial Services has strengthened its corporate social investment programme through a sponsorship agreement with Real Saints Football Academy, reinforcing its commitment to youth development and financial empowerment. The partnership…
Open Forum Godwin Museka A STRONG and resilient healthcare system is built not only through investment in hospitals, medicines and skilled personnel, but also through the continuous exchange of knowledge,…
Kudzanai Gerede Companies and Markets Editor CALEDONIA Mining Corporation (Caledonia) is targeting stronger production in the second half of the year as improved access to higher-grade ore and key operational upgrades begin to boost output. This comes as the group produced 17 360 ounces of gold in the second quarter ended June 30, 2026, an…
ZIMRE Holdings (Zimre) says it resumed recognising earnings from its 41,08 percent shareholding in CFI after the associate returned to profitability during the year December 31, 2025. The recovery in CFI signalled the potential turnaround of a long-troubled investment that had previously been fully impaired after years of cumulative losses. “In prior years, the company’s…
FIDELITY Life Assurance is capitalising on rising demand for financial protection products as global geopolitical tensions and economic uncertainty prompt more households to prioritise insurance and long-term security. The insurer said changing consumer behaviour helped drive strong growth during the year ended December 31, 2025, with customers increasingly turning to life insurance, pensions and funeral…
News Editor ECONET Wireless Zimbabwe (Econet) shares are trading well below fair value according to local equity research firms. The shares currently trade at a floor price of 50 US cents on the Victoria Falls Stock Exchange (VFEX)’s OTC platform, set when Econet delisted from the Zimbabwe Stock Exchange (ZSE). Three firms argue that price…
MUTAPA Gold Resources (MGR) says it remains focused on cost management rather than fluctuating bullion prices as global gold markets retreat from record highs reached earlier this year. International gold prices peaked at an all-time high of US$5 595 per ounce late January this year driven by uncertainty in the global economy. Since then, the…
LAND Fortune Market Place (LFM) and eMkambo have launched an agricultural trading platform designed to help farmers access buyers across the region while improving access to finance and insurance. Backed by a market capitalisation of US$5,2 million, the platform targets farmers operating under Village Business Units, many of whom struggle to secure reliable markets and…
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