TIGERE Real Estate Investment Trust (REIT) is set to acquire four additional real estate assets this year in addition to planned redevelopments at Highland Park as it accelerates its property portfolio expansion strategy. The REIT is targeting to grow its net asset value to US$100 million by the end of this year from US$59,3 million…
NMBZ Holdings (NMBZ) says core interest income now contributes about 30 percent of total revenue, underpinned by expanding lending activity supported by new credit lines The bank is increasing its focus on export-oriented sectors as it strengthens its funding pipeline and deploys capital into productive industries such as agriculture, mining and horticulture. NMBZ chief executive…
AUTHORITIES have warned that the country’s economic outlook faces mounting risks if the Middle East conflict persists, citing potential strain on public finances, rising inflationary pressures and slower growth. Zimbabwe, which relies heavily on imported fuel, remains increasingly exposed to global oil market disruptions triggered by escalating tensions involving the United States of America, Israel…
MASIMBA Holdings (Masimba) revenue from private sector projects grew to 56 percent during the year ended December 31, 2025, from 46 percent a year earlier as efforts to minimise public sector reliance paid off, driving overall earnings. As a result, group revenue for the period grew by 9,6 percent year-on-year to US$61,5 million from US$56,1…
CBZ AgroYield has set aside US$10 million towards the 2026 winter wheat programme in addition to a US$15 million investment in the 2025/26 summer cropping season, reinforcing its growing role in agricultural financing. The unit, which transitioned from a government-backed command agriculture model to a private sector-driven operation in 2022, has since evolved into a…
MUTAPA Investment Fund (MIF) total assets reached US$16,5 billion in 2025, a 10,7 percent increase from US$14,9 billion in 2024, supported by core investments, loans expansion and soaring securities portfolio. In its financial results for the year ended December 31, 2025, the country’s sovereign wealth fund saw funds and reserves grow to US$15,2 billion, demonstrating…
THE World Bank has cut Zimbabwe’s growth forecast to 4,6 percent this year, from five percent projected in January, warning that downside risks are increasing. The Bretton Woods institution’s projection is slightly higher than that of the African Development Bank, which anticipates a 4,5 percent real GDP growth, but lower than the government and the…
FIRST Mutual Properties (FMP) plans to scale up investment in the retail property segment, citing strong returns and growing demand for modern commercial spaces. The move comes as Zimbabwe’s retail property sector gains momentum, driven by the expansion of suburban shopping centres, formalisation of small-to-medium enterprise retail spaces and increasing interest in income-generating real estate…
UNIFREIGHT Africa (Unifreight)’s total income reached ZiG1,3 billion during the period ended December 31, 2025, up 75 percent from ZiG 743 million in the prior year, driven by growth in the logistics business and expansion across regional trade corridors. The transport and logistics firm reported rising contributions from its cross-border operations and fourth-party logistics (4PL)…
RISING investor appetite for inflation-hedged assets, alongside improved infrastructure development, is driving demand in the property sector, a new report shows. Zimbabwe introduced Real Estate Investment Trusts (REITs) in 2020 to deepen capital markets and expand property investment options. The country now has four listed REITs: Tigere Property Fund and Revitus on the ZSE, and…
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