FBC Holdings recorded a 69 percent increase in profit after tax to ZiG789,1 million for the year ended December 31, 2025, driven by strong growth in core income streams. Income from lending, transactions and payment processing rose 34 percent and now contributes over 80 percent of total revenue. “These results underscore the group’s resilience in…
ECONET InfraCo has announced the development of a multimillion-dollar luxury resort in Victoria Falls as part of the billion-dollar infrastructure platform’s broader strategy to expand into high-end tourism infrastructure. The…
GLOBAL oil prices have fallen sharply and stock markets have jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the key…
Experiencing the Eiffel Tower can be a crowded affair – about 7 million people visit each year – but now you can enjoy a part of this majestic French monument in your…
By Mpho Hlakudi and Khuleko Siwele, Bloomberg South Africa’s rand soared, government bond yields tumbled and stocks jumped the most in six years as investors piled back into emerging-market assets that…
THE government has warned that Zimbabwe’s winter wheat crop is under serious threat due to a critical fertiliser shortage, driven by disruptions in global supply chains linked to the ongoing Middle East conflict. Permanent Secretary in the ministry of Agriculture, Obert Jiri, said the situation posed a major risk to agricultural productivity and food security.…
THE government says Botswana President Duma Boko is expected to officially open this year’s Zimbabwe International Trade Fair (ZITF), highlighting growing bilateral ties and deepening regional cooperation. Addressing a post-Cabinet media briefing in Harare yesterday, the minister of Information, Zhemu Soda, said more than 90 percent of exhibition space had already been taken up. “Cabinet…
By Anthony Osae-Brown, Bloomberg Nigeria doubled crude supply to Dangote Refinery in March as Africa’s top oil producer moved to shore up fuel availability after the Iran war disrupted Middle East…
O’MARI, a fintech unit of Old Mutual Zimbabwe (OMZ), plans to expand beyond digital wallet services as part of a broader diversification strategy to achieve long-term sustainable revenues. The unit introduced new business propositions during the just ended financial year to December 31, 2025 such as nano-loans and micro-savings which focused on underserved segments, mainly…
PARLIAMENT is considering legislation to compel local companies to buy domestically produced goods, while also pursuing cross-border agreements to stem the flow of counterfeit products, a senior lawmaker has said. Zimbabwe has recorded a surge in fake products, ranging from food and beverages to household items, many of which are illegally imported or manufactured without…
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