Mishma Chakanyuka, Staff Writer, Author at The Financial Gazette

‘Financial sector should embrace new business models’

Mishma Chakanyuka, Staff WriterSeptember 28, 20260136 views

THE financial sector has been urged to move away from lending models based on historical performance and traditional collateral, as the industry’s long-term survival depends on its ability to finance emerging and competitive industries. Banks have traditionally relied heavily on past performance and rigid collateral requirements, including substantial commercial property, which have often limited access…

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Adopt transformative strategies: NCC

Mishma Chakanyuka, Staff WriterSeptember 24, 2026077 views

THE National Competitiveness Commission (NCC) says Zimbabwe must adopt a transformative approach to strengthen production capacity, foster innovation and improve the business operating environment if the country is to compete effectively in regional and global markets. Zimbabwe launched its National Competitiveness Strategy (2026-2030) this month to promote business growth and improve the country’s competitiveness. In…

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Mashonaland Holdings shifts to demand-led projects

Mishma Chakanyuka, Staff WriterSeptember 17, 20260942 views

MASHONALAND Holdings is shifting towards phased, demand-led property developments and the refurbishment of existing assets as high construction costs and limited access to affordable long-term funding constrain new projects. In a statement accompanying its financial results for the six months ended June 30, 2026, board chairperson Grace Bema said the group was prioritising occupancy, tenant…

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Revitus rentals collections rise 18pct

Mishma Chakanyuka, Staff WriterSeptember 17, 20260706 views

RENTAL collections at Revitus Property Opportunities Real Estate Investment Trust (Revitus) rose 18 percent in the year ended December 31, 2025, driven by tighter credit controls and improved tenant performance. In a statement accompanying the REIT’s financial results for the year, Revitus said collections at properties, mainly Pioneer and Electra House, improved, while refurbishment of…

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Ariston battles funding constraints

Mishma Chakanyuka, Staff WriterSeptember 12, 20260778 views

Mishma Chakanyuka ARISTON Holdings’ (Ariston) tea production plunged 70 percent to 532 tonnes in the third quarter ended June 30, 2026, as funding constraints and reduced harvesting activities weighed on output. This was down from 1 770 tonnes produced during the same period last year, putting pressure on the group’s tea sales volumes. As…

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IDBZ to broaden revenue source

Mishma Chakanyuka, Staff WriterSeptember 12, 20260646 views

THE Infrastructure Development Bank of Zimbabwe (IDBZ) plans to accelerate revenue diversification and tighten cost controls after project implementation delays weighed on income generation during the first half of 2026. The development bank said projects under implementation were yet to generate repayments, prompting management to focus on converting its project pipeline into bankable transactions and…

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‘Insurance sector lacks diversification’

Mishma Chakanyuka, Staff WriterSeptember 10, 20260506 views

THE motor and fire insurance lines dominated Zimbabwe’s short-term insurance revenue in the half-year ended 30 June 2026, reflecting limited diversification across the industry, the Insurance and Pensions Commission (Ipec) has said. Short-term insurers reported total insurance revenue of ZiG4,26 billion, equivalent to US$164,94 million during the period under review. This represented an 18 percent…

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Drop in PAYE raises alarm over employment

Mishma Chakanyuka, Staff WriterSeptember 10, 20260737 views

THE Confederation of Zimbabwe Industries (CZI) says a decline in Pay As You Earn (PAYE) collections in the first quarter of 2026 raises concerns about the pace of formal job creation and income growth in the country. PAYE remains a key source of government revenue, although its share of total collections fell from 21,4 percent…

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Mashonaland Holdings upbeat on project pre-sales

Mishma Chakanyuka, Staff WriterSeptember 4, 20260938 views

MASHONALAND Holdings (Mash Holdings) is banking on the planned commencement of pre-sales for its development projects to unlock value from its pipeline and support future growth. The pre-sales strategy is meant to generate upfront cash to fund project servicing and construction while reducing the group’s reliance on external financing amid prevailing funding constraints. In a…

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Starafrica targets 39pct sales growth

Mishma Chakanyuka, Staff WriterSeptember 4, 20260833 views

STARAFRICA Corporation (Starafrica) is targeting a 39 percent increase in sales volumes to 83 000 tonnes in the current year ending March 31, 2027, supported by improved pricing and penetration into informal markets. The target compares with 59 596 tonnes sold during the year ended March 31, 2026, as it seeks to improve distribution and…

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