When inheritance waits, families lose

Leonita Mhishi DEATH has a way of freezing time. The day a loved one dies, families are consumed by grief, funeral arrangements and unanswered questions about tomorrow. Yet for many Zimbabweans, the mourning does not end when the last shovel of soil is placed on the grave. It lingers for months, some­times years, trapped in…

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High schools lock horns in ZiG10m RBZ challenge

TAPIWA CHIRUME THE Reserve Bank of Zimbabwe (RBZ) has committed ZiG10 million to the inaugural Schools Monetary Policy Challenge to boost financial literacy in the country.Speaking at the official launch of the national competition in Harare on Friday night, RBZ governor John Mushayavanhu said the initiative was a long-term investment in developing an economically informed…

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Willdale seeks capacity expansion

BRICK manufacturer Willdale says it is currently mobilising working capital to raise its plant capacity utilisation to at least 70 percent by end of year from current average of 40 percent. The group endured subdued pro­duction during the six months end­ed March 31, 2026, due to working capital constraints and liquidity chal­lenges which significantly impacted…

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Manzungu steps down from the COMESA Business Council

FORMER Zimbabwe National Chamber of Commerce president and Zimbuild chief executive Tinashe Manzungu has stepped down from the Common Market for Eastern and Southern Africa (Comesa) Business Council after a six-year tenure on the regional body’s board of directors. During his tenure, he chaired the Finance, Risk and Audit Committee, where he led efforts to…

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Tigere REIT to diversify portfolio

TIGERE Real Estate Investment Trust (REIT) plans to diversify its property portfolio this year through new acquisitions and upgrades as it seeks to reduce reliance on retail assets and boost returns. The trust is targeting both sectoral and geo­graphical diversification to drive sustainable income growth, spread risk and improve returns for investors. The Zimbabwe Stock…

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Star Africa targets regional exports

STAR Africa Corporation (Star Africa) is evaluating regional export opportunities as improved operational efficiencies and favourable cost structures have strength­ened its competitiveness. Previously, the sugar refiner grappled with produc­tion inefficiencies due to antiquated plant machinery as a result of years of underinvestment. In a statement accompanying the group’s financial results, for the year ended March…

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Hippo Valley battles mounting cost pressures

Kudzanai Gerede Companies & Markets Editor HIPPO Valley Estates (Hippo Valley) says rising production costs are squeezing margins despite improved financial performance, prompting man­agement to intensify cost-cutting initiatives and operational efficiencies. The sugarcane producer said escalating labour, cane pro­curement and production costs remain its biggest challenge, threatening long-term profitability even as the company posted stronger…

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