PR is not what you say, it’s what people remember:

The three Ps that shape public relations Kevin Mwenye THERE is something about reputa­tion in Africa that has always fasci­nated me. Long before social me­dia gave us impressions, reach and engagement rates, people already knew how to build a reputation. It travelled through conversations, re­lationships and recommendations. You could ask about a business in one…

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Zimbabwe property’s global test

Leonita Mhishi ZIMBABWE’S property mar­ket has never suffered from a shortage of ambition. From the mushrooming cluster homes of Harare’s northern suburbs to new shopping centres, warehouses, office parks and mixed-use developments, the country has plenty of evidence that Zimbabweans believe in bricks and mortar. What remains less certain is whether the market can persuade…

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Cancellation of VAT registration

Simbarashe Hamudi THE cancellation of Value Added Tax (VAT) registration for reg­istered operators is an important part of tax administration, ensuring that only businesses and individuals who meet the legal requirements remain on the tax register. Under the provisions governing cancellation of registration, a VAT reg­istered operator may cease to be liable for registration when…

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Group takes full ownership of Transerv

AXIA Corporation (Axia) has acquired the remaining 12,25 percent stake in automotive spares retailer, Transerv’s mi­nority shareholders, taking its effective shareholding in the business to 100 percent. The transaction, disclosed by Axia in its full year results published last week and which took effect on June 1, 2026, had a purchase consideration of US$1,08 million,…

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Kavango flags funding risk

KAVANGO Resources plc says its gold and copper ex­ploration plans in the region remain dependent on rais­ing additional capital, despite narrowing its interim loss on the back of increased output at its Zimbabwe mine. The AIM and VFEX-listed miner warned it would need additional funding to sustain project spending through 2027. Kavango reported a loss…

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CABS ramps up agriculture funding

CABS says it invested up to US$96 million in agriculture during the first half of this year, representing 28 percent of its total loan portfolio as it targets in­creased funding to the sector follow­ing a major credit facility. This comes after the bank re­corded 33 percent growth in loans and advances to ZiG9,02 billion (roughly…

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Axia plans 15 additional shops

AXIA Corporation (Axia) plans to open 15 new retail outlets in the short-term and build a distri­bution centre in Sunway City, riding on strong cash generation from operations. The group generated US$26,013 million in cash from operations in the year ended June 30, 2026, a 67 percent increase from the previous year, supported by higher…

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Tanganda faces gloomy outlook

TANGANDA Tea Company’s financial recovery is set to face an immediate setback as its upcoming avocado and macadamia harvests are projected to deliver poor yields, its major shareholder has said. Innscor Africa, which recently took control of Tanganda through its beverage subsidiary Rutanhi Beverages, said the poor harvest will weigh on the tea grower’s results…

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Innscor commits US$139m to capex

INNSCOR Africa (Innscor) has committed US$139 million to capital expenditure in the 2027 financial year as it steps up investment in production capacity across its businesses. The latest major capital push is aimed at strength­ening its capacity to meet growing consumer de­mand and consolidate its leading market position in the light manufacturing and fast-moving consumer…

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