PPC Zimbabwe (PPC) recorded a 22 percent increase in cement volumes for the 10 months to December 31, 2025, underpinned by sustained strong demand from both industrial and retail customers. The performance reflects firm activity in the domestic construction sector, which continues to support growth in cement consumption. In a trading update, PPC Limited, the…
THE hospitality sector is grappling with a shortage of hotel rooms as rising demand from corporate events and tourism continues to outstrip available capacity, Hospitality Association of Zimbabwe president Emmah Kativu has said. The pressure comes as the industry steadily returns to pre-pandemic business patterns, with stronger bookings and higher occupancy levels across key destinations.…
ZIMBABWE’s foreign currency earnings increased by 77 percent to US$3,35 billion during the first two months to February 2026 from US$1,89 billion for the comparable period in 2025, driven by mining exports. The Reserve Bank of Zimbabwe said the total foreign currency inflows reflect a strong export performance, mainly driven by mining exports, particularly gold…
THE government is considering increasing the ethanol blending ratio in petrol from the current E5 to E20 as part of efforts to cushion consumers from rising fuel prices triggered by the ongoing conflict in the Middle East. The proposed adjustment aims to reduce the country’s reliance on imported fuel, whose prices have remained volatile due…
CALEDONIA Mining Corporation (Caledonia) has reported a whopping 486 percent year-on-year increase in free cash flow to US$62,1 million for the year ended December 31, 2025, driven by disciplined cost control and a surge in gold prices. The strong cash generation allowed the company to swing from a net debt position of US$8,7 million to…
ECONET Wireless Zimbabwe’s spinoff, Econet InfraCo, is set to list on the Victoria Falls Stock Exchange (VFEX) next Tuesday. The telecommunications giant recently valued its newly-established infrastructure, energy and real estate-focused company at approximately US$1 billion ahead of its listing by way of introduction on March 31, 2026. The creation of Econet InfraCo aligns with…
BRITISH American Tobacco (BAT) Zimbabwe expects a significant increase in profitability for the year ended December 31, 2025, driven by improved currency stability and the absence of prior-year exchange losses. In a cautionary statement to shareholders, the group said its upcoming results will materially outperform 2024, a period weighed down by foreign exchange losses and…
THE Reserve Bank of Zimbabwe (RBZ) has temporarily suspended the 90 percent export retention threshold for small-scale gold miners, citing significant operational challenges and banking bottlenecks. Last month, the central bank announced that artisanal and small-scale gold miners were set to receive 90 percent of their proceeds in foreign currency, with the remaining 10 percent…
CABLE manufacturer Cafca is recalibrating its regional strategy, pivoting toward direct business-to-business (B2B) sales as it seeks to revive export earnings and strengthen its foothold across southern and eastern Africa. The move comes as the firm navigates a complex operating environment marked by currency volatility, intensifying competition and elevated logistics costs, which have collectively eroded…
TANGANDA Tea Company (Tanganda) increased funding for its tea out-growers scheme to US$283 696 for the year ended September 30, 2025, marking a 2,46 percent rise from US$276 864 in the prior year. The diversified agro-industrial group has an excess of 1 000 farmers affiliated to its out-growers scheme. “This assistance directly benefits small-scale farmers…
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