Political football and the global economic impact
Open Forum Izak Odendaal THE 2026 FIFA World Cup has been a welcome distraction, but the “Football Unites the World” motto is a stretch. The world seems more divided than…
Open Forum Izak Odendaal THE 2026 FIFA World Cup has been a welcome distraction, but the “Football Unites the World” motto is a stretch. The world seems more divided than…
TAPIWA CHIRUME THE Reserve Bank of Zimbabwe (RBZ) has committed ZiG10 million to the inaugural Schools Monetary Policy Challenge to boost financial literacy in the country.Speaking at the official launch of the national competition in Harare on Friday night, RBZ governor John Mushayavanhu said the initiative was a long-term investment in developing an economically informed…
BRICK manufacturer Willdale says it is currently mobilising working capital to raise its plant capacity utilisation to at least 70 percent by end of year from current average of 40 percent. The group endured subdued production during the six months ended March 31, 2026, due to working capital constraints and liquidity challenges which significantly impacted…
FORMER Zimbabwe National Chamber of Commerce president and Zimbuild chief executive Tinashe Manzungu has stepped down from the Common Market for Eastern and Southern Africa (Comesa) Business Council after a six-year tenure on the regional body’s board of directors. During his tenure, he chaired the Finance, Risk and Audit Committee, where he led efforts to…
Thought Leadership Sithuthukile Sibanda FINANCIAL crime is rapidly evolving beyond a narrow regulatory concern confined to institutions’ compliance functions. Increasingly, anti-money laundering, countering the financing of terrorism and proliferation financing…
TIGERE Real Estate Investment Trust (REIT) plans to diversify its property portfolio this year through new acquisitions and upgrades as it seeks to reduce reliance on retail assets and boost returns. The trust is targeting both sectoral and geographical diversification to drive sustainable income growth, spread risk and improve returns for investors. The Zimbabwe Stock…
STAR Africa Corporation (Star Africa) is evaluating regional export opportunities as improved operational efficiencies and favourable cost structures have strengthened its competitiveness. Previously, the sugar refiner grappled with production inefficiencies due to antiquated plant machinery as a result of years of underinvestment. In a statement accompanying the group’s financial results, for the year ended March…
Kudzanai Gerede Companies & Markets Editor HIPPO Valley Estates (Hippo Valley) says rising production costs are squeezing margins despite improved financial performance, prompting management to intensify cost-cutting initiatives and operational efficiencies. The sugarcane producer said escalating labour, cane procurement and production costs remain its biggest challenge, threatening long-term profitability even as the company posted stronger…
LEADING automotive dealer CFAO Mobility is seeking to expand Suzuki’s presence in the local market with the launch of the new Suzuki Across mild-hybrid SUV, targeting consumers looking for affordable premium vehicles. The company says the launch of the Suzuki Across, which retails at US$34 000, forms part of a broader strategy to strengthen the…
CFI Holdings’ profit margins for the six months to March 31, 2026, were subdued due to heightened competition from the informal sector, which continued to exert downward pressure on pricing and profitability. This mirrors the dynamic shift in the economy where widespread informality is posing viability threats to formal businesses by setting lower price points.…
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