VARUN Beverages, the world’s second-largest PepsiCo franchisee outside the United States, continues to strengthen its presence in Zimbabwe with significant investments across beverages, snacks, and brewing. In December 2024, the…
THE Zimbabwe Stock Exchange (ZSE)’s performance in 2026 is expected to directly reflect market confidence in the Reserve Bank of Zimbabwe (RBZ)’s policies aimed at stabilising the local currency, analysts at FBC Securities have said. The country’s primary bourse was lukewarm in 2025 as a result of a tight liquidity stance by the central bank,…
TELECOMMUNICATIONS giant Econet Wireless Zimbabwe says it has completed its core network expansion for voice and data services, a move expected to improve the quality of service for users. This comes after its continued investment in base stations and sites, particularly in rural areas. In its trading update for the third quarter ended November 30,…
DELTA Corporation (Delta) says it ceded US$315,2 million in various taxes to the Treasury in 2025, up 24,7 percent from prior year’s US$252,8 million driven by value added tax (VAT) and excise growth. The tax contribution was a result of volume recovery, pricing strategies, and improved operational efficiencies thanks to recent investments in capacity expansion,…
AXIA Corporation (Axia) plans to open more than a dozen new stores across its operating units as it continues to strengthen market presence and enhance customer access. The expansion comes as the home furniture and appliances distributor seeks to tap into rising consumer demand. Axia chief executive Ray Rambanapasi told The Financial Gazette that the…
GOLD producer, Caledonia Mining Corporation (Caledonia) is planning to increase its sustaining capital expenditure by US$11 million to implement a long-term solution to the recurring power challenges at Blanket Mine. The group’s total capital expenditure for 2026 is projected at US$162,5 million, focusing on exploration and development of other mining assets. According to the group,…
INNSCOR Africa (Innscor) says it may consider another round of unbundling in the medium to long term should the group once again become too large to manage effectively. Innscor has previously spun off entities such as Simbisa Brands, Axia Corporation and Padenga Holdings. The group operates a large portfolio of subsidiary companies across various sectors…
AMALGAMATED Regional Trading (ART) Holdings is strategically repositioning the retail footprint of its energy storage unit, Chloride Zimbabwe, by transitioning from reliance on franchised outlets to establishing more company-owned shops. This shift aims to enhance market control, improve customer experience, and drive sustainable growth amidst evolving industry dynamics. The move reflects the company’s commitment to…
SUGAR producer Hippo Valley Estates (Hippo Valley) is optimistic about prospects in the export market following relative stability in Mozambique, a crucial trade route, which was disrupted by prolonged post-election violence in 2024. The skirmishes continued into early 2025, impacting businesses, mainly at the sea ports which link landlocked Zimbabwe with international markets. As a…
LOCAL equities should ride on the growth momentum realised last year, driven by sustained macro-economic stability, increased foreign currency adoption and improved sentiment, market analysts have said. While the Zimbabwe Stock Exchange (ZSE) remains susceptible to tight liquidity conditions, the prolonged ZiG stability presents reasonable ground for investors to stake their local currency quoted stocks.…
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