VFS Global, a global technology firm that provides secure global mobility for governments and citizens, has completed the acquisition of a majority stake in CiX Citizen Experience, a Brazil-based digital and physical citizen services provider.VFS Global, which also operates in Zimbabwe, will want to leverage this partnership to accelerate CiX’s expansion across key markets in…
ONLY three companies account for nearly 70 percent of Zimbabwe’s cooking oil production, resulting in high price-setting despite a significant decline in input costs, the Common Market for Eastern and Southern Africa (COMESA) Competition Commission has noted.The situation has created an oligopoly in the industry, which is a state of limited competition, in which a…
England – 565-6 declared in 96.3 overs (Ollie Pope 171, Ben Duckett 140, Zak Crawley 124; Blessing Muzarabani 3/143, Wessly Madhevere 1/34, Sikandar Raza 1/93) Zimbabwe – 265 and (following…
Leapmotor introduced to the Mauritius market. Cutting edge EV range to be introduced to Indian Ocean country New models to be introduced annually PORT LOUIS, – Mauritius has taken a…
ZB FINANCIAL Holdings (ZBFH) is closing in on the long-awaited merger of its two banking operations, ZB Bank and ZB Building Society (ZBBS), in a strategic effort to optimise capital and streamline operations. The diversified financial services group with operations across banking, insurance, real estate and asset management wants to fold ZBBS operations into ZB…
A Matter of Taste with Charlotte Malakoff IT was party time in Stokesay Close last Saturday, when Sabai Thai Restaurant celebrated their tenth anniversary with a big birthday blowout for…
ZIMBABWE produced 37,65 million litres of milk between January and April this year, marking a four percent increase from 36,34 million litres recorded the same period last year, the dairy services department in the ministry of Agriculture says. During the period under review, milk intake by processors rose four percent to 34,64 million litres from…
EXPERTS are concerned about plans by authorities to maintain, and possibly to increase, the portion of foreign currency earnings that exporters must relinquish. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts warned this week that such a move could have the…
DELTA Corporation (Delta) says together with its associate Schweppes Zimbabwe, they paid a total of US$20,7 million in sugar tax for the financial year ended March 31, 2025, severely impacting profit margins.The US$0,001 per gramme sugar tax, which came into effect last year, has become a significant cost burden on local beverages makers who continue…
ZB Financial Holdings (ZB) posted a 224 percent growth in profit after tax (PAT) of ZiG261,94 million during the first quarter to March 31, 2025 from a year earlier, driven by the impact of the cost containment measures and a ‘resilient’ balance sheet structure.The diversified group has banking, insurance and other strategic investment operations.Its continuous…
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