ECONET Wireless Zimbabwe (Econet) says its share price on the Zimbabwe Stock Exchange (ZSE) is ‘grossly undervalued’- prompting the group to consider several corporate actions to unlock its intrinsic value. The country’s biggest telecommunication company by subscription is touted to hit US$1 billion in revenue by year end after it raked in ZiG13,5 billion, translating…
DELTA Corporation (Delta) says it will remain listed on the Zimbabwe Stock Exchange (ZSE) despite concerns over its share price valuation. The beverage maker stressed that only investors will determine the ‘right’ price. This comes as market analysts insist the company’s share price is trading below historical averages and not consistent with its stellar operational…
ZIMBABWE’s micro, small and medium enterprises (MSMEs) have been commended for their resilience and contribution to the national economy in the face of mounting operational challenges. This came out at…
FIDELITY Life Assurance (FLA) says its Vaka Yako housing product continues to drive new business, contributing 80 percent of its life and pensions business revenue. Launched in 2022, the Vaka Yako product enables individuals in Zimbabwe to progressively acquire a stand or house, with monthly payments starting at US$45. Ideally, the group treats the housing…
DAIRIBORD Holdings (Dairibord) says it is focusing on growing its production capacity through several capital projects already underway that will improve product availability. The milk and dairy products producer is set to commission a new steri-milk line filling and processing line in Chipinge in the final quarter of the year, which is projected to produce…
TREASURY continues to divert budgetary allocations while a significant number of ministries and state agencies fail to fully utilise resources, laying bare weak financial efficiency within the government. This came out in the 2026 national budget statement tabled by the Finance minister, Mthuli Ncube, last week. According to the Treasury, as at September 30, 2025,…
ZIMBABWE’s plans to transition into a mono-currency system anchored by its own currency, the ZiG, by 2030 could be under threat from ‘weak’ foreign currency reserves to back it, analysts have said. While authorities are upbeat that forex reserves — currently at US$980 million — will reach levels sufficient to back the ZiG within the…
KUVIMBA Mining House (KMH) says the resurgence in global lithium prices will enhance the feasibility of setting up a planned on-site concentrator plant at its Sandawana Mines. Lithium prices have recently cooled from record highs in 2022 as supply outpaced demand, pressuring margins for global producers, including KMH. With prices steadily improving, experts predict global…
ZIMBABWE is poised to double cement production in the next two years, thanks to ongoing investments by both traditional and new players, as this is expected to avert existing shortages, authorities have said. This comes as the domestic market is facing acute cement shortages driven primarily by plant breakdowns at major producers, PPC Zimbabwe and…
UNIFREIGHT Africa (Unifreight) says its revenue for the year is on course to hit record levels after posting a 19 percent increase in the third quarter ended September 30, 2025, on solid performance from new business units. The establishment of two new strategic business units (the 4PL logistics brokerage and a dedicated Cross-Border transport division)…
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