BUY Zimbabwe has intensified calls for consumers and industry to support locally made products as the country moves to grow industrial output, fight counterfeit imports and position local firms to benefit from opportunities under the African Continental Free Trade Area (AfCFTA). The push follows a government target, through the local content steering committee, to increase…
THE Agricultural Marketing Authority (AMA) has urged manufacturers to buy locally produced agricultural commodities to cut the country’s import bill on wheat, maize and soybeans. This comes as rising global commodity prices and geopolitical tensions continue to disrupt supply chains. In a statement, AMA said continued reliance on imported raw materials was weakening domestic value…
FIRST Mutual Holdings (FML) has recorded robust investment returns from the local equities market during the first quarter ended March 31, 2026, buoyed by improved trading volumes and enhanced market liquidity. This was able to propel the group’s profit before tax to US$5,6 million, more than double the US$2,3 million achieved in the same period…
TN CYBERTECH Investments Holdings is accelerating its digital banking expansion through new technology platforms and partnerships as it targets greater financial inclusion and improved customer access. The local financial sector is undergoing a massive digital transformation aimed at meeting rising demand for technology-driven financial services and widening access to banking solutions across underserved communities. In…
PADENGA Holdings expects stronger full-year performance from its mining subsidiary, Dallaglio Investments, riding on elevated gold prices and ongoing operational upgrades at Eureka and Pickstone mines. While group gold production has remained stable, the positive outlook comes as gold prices continue to strengthen due to growing investor demand, heightened global economic uncertainty and increased central…
MASHONALAND Holdings (Mash Holdings)’s revenue for the quarter ended March 31, 2026, grew eight percent to US$1,86 million from US$1,73 million a year earlier, driven by stronger rental yields, improved occupancy and new lettings. The property group said rental yields across the broader market remained attractive during the period due to increased investor demand for…
THE Insurance Council of Zimbabwe (ICZ) says the newly-launched regulatory sandbox could help revive the country’s declining insurance penetration by creating space for new products, technologies and business models tailored to evolving consumer needs. Insurance penetration has fallen sharply to below five percent, largely due to low disposable incomes, worsened by the struggling informal sector,…
INCREASED uptake of locally produced goods and stronger support for domestic manufacturers are critical in protecting Zimbabwe from global economic shocks, according to the Ministry of Industry. This comes as there have been supply chain disruptions triggered by the Russia-Ukraine conflict, which affected access to raw materials. More recently, tensions between Iran and Israel have…
CAFCA says a US$1 million solar plant commissioned at its factory last month will cut electricity costs by 30 percent, helping the company improve competitiveness against rising imports. The solar system, which produces 1MW on the Alternative Current side and peaks at 1,16MW, forms part of the company’s strategy to reduce production costs and cushion…
THE National Social Security Authority (Nssa) is assessing its capacity to implement a long-term pension adjustment after granting pensioners a 100 percent increase in their May allowance as an interim relief measure. The temporary boost comes as many pensioners continue to struggle on monthly payouts of about US$70 to US$80, which fall far short of…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More