Innscor breaks US$1 billion revenue mark

INNSCOR Africa (Innscor) recorded a 19,4 percent increase in revenue to US$1,086 billion during the year ended June 30, 2025, strong volume momentum and capacity utilisation. The Victoria Falls Stock Exchange-listed group said the robust performance was underpinned by scaling up of production capacity from numerous expansion projects rolled out over the past year. “This…

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RBZ maintains policy amid stability

THE Reserve Bank of Zimbabwe (RBZ) has announced its decision to continue with the current monetary measures implemented last year, citing a year of stability in basic commodity prices and the exchange rate. This stability follows a period around this time last year when the central bank devalued the ZiG from approximately ZiG14 per US$1…

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GMB increases maize producer price

THE Grain Marketing Board (GMB) has announced new producer prices for cereals for the 2025/26 agricultural season, with maize and traditional grain farmers set to benefit from higher payments compared to last year. According to the announcement, the maize producer price has been increased from US$333 to US$380 per tonne, the same rate that would…

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Irrigated tobacco area hits record

ZIMBABWE’S tobacco sector is showing strong signs of growth ahead of the 2025/2026 farming season, with the area planted under irrigated tobacco now 60 percent above the record levels set in 2024. Tobacco seed sales are also 11 percent firmer compared to the same time in 2024, which bodes well for attaining the 2025/2026 production…

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ZB Bank scores a first

ZB BANK, a subsidiary of ZB Financial Holdings (ZBFH), as become the first financial institution in the country to attain sustainability certification. The Sustainable Standards Certification Initiative (SSCI) certification is awarded by the European Organisation for Sustainable Development (EOSD). It not only requires a business to be profitable, but to be responsible, while caring for…

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Chas Everitt expands to Bulawayo

CHAS Everitt International Property Group (Chass Everitt) is expanding into Zimbabwe’s second-largest city, Bulawayo, a strategic move that comes just six months after the company’s launch in Harare. The group said the expansion marks its firm commitment to and confidence in the Zimbabwean property market’s robust growth potential. “Our initial foray into Zimbabwe was based…

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When regulation lags behind innovation…Africa’s AI dilemma

By Ephia Ruhode RESEARCH on digital transformation across the African continent reveals some interesting developments. In Nairobi, a fintech startup, Tala, is using AI to assess the creditworthiness of millions of unbanked citizens. In Lagos, AI-powered tools are helping doctors interpret X-rays in hospitals with too few radiologists. In Cape Town, young developers are experimenting…

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AI and security: Can Zimbabwe ward off digital spies?

By Godfrey Nyoni IN today’s world, threats to a country are no longer only about soldiers at borders or tanks on the battlefield. Danger can now slip quietly through the internet. Cyberattacks and digital spying are very real risks, even for Zimbabwe.From government networks to banks, power grids, and water systems, spies can steal information,…

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