THE Mutapa Investment Fund (MIF) plans to establish a real estate investment trust (REIT) through its real estate cluster that will unlock value from its extensive portfolio of underutilised properties and land banks. In its inaugural annual report and financial statements for the period September 19, 2023, to December 31, 2024, released last week, MIF…
CFI Holdings (CFI) expects measures put in place to ease procurement of key raw materials to improve efficiency and group competitiveness. The diversified agro-industrial concern has previously encountered procurement challenges, primarily related to grain supplies caused by drought conditions, resulting in additional cost build up. To mitigate these risks, the group said it is developing…
By Leonita Mhishi AS Zimbabwe’s economy cautiously navigates a period of stabilisation heading into 2026, the outlook for its real estate market is drawing intense interest from investors, developers, and would-be homeowners, presenting a landscape that is simultaneously rich in opportunity and laden with risk. Over the past five years, property prices in urban Zimbabwe…
PFUMA Fund Real Estate Investment Trust (REIT) is set to list on the Victoria Falls Stock Exchange (VFEX) with a net asset value of US$23,74 million. Big Poppas, a joint venture vehicle formed in 2021 for commercial property development, seeded two properties into the REIT through its subsidiaries, Blue Elf Investments and Farmhouse Company. The…
PLAYERS in the clothing industry have voiced strong opposition to the increase in import duty on polyester and polycotton fabrics, warning this will jeopardise recent gains in the sector. In the 2026 budget, Finance Minister Mthuli Ncube proposed an increase in import duty on certain fabrics, specifically polyester staple fibre and dyed woven cotton, to…
TANGANDA Tea Company (Tanganda) anticipates improved fortunes this year, riding on the currently stable macroeconomic environment, healthier plantations and planned investments to support operations. This comes after the tea grower plunged into a US$4,2 million loss in the year ended September 2025 which it attributed to a challenging operating environment and the impact of the…
JOB hirings within the micro, small, and medium enterprises (MSMEs) sector have largely been subdued, as players focus on survival rather than expansion, a new sectoral report shows. According to the 2025 State of the MSME Sector Report, released late last year, there is a general reluctance to scale up the workforce within this economic…
ZIMBABWE’s gold output for 2025 set a new record of 46,73 tonnes, which was 28 percent above prior year levels of 36,48 tonnes, supported by record high prices and sustained government support, latest figures show. This was above the government target of 40 tonnes. According to data from Fidelity Printers and Refiners, small-scale producers contributed…
KARO Mining Holdings says improved platinum prices enhanced the viability and confidence around the debt financing capacity of its platinum project in Zimbabwe. The project, with a funding requirement of US$499 million, saw construction work delayed due to a significant platinum price decline in 2024. Prices, however, improved by 45 percent in 2025 to US$1…
TIGERE Property Fund is targeting to raise its dividend payout to unitholders to at least US$1 million per quarter in 2026, almost double the average quarterly rate in 2025. This comes as the fund expects its full year 2025 distributable earnings to breach US$2,3 million, driven by yield-accretive acquisitions and strong tenant trading performance. Unitholders…
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