NAMPAK Zimbabwe (Nampak) is anticipating stronger business performance in the second-half of the year driven by higher packaging requirements following a significant increase in national tobacco production. The group’s packaging business derives a substantial portion of its revenue from the tobacco industry. According to the Tobacco Industry and Marketing Board (TIMB) Zimbabwe is projected to…
GOLD deliveries to Fidelity Gold Refinery, Zimbabwe’s sole authorised gold buyer, refiner and exporter, rose to 3 951kilogrammes (kgs) in May 2026, up 18,8 percent from 3 325kg recorded in April and the highest monthly total so far this year. Small-scale miners accounted for 2 741kg, representing nearly 69 percent of total deliveries, while primary…
OLD Mutual Insurance Company’s profit before tax grew 208 percent on an annualised basis to ZiG101,4 million during the year ended December 31,2025 driven by growth in gross written premiums (GWP). GWP increased 12 percent year-on-year to ZiG1,14 billion on the back of growth in all revenue lines. Insurance revenue was up seven percent to…
A NEW global report has forecast a positive outlook for Zimbabwe’s gold industry on the back of sustained global demand driven by debt pressures, inflation and geopolitical risks. The ‘In Gold We Trust (IGWT) Report 2026’ recently released by US investment research firm Sound Money Capital says gold is gradually reclaiming a central role in…
CALEDONIA Mining Corporation has struck significant gold mineralisation at its Motapa exploration property that could extend the life of its Bilboes Gold Project in a combined mining operation. The group found several high-grade drill intersections, including 19 metres at 8,08 grammes per tonne (g/t) gold and 12 metres at 7,12g/t at Motapa North. The proximity…
Prisca Tshuma THE launch of the Zimbabwe Entrepreneurship Exchange (ZEEX) could ease access to long-term capital and help growth-focused firms expand, according to the Small and Medium Enterprises Association of Zimbabwe (SMEAZ). This follows the regulatory approval granted to Zimbabwe Stock Exchange Limited (ZSE) by the Securities and Exchange Commission of Zimbabwe (SECZim) to operationalise…
Kudzanai Gerede Companies and Markets Editor ZIMBABWE’s banking sector is accelerating its digital transformation drive, leveraging artificial intelligence, fintech innovations and automation to improve efficiency and enhance service delivery. The shift comes as banks face growing pressure to build resilience amid rising operating costs and policy shifts with implications on core revenue streams. The Reserve…
THE National Building Society Limited (NBS) has appointed Mukai Mahachi as its acting managing director following the retirement of Sifiso Mahlangu. Before her appointment, Mahachi served as the company’s chief finance officer. She takes over from Mahlangu, who led the institution since July 2024. Prior to joining NBS, Mahachi served as chief finance officer at…
THE inaugural Zimbabwe Industrialisation Conference and Expo 2026 will deliver practical, evidence-based solutions to structural bottlenecks that have historically hindered the country’s manufacturing sector, experts say. The Ministry of Industry…
By Lorreta Songola LIKE many others, Zimbabwe’s agriculture sector is under increasing pressure. Climate variability, unpredictable rainfall patterns, and limited access to modern infrastructure continue to challenge farmers in a…
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