ANALYSTS have raised doubts over the government’s newly approved Integrated Provincial Special Economic Zones (IP-SEZs), warning the model could distort competition and repeat shortcomings that undermined previous SEZ programmes. This comes as the cabinet this week approved the framework for the establishment of IP-SEZ under the Zimbabwe Investment and Development Agency Act with a view…
INNSCOR Africa (Innscor) has embarked on a four-year phased upgrade of its Colcom Foods processing plant as it races to match rising demand for both its fresh and processed pork offerings. The group has been steadily modernising its wholly owned Colcom division, which comprises two operating units, Colcom Foods and Triple C Pigs. In a…
IMPROVED tenant collections and rising rental income lifted First Mutual Properties (FMP)’s net property income by 30 percent year-on-year during the first quarter ended March 31, 2026, despite headwinds in the property market. The property firm, a subsidiary of First Mutual Holdings, saw its net property income increasing to US$1,34 million from US$1,03 million in…
ZIMBABWE’S recent inflation performance offers something this economy has too often lacked, evidence that disciplined policymaking can still deliver stability, even in the face of external turbulence. As fresh price pressures swept through…
SOUTH AFRICAN retailer Pick n Pay says continued losses at its Zimbabwean associate, TM Supermarkets, remained a drag on group earnings during the year ended March 1, 2026, despite the reduction in the prior year’s deficit. In its full-year financial results statement, Pick n Pay said its 49 percent investment in TM Supermarkets has remained…
ZIMRE Holdings (Zimre) recorded a 41 percent increase in total income for the quarter ended March 31, 2026, driven by strong insurance revenue growth and positive investment income from fair value gains on financial assets. The group’s total income rose to US$29,67 million from US$20,97 million recorded in the comparable period last year, reflecting improved…
ZIMPLOW Holdings (Zimplow) returned to profitability in the first quarter ended March 31, 2026, as structural reforms, stronger agricultural activity and improved after-sales revenues boosted performance across its business units. The group recorded a profit of US$114 921 during the quarter under review, compared to a loss of US$596,424 in the same period last year,…
THE Tobacco Industry and Marketing Board (TIMB) reports that tobacco sales have reached US$696 million from 275 million kilogrammes sold during the current marketing season. In an update, the TIMB noted that the tobacco marketing season had reached its peak, with farmers beginning to calculate their earnings and prepare for the next production cycle. The…
RAINBOW Tourism Group (RTG) has secured two internationally recognised management system certifications, marking a first for the country’s tourism sector. The group was simultaneously awarded ISO/IEC 27001:2022 (Information Security Management System) and ISO 22301:2019 (Business Continuity Management System) certifications. The dual award makes RTG the only hospitality company in Zimbabwe to achieve both standards concurrently,…
FASTJET Zimbabwe has been appointed the official airline partner for the 2026 edition of the Agricultural Dealers and Manufacturers Association Agricultural Show (ADMA) exhibition and trade showcase scheduled for the 4th to the 6th of next month in Harare. The annual ADMA exhibition is one of Africa’s leading agricultural industry platforms, bringing together farmers, agribusinesses,…
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