OLD Mutual Zimbabwe (OM) says its fintech unit, O’Mari, is now signing on average close to 100 000 new accounts per month leveraging the group’s diverse product offering.The strong customer acquisition is increasingly boosting overall revenue performance by cross-selling product offerings within the group.O’mari has been steadily growing its product range which includes the wallet…
EARLY this year, OK Zimbabwe made a strategic change in management, which saw former chief executive Willard Zireva coming out of retirement to steer the ship once more in an effort to stabilise operations. As part of an immediate internal rescue plan, the new leadership proposed a US$30 million capital raise through a rights offer…
ZIMBABWE’S long-neglected gold sector is drawing renewed attention from investors, aided by record bullion prices and a period of relative political and economic stability, according to London-based wealth manager Shard Capital.This comes as authorities are projecting a significant boost in direct investment, with inflows expected to exceed US$600 million in 2025.The increase is set to…
HOTELS in Victoria Falls recorded a 10 percent rise in occupancy during the recent Heroes’ and Defence Forces’ holidays, driven largely by international and regional visitors, latest data shows.This growth is particularly encouraging given ongoing efforts to establish Victoria Falls as a world-class destination.“Victoria Falls saw a significant uptick during the recent Heroes and Defence…
MASHONALAND Holdings (Mash Holdings) expects stronger revenue from development projects in the second half of the year driven by the completion of the Greendale cluster stands and the positive outlook of the Pomona Commercial Centre. The property firm’s revenue for the six months to June 30, 2025 grew by a marginal one percent to US$3,66…
HOSPITALITY group, Rainbow Tourism Group (RTG), is hosting a delegation of German buyers ahead of the 2025 Sanganai/ Hlanganani World Tourism Expo, which runs from September 10 to 12 in Mutare. This year’s expo, themed “Devolving Sustainable Tourism Development — Our Future,” aims to highlight the importance of regional tourism growth and responsible development. RTG…
ZIMBABWE’s tobacco sector is poised for further growth in the 2025/26 season, with the latest figures from the Tobacco Industry and Marketing Board (TIMB) showing an 18 percent increase in certified seed sales compared to the same period last year. As of August 27, a total of 1,343,590 grammes of seed had been sold, enough…
THE government has banned the importation of oilseeds, grain and related products in a bid to promote local production and reduce the country’s ballooning import bill. According to Statutory Instrument 87 of 2025 gazetted last Friday, only contractors will be allowed to import in cases of necessity, while all processors will be required to increase…
THE government says it is optimistic that Zimbabwe’s industrialisation agenda will gather momentum by year-end, buoyed by ongoing reforms aimed at relaxing the ease of doing business and creating a more supportive regulatory environment. Speaking during the Zimbabwe Industrial development Policy (ZNIDP)2 parliamentary committee workshop last Friday, the minister of industry Mangaliso Ndlovu said that…
THE government says foreign investors should take advantage of the country’s unprecedented mining renaissance in order to transform the energy sector and help the country to end power outages. This comes as the authorities are currently courting foreign investors across the globe to invest especially in renewable energy. Speaking during the 2025 Africa Down Under…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More