TSL is seeking shareholder approval to delist from the Zimbabwe Stock Exchange (ZSE) and list on the Victoria Falls Stock Exchange (VFEX) as it targets improved valuation and foreign capital access. The diversified agro-industrial group said the proposed migration would be implemented as a single integrated transaction, subject to shareholder and regulatory approvals at an…
CBZ Holdings (CBZ) says measures by the Reserve Bank of Zimbabwe to slash bank charges could weigh on sector earnings this year despite boosting financial inclusion and formal banking activity. The central bank, in its 2026 monetary policy statement announced in February this year, slashed bank charges, setting a two percent ceiling on cash withdrawal…
ANALYSTS have raised doubts over the government’s newly approved Integrated Provincial Special Economic Zones (IP-SEZs), warning the model could distort competition and repeat shortcomings that undermined previous SEZ programmes. This comes as the cabinet this week approved the framework for the establishment of IP-SEZ under the Zimbabwe Investment and Development Agency Act with a view…
INNSCOR Africa (Innscor) has embarked on a four-year phased upgrade of its Colcom Foods processing plant as it races to match rising demand for both its fresh and processed pork offerings. The group has been steadily modernising its wholly owned Colcom division, which comprises two operating units, Colcom Foods and Triple C Pigs. In a…
IMPROVED tenant collections and rising rental income lifted First Mutual Properties (FMP)’s net property income by 30 percent year-on-year during the first quarter ended March 31, 2026, despite headwinds in the property market. The property firm, a subsidiary of First Mutual Holdings, saw its net property income increasing to US$1,34 million from US$1,03 million in…
SOUTH AFRICAN retailer Pick n Pay says continued losses at its Zimbabwean associate, TM Supermarkets, remained a drag on group earnings during the year ended March 1, 2026, despite the reduction in the prior year’s deficit. In its full-year financial results statement, Pick n Pay said its 49 percent investment in TM Supermarkets has remained…
DIGITAL asset firm Green Dollar Stablecoin, which was recently incorporated in Zimbabwe, is aiming for a listing on the Victoria Falls Stock Exchange (VFEX). This is one of the country’s most notable attempts to bring a cryptocurrency-linked venture into the formal financial system. The company is currently pursuing regulatory sandbox approval from the Securities and…
THE Zimbabwe Mercantile Exchange (ZMX) is battling worsening commodity supply shortages, with demand outstripping available stocks across key agricultural products, triggering pricing pressures and weakened agro-industrial supply chains. According to the ZMX latest trading bulletin, the exchange reported severe supply imbalances in maize, wheat and soya beans as buyers struggled to secure adequate volumes from…
ZIMBABWE’S prime residential rental market remains among the cheapest in Africa despite growing demand in properties, reflecting affordability and investment challenges confronting the sector, a new report shows. According to the Africa Report 2026/27 by Knight Frank, Zimbabwe ranks among the African countries with the lowest monthly prime residential rentals, with three-to-four-bedroom properties averaging about…
SIMBISA Brands (Simbisa)’s targeted marketing campaigns and promotional menus across regional operating markets bolstered customer volumes during the third quarter to March 31, 2026, as the group intensified market share expansion. In a trading update for the period under review, the quick-service restaurant chain said strong customer traffic growth helped offset the negative impact of…
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