TRADING on the Zimbabwe Stock Exchange (ZSE) remains concentrated among a few blue-chip counters, exposing the market to structural risks as investors tread cautiously amid market uncertainties.This comes as the country’s primary bourse faces an unpredictable outlook marked by the recent spate of de-listings, the inability to attract new listings, and erosion of stocks’ price…

THE People’s Own Savings Bank (POSB) has set aside US$8,7 million over the next three years to support schools, educators, SMEs and households, in installing solar energy systems and Starlink internet services.The bank is targeting to power at least 400 schools, 2,700 households, and 400 small and medium enterprises across the country by 2027.The facility…

WESTPROP Holdings (WestProp) is aiming at growing its portfolio of higher-margin developments to enhance profitability in the medium to long term, amid mounting operational costs.The Victoria Falls Stock Exchange-listed property firm has several luxury developments at various stages of completion, which include The Mall of Zimbabwe and the Radisson Millennium Heights Aparthotel.“High demand has been…

NATIONAL Foods (NatFoods) recorded an aggregate volume growth of 18 percent during the year ended June 30, 2025, thanks to improved availability of key raw materials.A subsidiary of Innscor Africa, NatFoods relies on locally-sourced agricultural raw materials like maize, wheat, and soybeans which it processes into flour, maize meal, pasta, biscuits, and cereals, as well…

OLD Mutual (OM) says it is ready for a currency switch in 2030 when Zimbabwe transitions to a ZiG-anchored mono-currency system, despite market anxiety surrounding the reform.The government has outlined plans to eventually phase out the US$ from transacting locally, despite businesses currently registering over 80 percent of earnings in the greenback.“We believe that we…