SEED Co Limited (Seed Co) reduced its electricity consumption by 23,6 percent to 5,699,604 kilowatt-hours (KWH) during its 2025 financial year from 7,461,250 KWH a year earlier thanks to ramped up solar power generation and energy efficiency measures.The company’s electricity use stood at 8,156,437 kWh in 2023, signalling a continuous reduction already easing energy costs,…
ZIMBABWE’s property market is robust, supported by stable income returns and international entrants despite funding constraints, FBC Holdings has said.According to the diversified financial service provider, which also has a portfolio in property, the real estate sector presents massive opportunities for both local and international investors across residential, commercial and industrial segments.“Investment appetite in the…
AIR Zimbabwe says it will continue to service the Harare–Mutare–Victoria Falls route beyond the Sanganai/Hlanganani/Kumbanai World Tourism Expo which ended last week.Initially launched to facilitate travel for attendees of the 15th edition of the World Tourism Expo, held in Mutare recently, the service quickly proved essential beyond the scope of the event.As a result, Air…
THE Tigere Real Estate Investment Trust says it is in negotiations with related parties to acquire two income-producing assets for inclusion into the portfolio.Inclusion of the assets is expected to have a significant yield accretive impact on the REIT and will provide further counterparty lease diversification and net asset value growth.“If negotiations are successful, the…
THE inaugural micro, small, and medium enterprises (MSMEs) survey and awards ceremony slated for early next month is set to unearth rich insights from this burgeoning sector, facing a plethora of operational challenges and opportunities.The project, a partnership between The Financial Gazette and the Small and Medium Enterprise Development Corporation (SMEDCO), will present detailed data…
TANGANDA Tea Company (Tanganda) recorded a significant reduction in production of key commodity lines during the third quarter ended June 30, 2025, owing to the late onset of the rains.Production of bulk tea fell six percent to 6 826 tonnes during the period as packed tea and coffee sales volumes of 1 200 tonnes were…
GOVERNMENT’s recent engagements with various business and industry bodies sends positive signals of inclusive nation building, economic research analysts, Inter Horizons (IH) Securities has said.This comes as the government has previously been criticised for overlooking industry in the formulation of policies with direct impact on business. This year alone, the government, including President Emmerson Mnangagwa,…
ZECO Holdings (Zeco) expects improved business opportunities in the second half of the year supported by sustained macro-economic stability.The group specialises in steel fabrication and installation, manufacture of window frames and door frames and has moved into residential and commercial property development.In a statement accompanying the half year financials to June 30, 2025 group chairman…
THE introduction of a new Bill by the United States House of Representatives meant to repeal sanctions against Zimbabwe breathes renewed optimism into the country’s economic recovery and re-engagement efforts, experts have said.Section 303 of the bill repeals the Zimbabwe Democracy and Economic Recovery (ZIDERA) Act of 2001, as amended, Public Law 107-99 (115 Statute…
By Bothwell P. Nyajeka RECENTLY, I had a conversation with a young entrepreneur, barely 35, who has built a promising brand in the car rental space in Zimbabwe and now dreams of expanding into the region.As we spoke about how he could “corporatise” his operation, he paused and asked me:“Mukoma (my brother), I don’t understand…
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