LIQUIDITY on the Zimbabwe Stock Exchange (ZSE) is expected to improve, supported by the increase in ZiG transaction volumes following the recent bank charges cuts and cash withdrawal limit raise, analysts have said. This comes after the Reserve Bank of Zimbabwe (RBZ) in its 2026 monetary policy statement issued a fortnight ago scrapped account service…
SIMBISA Brands (Simbisa) has experienced a marked growth in its delivery business, mainly from key markets such as Zimbabwe and Kenya, thanks to the broadening of delivery channels and digital in-house applications. In Kenya, the group’s online delivery unit, Kutuma, engages third party aggregators through a remodeled structure to transport orders to customers while a…
CFI Holdings says its agriculture hardware unit Farm & City Centre (FCC) has installed solar power systems at 29 of its 54 branches nationwide, reducing its carbon footprint and improving operational resilience. This means that about 54 percent of the division’s operations now have solar energy. Companies are under growing pressure to cut carbon emissions…
KAVANGO Resources has mobilised up to US$13,5 million through investor subscriptions, internally generated resources and committed funding to support a range of expansion initiatives in Zimbabwe. The London and Victoria Falls-listed mining group recently raised about US$8,4 million by way of subscription from investors in the United Kingdom and Zimbabwe. Investors from both the London…
HIPPO Valley Estates (Hippo Valley) says cost rationalisation efforts are going as planned and are expected to significantly improve profit margins in the medium term. The sugar cane producer, in early 2024, embarked on Project Zambuko, a strategy to optimise revenue and implement cost containment measures, including through retrenchments. Cost pressures have dragged the group’s…
CABLE manufacturer CAFCA has ramped up copper stockpiles to shield operations from volatile global prices and potential supply disruptions. While the company uses aluminium, polyvinyl chloride, polyethene and galvanised steel wire, copper remains a key raw material in the production of cables. Global copper prices experienced volatility in 2025, with forecasts indicating a potential, moderate…
TANGANDA Tea Company (Tanganda) expects non-tea agricultural operations to contribute up to 40 percent of the group’s total income in the medium-term through its planned diversification push. The tea grower is targeting to raise US$8 million through renounceable rights offer to finance diversification efforts which include funding value addition initiatives, plant upgrades and expansion across…
TM Pick n Pay and CABS have announced a combined donation of US$260 000 dedicated to cancer screening and treatment initiatives in the country. The funds, raised through the 2025…
STANBIC Bank Zimbabwe has launched a five-year scholarship fund in partnership with the National University of Science and Technology (NUST) to help bridge the funding gap for academically gifted students…
SIMBISA Brands (Simbisa) is strengthening its cost optimisation efforts to protect margins pressured by multiple taxes and increased operational expenses. The Victoria Falls Stock Exchange-listed regional fast food restaurant chain has also been offering various promotional activities, including discounted prices to customers, which has inadvertently impacted margins. In Zimbabwe, the group’s largest market, contributing 72…
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