ZB Financial Holdings (ZBFH) grew its total asset base by 104 percent to reach ZiG14,382 billion during the year ended December 31, 2024 compared to ZiG7,062 billion a year earlier bolstered by additions and fair value adjustments to investment properties portfolio.ZBFH is a diversified financial services group with a portfolio stretching across banking, insurance, and…
ZIMTRADE aims to have women make a significant contribution to exports by 2030. The national trade development and promotion body is working to support new female-owned businesses and increase their export activity. Speaking at the Next SHE Exporter high tea event in Harare recently, ZimTrade chief executive, Allan Majuru, said that globally, although women own…
By Mohamed Jassat IN the fast-paced and ever-evolving world of global commerce, success is often measured not just in figures and forecasts but in relationships and respect. As Zimbabwe continues to position itself as a formidable player on the international stage, it becomes increasingly important for our business community to understand and embrace the cultural…
ZIMBABWE’S mining sector has long been a significant contributor to the country’s economy, with mineral exports accounting for a substantial portion of its Gross Domestic Product (GDP). Mining royalties are a critical component of Zimbabwe’s fiscal landscape, forming a key source of revenue from the country’s vast natural resources.Recent legislative changes by the Minister of…
IS there a more expressive way of saying ‘I love you’, ‘I’m sorry’ or ‘thank you’ than giving someone a freshly cut bouquet of flowers? Symbols of peace, love and…
By Shephard Kembo ENTREPRENEURSHIP has long been a subject of debate, especially when it comes to the question: Are entrepreneurs born with innate traits, or are they shaped by exposures, experiences, training and or education?While some argue that natural-born entrepreneurs possess an inherent ability to take risks and innovate, others believe that entrepreneurship is a…
CBZ Holdings (CBZ), is leveraging its 35 percent stake in the Zimbabwe Mercantile Exchange (ZMX) to position itself as a key player in the development of a robust commodity exchange ecosystem, both domestically and across the region, a top company executive has said.The group has been instrumental in agricultural financing and economic development initiatives.In an…
SURGING gold prices, which continue to hit all-time highs and have now comfortably breached the US$3 100 per ounce level, are breathing new life into Zimbabwe’s ailing economy.The stunning upswing in the precious yellow metal’s prices is being driven by heightened global uncertainty and fear of inflation that has been stoked by US President Donald…
MASHONALAND Holdings (Mash Holdings) recorded a 12 percent increase in revenue to US$7 million for the year ended December 31, 2024 as growth in rental income was driven by effective voids management, rent reviews and property upgrades.During the year, the group’s rental income improved to US$5,6 million from US$4,9 million in 2023 supported by “portfolio…
ZIMBABWE’S trade deficit jumped to US$217,7 million in February 2025, as both imports and exports continued to decline.This comes as low production has hampered the country, and the informal sector has flooded the market with smuggled goods, which disproportionately burdens manufacturers with taxes and other costs.Consequently, retailers import many products to cut operating expenses.The Zimbabwe…
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