ARISTON Holdings (Ariston) is pursuing funding support, debt restructuring and operational recovery measures to sustain operations and strengthen its financial position, according to its 2025 annual report. The group’s directors said they had prepared cash flow forecasts covering at least 12 months from the approval date of the financial statements, assessing the company’s ability to…
BRITISH American Tobacco (BAT) Zimbabwe implemented cost-containment measures and strategic price adjustments during the first quarter ended March 31, 2026, to protect margins against rising costs. As a result, the cigarette manufacturer recorded a 29 percent decrease in operating costs during the period, enabling it to absorb rising input costs and remain profitable despite a…
TREASURY recently introduced zero-cost bank accounts for micro, small and medium-sized enterprises (MSMEs) in a move aimed at promoting formalisation and financial inclusion within the sector. However, speaking to our Deputy Editor, Tendai Kamhungira (TK), the chief executive officer of the Small and Medium Enterprises Association of Zimbabwe, Farai Mutambanengwe (FM), said the measure would…
THE Consumer Council of Zimbabwe (CCZ) says the family basket increased to US$616,43 in March after higher transport and fuel costs pushed up household expenses. In its latest publication, the CCZ said moderate fuel price increases emerged in early March before rising sharply during the weeks ending 20 March and 27 March 2026. By the…
By Brody Ford and Matt Day, Bloomberg Microsoft Corp. launched new artificial intelligence software designed to function like an always-active executive assistant, the latest evolution of its workplace AI efforts. While…
By Mpho Hlakudi, Bloomberg South Africa’s rand is back near the top of the carry-trade table after languishing close to the bottom in the weeks following the outbreak of the Iran…
FIRST Capital Bank Zimbabwe (FCB) has officially launched its nationwide Deposit & Drive Campaign, allowing customers to drive away in one of the many trucks to be won simply by…
Prisca Tshuma and Mishma Chakanyuka ZIMBABWE remains on course to maintain single-digit inflation for the rest of this year, provided that authorities stay the course on their current policy discipline, economic analysts say. This comes after the Zimbabwe National Statistics Agency released data last week which showed that annual ZiG inflation eased to 4,4 percent…
THE Small and Medium Enterprises Development Corporation (SMEDCO) says it is actively helping micro, small and medium enterprises (MSMEs) adopt mechanisation through financing for machinery and equipment, among other initiatives.…
ZIMBABWE’s trade deficit widened by 15,9 percent to US$169,6 million in April 2026. This comes as exports fell more quickly than imports, reflecting weaker mineral shipments and continued dependence on imported fuel, machinery and industrial supplies. The trade deficit stood at US$146,4 million in March. According to trade statistics released by the Zimbabwe National Statistics…
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