THE Zimbabwe Investment and Development Agency (Zida) has unveiled US$17 million worth of investment opportunities as it steps up efforts to attract capital into productive sectors of the economy. Zida’s functions include the promotion of investment opportunities and facilitation of engagement between prospective investors and project owners. In its latest project prospectus released this week,…
THE Zimbabwe National Chamber of Commerce (ZNCC) annual congress will kick off this Wednesday in Victoria Falls as business stakeholders converge to chart a new course in the wake of emerging challenges confronting the economy. The four-day event comes at a time businesses are facing rising operating costs driven by mounting geopolitical tensions, particularly in…
ZIMBABWE’S mining sector is in dire need of competitive policy reforms, affordable capital and improved infrastructure to sustain growth and attract investment, the Chamber of Mines of Zimbabwe (CoMZ) chief executive Isaac Kwesu has said. Speaking to The Financial Gazette on the sidelines of a media briefing last week, the precursor to the Chamber’s 2026…
WEAK formal job creation is limiting purchasing power among Zimbabwean consumers, even as macroeconomic conditions have significantly improved, IH Securities says. In its Zimbabwe Consumer Sector Report 2026, IH Securities said while economic stability and slowing inflation have created a foundation for stronger household spending, high unemployment, widespread informality and persistent poverty continue to constrain…
CONSUMER goods stocks are topping investment picks on the local equities market, offering strong earnings, attractive dividends and compelling valuations for investors, stockbroking firm IH Securities has said. In its recently published 2026 consumer report, IH Securities said major consumer stocks such as beverage maker Delta Corporation and diversified agro-industrial group Innscor Africa remain attractive…
OLD Mutual Insurance Company (OMIC) says digital sales grew by 194 percent during the year ended December 31, 2025, driven by investments in digital platforms that enhanced customer access and distribution reach. The company expanded its digital ecosystem through the introduction of new products on mobile channels and enhanced online access to insurance services, helping…
ZIMBABWE’S new gold mining policy requires recalibration to preserve its empowerment objectives while safeguarding investment, exploration and long-term production growth, Fincent Advisory has said. The firm, in its latest policy and investment strategy paper, argues that although the policy’s intention to increase local participation is “sound”, some provisions risk discouraging the capital needed to sustain…
MUTAPA Gold Resources has declared a US$35 million dividend to shareholders after recording a profit after tax of US$70 million for the nine months ended December 31, 2025 driven by favourable international gold prices. The mining group, formerly Kuvimba Mining House, underwent a restructuring exercise earlier this year and now operates as Mutapa Gold Resources.…
PPC Zimbabwe helped drive group earnings higher in the year ended March 31, 2026, as strong cement demand and operational improvements offset subdued conditions in the South African market, its parent company PPC Limited has said. The South African cement producer reported a 3,9 percent year-on-year increase in group revenue to R10,3 billion, largely driven…
ZIMBABWE’S bumper maize harvest is boosting grain supplies to formal markets, lowering prices and strengthening prospects for a sizable strategic grain reserve, latest market data shows. According to the ZMX auction results for the week ended June 5, farmer deliveries of white maize reached 6 510 metric tonnes against buyer demand of 7 000 metric…
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