Dairibord shares stable amid ownership shake-up

DAIRIBORD Holdings’ share price has remained firm despite uncertainty surrounding a proposed ownership restructuring that could see a new investor assume control of the dairy processor. Shareholders comprising Equivest Asset Management, Mega Market and Mutare Mart & Exchange with more than 51 percent in the group are seeking to dispose of their combined stake in…

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Seed Co intensifies market expansion

SEED CO International says it is leveraging its expanding market presence, strong brand and climate-smart seed portfolio to drive growth. This comes as the regional seed supplier has been making inroads into the east and west African markets. In a statement accompanying its financial re­sults for the year ended March 31, 2026, Seed Co chief…

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Meikles’ hospitality assets disposal talks continue

MEIKLES Limited says negotiations over the disposal of its remaining hospitality assets are still ongoing, with the company expected to seek shareholder approval for the proposed transaction at an extraordinary general meeting to be convened in due course. The group, in its latest update to shareholders said discussions remain in progress following earlier announcements regarding…

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Econet commits US$200m to network capacity investment

Econet Wireless Zimbabwe is investing more than US$200 million to expand network capacity, enhance service quality and reduce disruptions caused by persistent power challenges. The investment comes as rapidly rising demand for mobile data continues to place increasing pressure on telecommunications infrastructure, driven by growing smartphone adoption, video streaming, digital services and greater reliance on…

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Sole ZiG use push flatlining: Analysts

ZIMBABWE’s quests to achieve a mo­no-currency economy in the medium term are losing momentum, notwith­standing the recent substantial growth in the country’s foreign currency reserves, analysts say. This comes as the Reserve Bank of Zimbabwe (RBZ) has identified the further accumulation of reserves as one of the key conditions precedent that will foster the gradual…

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Industrialisation Indaba set for next week

THE inaugural Zimbabwe Industri­alisation Conference and Expo 2026 will kick off next week to deliver practical, evidence-based solutions to structural bottlenecks that have historically hindered the country’s manufacturing sector. The Ministry of Industry and Commerce partnered with Africa Economic Development Strategies and ZimTrade to host the confer­ence, which aims to advance the country’s industrial transformation…

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‘Promote dual listings to curb ZSE exits’

AUTHORITIES should promote dual list­ings to stem the migration of companies from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX), a local think tank has said. The call comes amid growing concerns over the shrinking relevance of the ZSE, which has lost more than a dozen counters to the…

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Old Mutual set for VFEX move

OLD Mutual will migrate its secondary listing from the Zim­babwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), ending six years of suspended trading for Zimbabwean shareholders and providing access to a US dollar-denominated market. The group’s shares have remained suspended since June 2020 after the government halted trading on the ZSE to…

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