THE Agricultural Marketing Authority (AMA) has urged manufacturers to buy locally produced agricultural commodities to cut the country’s import bill on wheat, maize and soybeans. This comes as rising global commodity prices and geopolitical tensions continue to disrupt supply chains. In a statement, AMA said continued reliance on imported raw materials was weakening domestic value…
TSL is seeking shareholder approval to delist from the Zimbabwe Stock Exchange (ZSE) and list on the Victoria Falls Stock Exchange (VFEX) as it targets improved valuation and foreign capital access. The diversified agro-industrial group said the proposed migration would be implemented as a single integrated transaction, subject to shareholder and regulatory approvals at an…
THE Zimbabwe Consolidated Diamond Company (ZCDC) has appointed Dennis Mtombeni as chief executive, succeeding Douglas Zimbango, who will step down effective June 30, 2026. The diamond miner said Mtombeni is a seasoned mining executive with over two decades of industry experience. “He joined ZCDC in 2017 and has held several senior positions within the company,…
By Ntando Thukwana, Bloomberg The South African Reserve Bank is set to raise borrowing costs for the first time in three years as policymakers seek to combat inflationary pressures stemming from…
By David Hellier, Bloomberg Premier League champion Arsenal climbed the latest Football Benchmark ranking of European club valuations, narrowing the gap with Manchester United and Manchester City. The researcher boosted the…
By Diana Li, Bloomberg Hong Kong has narrowly overtaken Switzerland to become the world’s largest cross-border wealth hub, driven by an influx of mainland Chinese capital and a resurgent local equity…
EXPERTS remain cautiously optimistic about Zimbabwe’s medium-term economic prospects despite the structural bottlenecks and external headwinds that threaten to retard progress. This comes as the bullish outlook is underpinned by improving fiscal prudence and discipline that has seen the country registering single-digit inflation, a relatively stable exchange rate and rising foreign currency reserves. As a…
THE Ministry of Industry and Commerce has partnered with Africa Economic Development Strategies (AEDS) to host the inaugural Zimbabwe Industrialisation Conference and Expo in Bulawayo, aimed at advancing the country’s industrial transformation agenda. The high-level event is scheduled to take place from July 23 to 24, 2026, at the Zimbabwe International Trade Fair grounds. AEDS…
HR Perspective with MEMORY NGUWI MOST organisations believe they have a pay structure, but what they actually have is a collection of salaries set at different times, by different managers,…
CBZ Holdings (CBZ) says measures by the Reserve Bank of Zimbabwe to slash bank charges could weigh on sector earnings this year despite boosting financial inclusion and formal banking activity. The central bank, in its 2026 monetary policy statement announced in February this year, slashed bank charges, setting a two percent ceiling on cash withdrawal…
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