CFI Holdings (CFI) expects measures put in place to ease procurement of key raw materials to improve efficiency and group competitiveness. The diversified agro-industrial concern has previously encountered procurement challenges, primarily related to grain supplies caused by drought conditions, resulting in additional cost build up. To mitigate these risks, the group said it is developing…
STAR Africa Corporation (Star Africa) says the government’s reluctance to review the surcharge on sugar and value-added tax (VAT) expenses continue to erode the group’s operating margins. Authorities introduced a US$0,001/gram sugar tax on beverages in early 2024, while basic products, including sugar were moved from zero-rated to exempt, raising production costs. In its financials…
ZIMPLOW anticipates that agricultural equipment sales will enhance the group’s overall income, driven by favourable rainfall during the current 2025/2026 summer cropping season. Zimplow has a diverse business portfolio that includes the manufacture, supply, and after-sales service of equipment for the agriculture, mining, and construction sectors. “The tobacco cropping outlook is very good, and we…
MEIKLES says its TM Pick n Pay supermarkets will be fully stocked in anticipation of heightened festive season demand, supported by strong working capital. In its financials for the six months to August 31, 2025, the group said its TM Pick n Pay supermarkets segment has already seen a marked increase in trading in the…
FBC Securities says demand for borrowing in Zimbabwe Gold (ZiG) for working capital is expected to continue declining in the absence of stronger pro-ZiG demand policies. Demand for ZiG for working capital remains mixed. While official usage has increased, businesses continue to rely heavily on the United States dollar (USD) because of ongoing operational challenges…
THE government says the Securities and Exchange Commission of Zimbabwe (SECZim) will introduce new incentives to attract more company listings, including small and medium-sized enterprises, and promote the listing of bonds on the local stock market. Several measures are already in place to draw new listings, notably tax incentives and hard-currency trading on the Victoria…
THE government says it will introduce inflation-hedged and index-linked bonds, alongside a pension portability system that allows members to keep their accrued benefits when they change jobs or schemes, a move aimed at protecting the real value of retirement savings. The pension sector has long struggled with severe value erosion caused by hyperinflation and currency…
WESTPROP Holdings (WestProp) recorded a 31,7 percent increase in revenue to US$5,60 million during the third quarter ended September 30, 2025, driven by robust sales at Pomona City and Seatrite residential projects. During the period under review, Pokugara’s contribution to group revenue decreased significantly from US$1,25 million to US$0,31 million. This decline is attributed to…
THE government has called on the banking sector to review charges to ensure that financial services remain affordable, supporting the national goal of lowering the cost of doing business. In his 2026 national budget, Finance minister Mthuli Ncube said that banks have strayed from their conventional role of facilitating financial intermediation to promote economic growth.…
ZIMBABWE’s tourism sector is projected to grow by 3,1 percent in 2026, boosted by rising arrivals from key source markets, Finance minister Mthuli Ncube has said. The sector is already expanding, supported by increased international and domestic travel and strengthened by significant government investment. “International tourist arrivals are forecasted to reach 1,87 million, up from…
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