The science of hiring

HR Perspective with MEMORY NGUWI HIRING remains one of the most consequential de­cisions any leader will ever make. The people an organisation hires ultimately determine its ability to execute strategy,…

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ZSE, VFEX extend bull run

LOCAL equities continued their rally in May driven by strong investor demand amid improving macroeconomic stability and corporate earnings expectations. Both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) have had a good start to the year as investors target companies with strong business fundamentals. According to investment an­alysts, FBC Securities,…

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Diversify economy or suffer: Analysts

Prisca Tshuma and Mishma Chakanyuka ECONOMIC experts have sounded the alarm over the local economy’s heavy reliance on the key metals sec­tor. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts warned this week that this over-dependence on metals meant that the…

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Strong tobacco output boosts Nampak

NAMPAK Zimbabwe (Nam­pak) is anticipating stronger business performance in the second-half of the year driven by higher packaging requirements fol­lowing a significant increase in na­tional tobacco production. The group’s packaging business derives a substantial portion of its revenue from the tobacco industry. According to the Tobacco Indus­try and Marketing Board (TIMB) Zimbabwe is projected to…

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Gold deliveries tick up

GOLD deliveries to Fidelity Gold Refinery, Zimbabwe’s sole authorised gold buyer, refiner and exporter, rose to 3 951kilogrammes (kgs) in May 2026, up 18,8 percent from 3 325kg recorded in April and the highest monthly total so far this year. Small-scale miners accounted for 2 741kg, representing nearly 69 percent of total deliveries, while primary…

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Old Mutual Insurance profit surges

OLD Mutual Insurance Company’s profit before tax grew 208 percent on an annualised basis to ZiG101,4 million during the year ended December 31,2025 driven by growth in gross written premiums (GWP). GWP increased 12 percent year-on-year to ZiG1,14 billion on the back of growth in all revenue lines. Insurance revenue was up seven percent to…

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Bright gold prospects for Zimbabwe

A NEW global report has fore­cast a positive outlook for Zimbabwe’s gold industry on the back of sustained global de­mand driven by debt pressures, infla­tion and geopolitical risks. The ‘In Gold We Trust (IGWT) Report 2026’ recently released by US investment research firm Sound Money Capital says gold is gradual­ly reclaiming a central role in…

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Caledonia strikes high-grade gold

CALEDONIA Mining Corporation has struck significant gold mineralisation at its Motapa exploration property that could ex­tend the life of its Bilboes Gold Project in a combined mining operation. The group found several high-grade drill intersections, includ­ing 19 metres at 8,08 grammes per tonne (g/t) gold and 12 metres at 7,12g/t at Motapa North. The proximity…

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‘SME bourse to unlock growth capital’

Prisca Tshuma THE launch of the Zimbabwe Entrepreneurship Exchange (ZEEX) could ease access to long-term capital and help growth-focused firms expand, according to the Small and Medium Enter­prises Association of Zimbabwe (SMEAZ). This follows the regulatory approval granted to Zimbabwe Stock Exchange Limited (ZSE) by the Securities and Exchange Commission of Zimba­bwe (SECZim) to operationalise…

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