THE Victoria Falls Stock Exchange (VFEX) expects to secure four new listings during the second half of this year, signalling strong investor confidence in the market. The exchange has increasingly gained traction as an offshore investment centre over the past three years by attracting both local and foreign listings despite a slow start following its…
STANBIC Bank Zimbabwe (Stanbic) arranged financing facilities totalling US$227 million for the country’s mining sector in 2025 to support expansion and boost production. Speaking at the Chamber of Mines of Zimbabwe’s 2026 annual conference in Victoria Falls last week, Stanbic chief executive Solomon Nyanhongo said the investments reflect the institution’s commitment and confidence in the…
SEED CO International (Seed Co) expects its earnings per share (EPS) for the year ended March 31, 2026, to more than double, driven by strong revenue growth and improved profitability across its regional markets. The seed producer is primarily listed on the Botswana Stock Exchange (BSE) and has its secondary listing on the Victoria Falls…
RAINBOW Tourism Group (RTG) is stepping up its sustainability efforts across its expanding hospitality portfolio, with its recently acquired Montclair Resort & Conference Hotel emerging as a showcase for the group’s growing focus on resource efficiency, recycling and farm-to-table food production. The sustainability push comes as RTG is doing a US$2 million refurbishment of Montclair…
TN CYBERTECH Investments Holdings’ push to improve energy efficiency paid off in 2025, with lower fuel and electricity consumption reducing operating costs while also shrinking the group’s carbon footprint. The group has been steadily investing in alternative energy sources to minimise the effects of electricity supply disruption on operations. In its 2025 annual report, TN…
UNKI Mine says it plans to scale up its solar power capacity to 25 megawatts (MW) in the near term as part of a broader push to secure its electricity supply and drive its decarbonisation agenda. The platinum miner is currently working toward the completion of an initial 10MW solar facility, which is on track…
ECONET Wireless Zimbabwe (Econet) doubled data revenue in the year ended February 28, 2026, as surging demand for digital services and increased network investment fuelled growth across its business. The company said revenue rose 23 percent, supported by strong performances in all major segments, with data traffic volumes increasing 100 percent and voice volumes climbing…
TSL is accelerating investment in industrial property and logistics infrastructure as it diversifies revenue streams to reduce exposure to volatility in the agricultural sector. The group, with 74 percent of its income derived from agriculture operations, has been steadily growing its logistics and real estate businesses. It recently completed and commissioned a modern 4 567…
PROPLASTICS says tight liquidity and restrictive monetary conditions weighed heavily on its operations in 2025, dampening demand and slowing government-funded infrastructure projects. In its 2025 annual report, group chairman Gregory Sebborn said constrained liquidity conditions, particularly in local currency, added pressure to trading conditions, while power shortages continued to disrupt production efficiencies and increase operating…
THE African Banking Corporation of Zimbabwe (BancABC) has signed a five-year strategic partnership with Visa to drive digital payment innovation and boost customer experience. BancABC said customers would benefit from the partnership through services such as virtual cards, digital card issuance, mobile tap-to-pay technology, e-commerce payment solutions and remittance services. The financial institution’s managing director,…
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