TSL shareholders have overwhelmingly approved the company’s voluntary delisting from the Zimbabwe Stock Exchange, paving the way for its migration to the Victoria Falls Stock Exchange (VFEX). The decision was endorsed at an extraordinary general meeting held on June 19, 2026, where shareholders unanimously supported the resolutions. All votes cast were in favour of the…
PROSPECT Resources says new metallurgical tests at its Mumbezhi Copper project in Zambia have produced high-quality copper concentrates with recoveries above 94 percent, supporting plans for a centralised processing facility. Prospect sold its Step Aside Lithium Project in Zimbabwe last year for close to US$2,2 million which was mainly redirected to its Mumbezhi Copper Project. The…
Tapiwa Chirume NETONE chief executive officer Raphael Mushanawani has urged closer collaboration between government and industry to expand critical digital infrastructure. Speaking at the mid-term economic review and high-level policy…
Hazel Marimbiza in BULAWAYO THE Reserve Bank of Zimbabwe (RBZ) has tightened cybersecurity and consumer protection to safeguard the nation’s digital financial services. The central bank’s intervention aims to bolster public confidence in cashless transactions and drive growth for small and medium enterprises (SMEs). Speaking at the World SME Day Commemoration seminar in Bulawayo yesterday,…
ZIMBABWE’S annual ― and highly popular ― interbank games are teeing off at the Royal Harare Golf Club on Friday, with the broader multi-disciplinary sporting event continuing at the University…
The first six months of 2026 can only be described as a disappointment for investors on the Johannesburg Stock Exchange (JSE). Some smaller companies recorded decent gains for a handful…
ZIMPLATS will commission a 45-megawatt (MW) solar power plant next month as it moves to secure reliable electricity supply and support the government’s mineral beneficiation agenda, chief executive, Alex Mhembere, has said. The new facility follows the commissioning of a 35MW solar plant last year and forms part of a US$200 million investment programme aimed…
GOVERNANCE and accountancy professionals should adapt to a profession transformed by digital disruption, sustainability pressure and rising public scrutiny, or risk irrelevance, the Chartered Governance Institute in Zimbabwe (CGI) chief executive, Lovemore Gomera, has said. Gomera issued the call at the institute’s 2026 Winter School, held at Tamarind Resorts and Conference last week under the…
Prisca Tshuma FBC Holdings (FBC) has invested nearly US$10 million in information technology (IT) and expanded lending to offset revenue lost after the Reserve Bank of Zimbabwe reduced bank charges. The central bank, earlier this year, set a two percent ceiling on cash withdrawal fees and a 1,5 percent cap on point-of-sale charges. In addition,…
LOCAL companies are losing out on lucrative value-addition opportunities in the extractive sector to foreign investors despite government efforts to promote indigenous participation, the chief director in the ministry of Industry, Douglas Runyowa, has said. This comes amid concerns that foreign investors continue to dominate strategic sectors such as cement production, lithium mining and manufacturing.…
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