FIRST Mutual Properties (FMP) successfully offset a decline in occupancy levels across its property portfolio through improved US dollar revenue and rental collection rates during the nine months to September 30, 2025. US Dollar-denominated revenue contributed 86 percent of total income, from 76 percent comparable period last year, reflecting the trend across the broader economy.…
OK ZIMBABWE (OK) says its US$30,5 million turnaround effort has been impacted by limited liquidity and prolonged delays in asset disposals. In a market update, the retailer said that from its turnaround plan, the rights offer was successful and raised US$20 million. The group said an additional capital raise plan of US$10,5 million through the…
BRITISH American Tobacco Zimbabwe (BAT) says operating costs eased by up to 66 percent to US$10 million during the nine months ended September 30, 2025, on the back of robust cost containment measures and a stable operating environment. The inflationary tide cooled off this year as a result of a stable exchange rate, as the…
By Faith Chingoiro IN today’s digital age, data analytics has become an essential component of effective social media marketing. By leveraging the vast amounts of data generated through interactions, trends, and user behaviours on social platforms, brands can tailor their marketing strategies to be more targeted, personalised, and impactful. However, with great power comes great…
ZECO Holdings’ revenue for the third quarter to September 30, 2025 grew 82 percent to ZiG1,715 million from ZiG941 913 previous comparable period driven by a stable currency and good agricultural output. The engineering firm said its performance is usually influenced by the economic climate, which has an impact on operating and production expenses. On…
AFC Insurance has launched hospital and funeral cash plans aimed at supporting informal sector workers and smallholder farmers who often struggle to cope with unexpected shocks. Zimbabwe’s economy is highly informal, with informal businesses accounting for about 60 percent of GDP. The lack of affordable insurance policies and loans has left many informal workers uninsured…
By Godfrey Nyoni ZIMBABWE is moving much deeper into the digital world, with banks, schools, hospitals, and even government departments now depending heavily on online systems to operate. But as the country becomes more digital, it also becomes more vulnerable to cyberattacks. Today’s hackers are no longer just individuals sitting in dark rooms behind laptops;…
KUVIMBA Mining House’s subsidiary, Sandawana Mines, has invested US$500 000 in community social responsibility (CSR) initiatives aimed at improving the welfare and needs of the local community. Sandawana general manager Godwill Gambiza said the organisation remains committed to strengthening its CSR efforts, noting that the community has expressed appreciation for the company’s continued involvement in…
ZIMBABWE’s platinum production is expected to decline by four percent this year to 493 000 ounces, weighed down by the absence of a drawdown of semi-finished stock that boosted last year’s volumes, latest data shows. According to the World Platinum Investment Council (WPIC), while the country remains a key player in the global market, short-term…
CASSAVA Technologies (Cassava) has entered a strategic collaboration with The Rockefeller Foundation to deploy artificial intelligence (AI) resources across Africa, aiming to integrate the continent’s development sector into the projected…
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