THE Small and Medium Enterprises Development Corporation (SMEDCO) says it is actively helping micro, small and medium enterprises (MSMEs) adopt mechanisation through financing for machinery and equipment, among other initiatives.…
ZIMBABWE’s trade deficit widened by 15,9 percent to US$169,6 million in April 2026. This comes as exports fell more quickly than imports, reflecting weaker mineral shipments and continued dependence on imported fuel, machinery and industrial supplies. The trade deficit stood at US$146,4 million in March. According to trade statistics released by the Zimbabwe National Statistics…
THE Zimbabwe Stock Exchange (ZSE) has relaxed key listing requirements for the next 36 months to attract new issuers, improve market liquidity and lower the cost of accessing domestic capital markets. In a practice note issued this week, ZSE chief executive Justin Bgoni said the new measures, effective from June 1, 2026, are also designed…
FIRST Mutual Properties (FMP) shareholders overwhelmingly voted in favour of the company’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE) at an extraordinary general meeting held this week Tuesday. This paves way for the property firm to become a privately held entity under its majority shareholder, First Mutual Holdings (FMH). Shareholders voted in favour of…
HR Perspective with MEMORY NGUWI Many organizations only begin to worry about salary competitiveness after they start losing good employees. By the time resignations begin increasing, the business is often…
NMBZ Holdings is expanding its lending portfolio to strengthen interest income as regulatory fee cuts introduced by the Reserve Bank of Zimbabwe (RBZ) threaten revenue from traditional banking charges. The RBZ, in a bid to encourage formal banking, recently lowered bank charges by capping cash withdrawal fees at two percent from an industry average of…
ZIMBABWEAN listed companies are increasingly pursuing share buybacks, reflecting confidence in underlying business fundamentals and an undervalued market. This month alone, gold producer Padenga Holdings, property developer Mashonaland Holdings and diversified group TSL are all set to table proposals at their respective annual general meetings for authorisation of share buybacks of up to 10 percent…
GODFREY NYONI ZIMBABWE is steadily moving towards a more digital economy. Every day, more people are using the internet to access banking services, shop online, apply for jobs, study through…
CAFCA lost 324 production hours during the six months ended March 31, 2026, up from 99 hours recorded prior year as persistent power quality challenges worsened despite improved electricity availability. Voltage fluctuations are emerging as costly threats, affecting equipment performance, disrupting operations and increasing maintenance bills. Experts say ageing infrastructure at state-owned utility company, ZESA,…
Open Forum Eddie Cross IN OUR short 133 year history, we have survived a number of crisis points and, in the process, built a small, diversified economy that looks after its population and provides a decent living for many. The tragedy is that so many of these times of crisis have been created by our…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More