OCTOBER 10, last week marked World Mental Health Day, a globally recognised occasion for mental health education, aimed at raising awareness about mental health issues, reducing stigma, and promoting mental well-being worldwide.In the boardroom, the key question for directors to be asking is: Should the board concern itself with workplace mental health? The answer is…
MUTAPA Investment Fund has called for greater mobilisation of domestic savings and investments to ease Zimbabwe’s high cost of capital.Economists note that the country’s elevated capital costs are largely driven by inflation, exchange rate volatility and high interest rates imposed by the central bank to manage money supply.Speaking at the Confederation of Zimbabwe Industries’ Strategic…
Rufaro Manyepa ONCE upon a time, people went to libraries for information. Whenever they needed something, people would leave their home and visit the library, perusing through whatever books they…
NATIONAL Tyre Services (NTS) has announced plans to delist from the Zimbabwe Stock Exchange (ZSE) following an approval by the company’s board.The company did not disclose the reasons for the exit, but joins close to a dozen other firms that have exited the ZSE in the last five years.“Shareholders and the investing public are hereby…
AFRICAN Sun is targeting slashing up to 12 head office positions in line with its reduced hotel portfolio.The group said, in a notice, the ongoing restructuring exercise is meant to enhance operational efficiency and the long-term sustainability of the group.“This decision follows careful consideration of our support service requirements after recent portfolio changes, including the…
THE Mutapa Investment Fund has paid at least US$9 million to creditors to bring the Cold Storage Company of Zimbabwe (CSC) out of judicial management.Speaking to The Financial Gazette, Mutapa’s chief investment officer, Simba Chinyemba, said the Fund would inject more capital to revive the company.“What we have done is we have paid off all…
TREASURY says discussions on securing a Staff-Monitored Programme (SMP) with the International Monetary Fund (IMF) are continuing “in earnest” with a mission expected in Harare at the end of this month to discuss the initiative.In June, the IMF said Zimbabwe’s economic reforms have made significant progress, but the nation still has more work to do…
RENOWNED economist Prosper Chitambara agrees with the International Monetary Fund (IMF)’s call for Zimbabwe to create a clear roadmap and timelines for de-dollarisation, arguing that current uncertainty damages confidence. Speaking to Group Editor-In-Chief Guthrie Munyuki on his widely followed news and current affairs programme, Vantage, on leading national independent commercial television station, 3Ktv, last Thursday,…
INNSCOR Africa (Innscor)’s core profit margin is projected to improve supported by sustained revenue growth and a more stable operating environment.The diversified agro-industrial conglomerate surpassed the US$1 billion revenue mark in the year ended 30 June 2025, following nearly US$200 million in capital expenditure (capex) over the past three years.For the 2026 financial year, the…
NETONE has partnered with the Institute of Social Development Practices (ISDP) to boost the country’s skills development drive.The ISDP, a local organisation dedicated to equipping students and graduates in the social sciences, arts, and humanities with entrepreneurial and innovative skills, was officially launched in Harare last Friday.In a statement, NetOne said the institute’s launch marked…
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