RAINBOW Tourism Group (RTG)’s hotel occupancy rose to 51 percent in the first quarter ended March 31, 2026 from 48 percent in the comparable period last year supported by stronger demand for leisure and business travel. As a result, group revenue climbed 32 percent to US$11,4 million from US$8,7 million during the same period in…
RIOZIM says it will prioritise bringing its Cam & Motor Mine in Kadoma back to normal production capacity following the completion of dewatering works and the resumption of gold operations. The miner suspended direct mining and processing operations at Cam & Motor almost two years ago to allow critical dewatering of flooded pits, a process…
AMALGAMATED Regional Trading (ART) expects Zimbabwe’s challenging operating environment to persist through the second half of 2026 despite improved currency stability and easing inflation. The diversified industrial group said liquidity constraints, rising operating costs, import competition and regional market volatility are likely to continue weighing on business performance in the months ahead. Despite the difficult…
THE Confederation of Zimbabwe Industries (CZI) expects the manufacturing sector to rely increasingly on contract workers rather than permanent employees in the long term, as manufacturers remain cautious about the sustainability of current economic stability. This comes as economic analysts and businesses continue to express uncertainty over how long recent monetary stabilisation can be maintained.…
SEED CO International (Seed Co) expects its earnings per share (EPS) for the year ended March 31, 2026, to more than double, driven by strong revenue growth and improved profitability across its regional markets. The seed producer is primarily listed on the Botswana Stock Exchange (BSE) and has its secondary listing on the Victoria Falls…
TN CYBERTECH Investments Holdings’ push to improve energy efficiency paid off in 2025, with lower fuel and electricity consumption reducing operating costs while also shrinking the group’s carbon footprint. The group has been steadily investing in alternative energy sources to minimise the effects of electricity supply disruption on operations. In its 2025 annual report, TN…
THE Deposit Protection Corporation (DPC) says it has sufficient liquid assets to protect depositors in the event of a bank failure, despite the corporation increasingly focusing on non-monetary assets. DPC has aggressively restructured its investment portfolio, allocating approximately 80 percent of its funds to high-yielding non-monetary assets such as equities, real estate and real estate…
THE Depositors Protection Corporation (DPC) has engaged actuarial consultants to review the deposit protection cover level, a process which is expected to be completed in time for revision of coverage levels this year. The deposit protection coverage levels for commercial banks, US$ denominated deposits, and deposit-taking microfinance institutions remained unchanged in 2025. Unadjusted limits reduce…
RISING anti-immigrant sentiment in neighbouring South Africa is threatening to destabilise Zimbabwe’s economic recovery, experts have warned. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that any further escalation in the untenable situation across the Limpopo River would…
FIRST Mutual Holdings Limited (FMHL) says repeated currency shifts and persistent inflation continue to undermine public confidence in long-term savings products, weighing on insurance uptake. This is despite sustained growth in the group’s core life insurance operations, which continue to drive earnings. In its 2025 annual report to December 31, the diversified financial services group…
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