AS Zimbabwe turns the page on the first phase of its National Development Strategy 1 (NDS1), the time has come for sober reflection and renewed determination. The programme’s completion marks an important milestone on the country’s path towards Vision 2030, and while NDS1 was far from flawless, it undeniably provided the scaffolding upon which the…
NAMIB Minerals says it is focusing on stabilising grade performance and completing throughput capacity improvements at How Mine. According to the group, these improvements are expected to yield geared production and grades in the upcoming year. “The company expects 2025 to continue as a year of grade consolidation and optimisation at its flagship How Mine…
Charlotte Malakoff THERE is a hot new restaurant in Pomona, on the corner of Alpes Road and Harare Drive. Once considered the back of beyond and populated by informal traders,…
DELTA Corporation’s revenue increased by 32 percent to US$514 million during the half-year to September 30, 2025, from US$389 million recorded in the prior period, driven by volume growth across the Zimbabwe business units. The beverage maker said the growth was also reflective of the inclusion of Schweppes as a subsidiary. Schweppes was consolidated into…
TURNALL Holdings (Turnall) is projected to break-even at the operating profit level by the end of the year, supported by increased revenue, improved factory operational efficiency and a stable macro-operating environment. The Zimbabwe Stock Exchange-listed fibre cement roofing material maker has recently been struggling for profitability due to inefficient plant and machinery owing to years…
OK ZIMBABWE is planning an extensive staff retraining programme to restore retail skills that had diminished due to the group’s operational decline and subsequent high employee turnover. At the peak of its challenges last year, stock levels contracted to below 30 percent of store capacity as creditors slashed supplies, impacting normal operations, including staff morale.…
SINOHYDRO Zimbabwe says it is voluntarily winding up operations and will apply for deregistration in accordance with the country’s laws. The engineering firm has previously been awarded multi-million dollar contracts, which include Kariba South extension and Hwange Power Station. “All persons having any claims or obligations against the company are hereby required to submit written…
A NUMBER of outstanding Zimbabwean corporates and entrepreneurs in the infrastructural, technology and service sectors are due to be honoured at the third Global Business Achievers Network awards ceremony in…
By Bothwell Nyajeka LAST Thursday, November 6, I was a speaker at a webinar on “Understanding the Role and Relevance of Credit Ratings in Strengthening Corporate Governance and Market Confidence”. The discussions took me back nearly two decades — to a time when corporate paper issuances were common in Zimbabwe, and companies regularly engaged credit…
THE Zimbabwe Revenue Authority (Zimra) has exceeded its mid-year net revenue collection target, driven by stronger taxpayer compliance and ongoing reforms to boost efficiency. Throughout the year, Zimra enhanced its tax compliance culture through a broad strategy centred on digital modernisation, risk-based audits, employee training, and greater internal accountability. Key measures included upgrading digital monitoring…
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