ZIMBABWE’S avocado exports rose 89 percent year-on-year in the first four months of 2026, reflecting rapid growth in the horticulture sector as producers increasingly tap into export markets. Latest figures from the Agricultural Marketing Authority show that the country exported 1,74 million kilogrammes (kg) of avocados between January and April this year, valued at US$1,07…
ZIMBABWE has emerged as one of the top performers in budget transparency in Sub-Saharan Africa after ranking 62 out of 100 on the Open Budget Index (OBI), positioning the country third in the region behind South Africa and Benin. Minister of Finance Mthuli Ncube said the performance reaffirms the government’s commitment to transparency, accountability and sound public financial management. “Zimbabwe…
THE Deposit Protection Corporation (DPC) says it has sufficient liquid assets to protect depositors in the event of a bank failure, despite the corporation increasingly focusing on non-monetary assets. DPC has aggressively restructured its investment portfolio, allocating approximately 80 percent of its funds to high-yielding non-monetary assets such as equities, real estate and real estate…
TRADING on the Zimbabwe Mercantile Exchange (ZMX) is largely concentrated in maize and soya beans, as limited supplies of other commodities constrain market depth despite growing activity on the exchange. According to TSL chairman Anthony Mandiwanza, in a statement accompanying financial results for the six months ended April 30, 2026, the commencement of the 2025/26…
PROPLASTICS says tight liquidity and restrictive monetary conditions weighed heavily on its operations in 2025, dampening demand and slowing government-funded infrastructure projects. In its 2025 annual report, group chairman Gregory Sebborn said constrained liquidity conditions, particularly in local currency, added pressure to trading conditions, while power shortages continued to disrupt production efficiencies and increase operating…
TSL is accelerating investment in industrial property and logistics infrastructure as it diversifies revenue streams to reduce exposure to volatility in the agricultural sector. The group, with 74 percent of its income derived from agriculture operations, has been steadily growing its logistics and real estate businesses. It recently completed and commissioned a modern 4 567…
THE African Banking Corporation of Zimbabwe (BancABC) has signed a five-year strategic partnership with Visa to drive digital payment innovation and boost customer experience. BancABC said customers would benefit from the partnership through services such as virtual cards, digital card issuance, mobile tap-to-pay technology, e-commerce payment solutions and remittance services. The financial institution’s managing director,…
LOCAL firm, Empowered Woman Excel Credit Union Bank (EWECUB), has launched its property investments product to give the financially underserved investors access to premium property opportunities in prime and upmarket locations through collective investment. EWECUB Properties has been established to give investors access to premium property opportunities in prime and upmarket locations through collective investment. …
ZIMPLOW Holdings (Zimplow) is ramping up local procurement to strengthen domestic supply chains, lower costs, and support local businesses as part of its long-term sustainability strategy. The Victoria Falls Stock Exchange-listed industrial group said local sourcing remained a strategic priority despite its continued reliance on imported original equipment manufacturer (OEM) products. In its 2025 annual…
Econet Wireless Zimbabwe says it has reviewed its Smart4U bundle offering as part of ongoing efforts to align the popular product with changing customer needs and usage patterns, while at…
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