Staff Writer

TSL revenue rises 8pct

TSL’S revenue increased eight percent to US$42,9 million in the nine months to July 31, 2026, driven by improved performance in agricultural trading, packaging and tobacco marketplace businesses. In its trading update for the nine months ended July 31, 2026, operating profit before tax also rose eight percent to US$12,9 million. Agricura’s crop chemical volumes…

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GetBucks bets on digital upgrade

GETBUCKS Microfinance Bank expects new digital products and upgraded information technology systems to support a recovery in profitability in the second half of 2026 after earnings slumped in the first six months. Profit after tax fell to ZiG6,2 million from ZiG30,9 million, hit by declining interest income, lower fees and weaker returns from its gold-backed…

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GreenCo secures US$11,5m backing

AFRICA GreenCo has secured a further US$11,5 million from ex­isting shareholders as the regional renewable energy trader moves to expand its role in southern Africa’s electricity market. The investment from the Private Infrastructure Development Group (PIDG) and Impact Fund Denmark (IFDK) brings the company’s third funding close to US$21,5 million, following the entry of Sanlam…

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Top Companies Survey Awards on tomorrow

ZIMBABWE’S best performing companies are set to be honoured at this year’s highly-anticipated Top Companies Survey (TCS) Awards to be held in Harare to­morrow. The annual awards, hosted by The Financial Gazette and Old Mutual Zimbabwe, will honour companies that have demon­strated strong financial and op­erational performance, with this year’s judging criteria placing greater emphasis…

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Zimbabwean appointed IFC director

ZIMBABWEAN national Mary-Jean Moyo has been appointed Division Director for Tanzania, Burundi, the Democratic Republic of Congo, Malawi, Zambia and Zimbabwe at the International Fi­nance Corporation (IFC), effective September 1, 2026. Moyo will be based in Dar es Salaam, Tanzania, where she will oversee IFC’s operations across the six countries. IFC, a member of the…

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