Brighton Muronzereyi CHIEF WRITER THE Grain Marketing Board (GMB) has urged farmers to utilise its depot network to exchange harvested grain directly for essential agricultural inputs. GMB chief executive officer Edson Badarai in a statement yesterday said the parastatal was offering competitive producer prices while ensuring farmers received payments promptly. “The Grain Marketing Board is…
Hazel Marimbiza HWANGE Colliery Company Limited (HCCL) has recommissioned its rehabilitated coke oven battery, resuming coke production after a 12-year hiatus to boost mineral beneficiation. HCCL Holdings yesterday said the project represented more than the reopening of a production facility, describing it as a key step towards increasing value addition from Zimbabwe’s abundant coal resources.…
THE People’s Own Savings Bank (POSB) has remitted a record US$5,14 million dividend payout to its shareholder, the Mutapa Investment Fund (MIF), following a strong financial performance during the year ended December 31, 2025. During the year under review, the state-owned lender raked in US$54,15 million in revenue driven by strong customer acquisition efforts which…
AFRICAN Distillers (Afdis) spent US$35,1 million on local suppliers in the 2026 financial year as the beverages manufacturer intensified efforts to strengthen domestic supply chains and support the local industry.…
Kudzanai Gerede Companies and Markets Editor CALEDONIA Mining Corporation (Caledonia) is targeting stronger production in the second half of the year as improved access to higher-grade ore and key operational upgrades begin to boost output. This comes as the group produced 17 360 ounces of gold in the second quarter ended June 30, 2026, an…
ZIMRE Holdings (Zimre) says it resumed recognising earnings from its 41,08 percent shareholding in CFI after the associate returned to profitability during the year December 31, 2025. The recovery in CFI signalled the potential turnaround of a long-troubled investment that had previously been fully impaired after years of cumulative losses. “In prior years, the company’s…
FIDELITY Life Assurance is capitalising on rising demand for financial protection products as global geopolitical tensions and economic uncertainty prompt more households to prioritise insurance and long-term security. The insurer said changing consumer behaviour helped drive strong growth during the year ended December 31, 2025, with customers increasingly turning to life insurance, pensions and funeral…
MUTAPA Gold Resources (MGR) says it remains focused on cost management rather than fluctuating bullion prices as global gold markets retreat from record highs reached earlier this year. International gold prices peaked at an all-time high of US$5 595 per ounce late January this year driven by uncertainty in the global economy. Since then, the…
DRINKS maker Varun Beverages (Varun) has emerged as the frontrunner for a controlling stake in Dairibord Holdings Limited (Dairibord), as it seeks to close the gap on Asian competitor Export…
FIRST Capital Bank (FCB) has rolled out its 2026 Strategic Client Road Show, a nationwide stakeholder engagement initiative designed to translate its “Customer First” strategy into direct community action. The 18-day flagship programme sees the financial institution’s senior leadership travelling across 13 cities to engage clients, business partners, and community leaders. Combining executive visibility, media…
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