CFI Holdings (CFI) says its retail chain Farm & City Centre (FCC) is set to diversify its product portfolio to reduce reliance on agricultural products and mitigate risk. FCC remains the group’s top revenue earner, but its operations are also susceptible to climatic shocks that have become prevalent in recent years, mainly droughts and floods.…
ZIMBABWE’s horticultural export earnings rose to US$181,7 million in 2025, driven by strong growth in blueberry exports, recent ZimTrade figures show. The statistics indicate that blueberry exports led the growth, increasing by 23 percent in 2025, with production nearing 12 000 tonnes, up from 8 000 tonnes the previous year. “This expansion is bolstered by…
ZIMBABWE’S taxation regime and levels are in line with regional trends, as the current revenue collections – at 18 percent – are attributable to “administrative efficiencies and not overtaxation”, Finance…
GENERAL Beltings (GB) Holdings expects the continued thermal power infrastructure development programme to offer growth opportunities in the short-to-medium term. The group manufactures and distributes chemical and rubber products, including industrial belts used in mining, agriculture, and general manufacturing. This comes as the government, through the power utility, Zimbabwe Holdings, wants to expand the country’s…
The African Export-Import Bank has agreed to lend South Africa an initial $11 billion (R175.6 billion) to ease funding pressures, support infrastructure projects and Black-owned businesses. As much as $8 billion…
Economic reforms and improved growth have lifted African sovereign credit ratings to their highest level in over five years, and the outlook remains positive, according to S&P Global Ratings. Financing…
VARUN Beverages Ltd. (VBL), one of PepsiCo’s largest and globally award-winning franchise bottlers and the second-largest bottler worldwide outside the United States, has announced a major expansion of its food…
ECONET Wireless Zimbabwe has published a circular to its shareholders, approved by the Zimbabwe Stock Exchange (ZSE). In the circular, the company explains its rationale for the proposed transition from…
THE government is strengthening policy instruments to capacitate the manufacturing sector in 2026, with a renewed focus on boosting local production, improving capacity utilisation, and reducing reliance on imports where domestic capability exists. This comes after authorities set guidelines for industry players seeking to access the ZiG100 million Industrial Development Fund (IDF), as the government…
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has set a revenue target of US$3,5 billion for 2026, driven by a recovery in battery metals and a structural supply deficit in the platinum group metals (PGMs) sector. The projection comes as MMCZ recorded a strong sales performance for the financial year ended December 31 2025, posting…
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