EDGARS Stores’ manufacturing unit, Carousel, grew units supplied to retail chains by 47 percent to 448 000 during the 52 weeks, which ended on January 4, 2026, as investment in internal production paid off. The group wants to control the inventory supply chain by equipping its Bulawayo-based manufacturing unit having previously encountered disruptions from external…
WESTPROP Holdings (WestProp)’s income grew 19 percent to US$34,64 million during the year ended December 31, 2025, from US$29 million in 2024, supported by firm demand across its residential developments. This was despite cost pressures and material shortages that slowed projects execution. “This growth was primarily driven by demand across key residential estates, including Pomona…
ARISTON Holdings (Ariston) says it is intensifying efforts to restore profitability through cost containment, production efficiency and improved pricing strategies. The measures resulted in the agro-industrial firm being able to cut its loss for the year ending September 30, 2025, to US$3,1 million from US$4,3 million prior year. Ariston chairman Michael Bailey in a statement…
ZIMRE Holdings (ZimRe) will break ground on a new Victoria Falls hotel within the next three months as part of an US$80 million property investment pipeline, the company’s chief executive Stanley Kudenga has said. The Victoria Falls development, expected to cost about US$59 million, will anchor the investment drive and form part of a multi-use…
CALEDONIA Mining Corporation’s gold production for the first quarter ended March 31, 2026, fell 21 percent to 14 767 ounces from 18 671 ounces a year ago, owing to operational constraints and planned mining sequencing. The company indicated that the lower output had been anticipated, as mining activities during the period focused on areas with…
ZIMBABWE’S microfinance sector’s portfolio at risk increased to 10,68 percent as at December 31, 2025, from 10,53 percent in June of the same year, reflecting elevated credit risk, latest data shows. The figure remains more than double the international benchmark of five percent. “Over indebtedness on the part of the microfinance clients and weak credit…
REVITUS real estate investment trust net asset value reached US$25,02 million during the year ended December 31, 2025, up 20 percent from US$20,85 million in 2024, driven by renovation works on properties. Extensive elevator refurbishments completed at Electra House and Africa House in the last quarter of 2025 enhanced the appeal of upper floors for…
ZIMBABWE’s debt resolution and arrears clearance programme remains fragile, threatened by public finance leakages, a ballooning domestic debt, and legislative actions that could derail international goodwill, experts say. The developments come as minister of Finance Mthuli Ncube said Zimbabwe has made progress on its arrears clearance roadmap and is now engaging champions to support the…
THE government says the Agriculture Food Systems Rural Transformation Strategy 2 will accelerate the issuance of bankable, registrable and transferable title deeds, as part of efforts to improve access to funding for farmers. Zimbabwe is implementing a new land tenure system, shifting from 99-year leases to bankable, registrable, and transferable title deeds for A1 and…
LOCAL companies are ramping up massive capital projects supported by stable macroeconomic conditions, deepening capital markets and strong US dollar cash flows. Recent financial statements from companies listed on the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange (VFEX) show that businesses are prioritising growth through reinvestment. Companies such as Edgars Stores, Tanganda Tea…
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