NATIONAL Handling Services Zimbabwe (NHS) expects to rake in US$900 000 in revenue from its airport lounge operations this year as business diversification continues to bear fruit. The company’s airport lounge operations encountered a major setback last year after a major airline that used its services pulled out. Nevertheless, NHS, which has recently witnessed a…
INCREASED market exposure to substandard electrical products because of failure to curb smuggling is creating uneven competition and heightened safety risks, Cafca chief executive Vimbayi Nyakudya has said. The proliferation of substandard cables has seen a marked increase in electrical faults, in some cases, triggering uncontrollable fires resulting in massive damage to property for households…
ZIMBABWE nearly doubled the value of its announced greenfield investments in 2024, emerging as one of the stronger performers in the Common Market for Eastern and Southern Africa (Comesa) bloc, according to the latest report. Greenfield projects are investments where a company builds new operations from the ground up in a foreign country, starting fresh,…
LISTED firms say monetary policy has steadied inflation, but liquidity shortages, high borrowing costs and weak consumer spending continue to weigh on their balance sheets. After years of currency chaos and triple-digit inflation, policymakers have delivered what businesses craved, stability. But the cure is proving painful. First quarter updates from listed firms show that policy…
BRICK manufacturer Willdale expects its financial performance to improve in the second quarter, supported by a steady recovery in production and the ongoing sale of stands. The group, which has been operating below capacity due to limited access to funding, reported a 36 percent decline in revenue for the first quarter ending December 31, 2025,…
AMALGAMATED Regional Trading (ART) is confident that its strategy of raising capital through preserving margins and disposing of non-core assets will yield positive results in the medium term. The group wants to raise resources to fund its retooling programme, which is expected to position the business on a growth trajectory. The paper, stationery, and battery…
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has equipped 43 innovators with practical business skills to transform ideas into commercially viable enterprises that can support the country’s digital…
THE government is pushing for blended finance solutions in agriculture to reduce risk in Zimbabwe’s financial sector and widen farmers’ access to capital. High interest rates have long constrained agricultural financing, leaving many farmers unable to secure loans until the introduction of state-backed schemes such as command agriculture, later renamed the national enhanced agriculture productivity…
ZIMBABWE’S digital payment transactions rose by 23 percent in December 2025, driven largely by a surge in high-value electronic transfers, central bank data show. The increase underlines the growing dominance of the national payments system in managing the country’s liquidity flows. During the review period, the total value of digital payment transactions climbed to ZiG275,38…
BUSINESS is cautiously optimistic about the country’s recent agreement with the International Monetary Fund (IMF) on a new Staff-Monitored Programme (SMP). Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — top corporate executives said this week that although the SMP was not likely to…
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