El Niño to stall Zim’s economic snapback

PROJECTIONS of El Niño weather patterns for the 2026/2027 season have raised serious concerns about macroeconomic stagnation, rising inflation and a food security crisis in the country going forward. In this regard, experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said…

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Treasury remains bullish on growth

THE Treasury has maintained its five percent growth projection for Zimbabwe’s economy this year despite mounting global shocks. This comes amid growing calls from sections of industry for the Treasury to revisit its 2026 growth forecasts unveiled in November last year, before the outbreak of the US-Israel-Iran conflict that has unsettled the global economy through…

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Delta’s growth hinges on tax dispute resolution

DELTA Corporation (Del­ta) says the outcome of its US$97 million tax dis­pute with the Zimbabwe Revenue Authority (Zimra) will be critical to the company’s future growth, with management warning that settling the liability could force the company to scale back expan­sion plans. The beverages giant, which re­cently reported a record US$1,09 billion in revenue for…

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Rental yields boost Mash Holdings profit

MASHONALAND Hold­ings (Mash Holdings)’s revenue for the quarter ended March 31, 2026, grew eight percent to US$1,86 million from US$1,73 million a year earlier, driven by stronger rental yields, im­proved occupancy and new lettings. The property group said rental yields across the broader market re­mained attractive during the period due to increased investor demand for…

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Diversified income cushions ZBFH earnings

ZB Financial Holdings (ZBFH)’s diversified revenue streams cushioned overall earnings during the first quarter ended March 31, 2026, after liquidity con­straints weighed on lending income. The group’s non-funded income, property and in­surance operations, delivered steady growth during the period, helping offset pressure from reduced asset cre­ation within its banking business. Commissions and fees grew by…

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