Companies & Markets

ZimRe mulls CFI divestment

ZIMRE Holdings (ZimRe) plans to divest from CFI Holdings and unlock value from its approximately 30 percent stake in the agro-industrial firm to grow its insurance business across the African region. ZimRe and the National Social Security Authority (NSSA), through a structured investment vehicle, Stalap Investments, are the largest shareholders in CFI with a roughly…

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NMBZ boosts lending income share

NMBZ Holdings (NMBZ) says core interest income now contributes about 30 percent of total revenue, underpinned by expanding lending activity supported by new credit lines The bank is increasing its focus on export-oriented sectors as it strengthens its funding pipeline and deploys capital into productive industries such as agriculture, mining and horticulture. NMBZ chief executive…

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Tigere to acquire more properties

TIGERE Real Estate Investment Trust (REIT) is set to acquire four additional real estate assets this year in addition to planned redevelopments at Highland Park as it accelerates its property portfolio expansion strategy. The REIT is targeting to grow its net asset value to US$100 million by the end of this year from US$59,3 million…

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CBZ AgroYield commits US$10 million to winter wheat

CBZ AgroYield has set aside US$10 million towards the 2026 winter wheat programme in addition to a US$15 million investment in the 2025/26 summer cropping season, reinforcing its growing role in agricultural financing. The unit, which transitioned from a government-backed command agriculture model to a private sector-driven operation in 2022, has since evolved into a…

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Private sector projects boost Masimba income

MASIMBA Holdings (Masimba) revenue from private sector projects grew to 56 percent during the year ended December 31, 2025, from 46 percent a year earlier as efforts to minimise public sector reliance paid off, driving overall earnings. As a result, group revenue for the period grew by 9,6 percent year-on-year to US$61,5 million from US$56,1…

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ZSE Holdings eyes strong rebound

ZIMBABWE Stock Exchange Holdings is expecting increased trading activity on the local capital markets this year driven by improved economic conditions and issuers with strong fundamentals. This comes as the exchange seeks to rebound from a 15 percent revenue dip to US$6,4 million during the year ended December 31, 2025, due to depressed trading resulting…

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Logistics expansion lifts Unifreight earnings

UNIFREIGHT Africa (Unifreight)’s total income reached ZiG1,3 billion during the period ended December 31, 2025, up 75 percent from ZiG 743 million in the prior year, driven by growth in the logistics business and expansion across regional trade corridors. The transport and logistics firm reported rising contributions from its cross-border operations and fourth-party logistics (4PL)…

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FMP bets on retail property returns

FIRST Mutual Properties (FMP) plans to scale up investment in the retail property segment, citing strong returns and growing demand for modern commercial spaces. The move comes as Zimbabwe’s retail property sector gains momentum, driven by the expansion of suburban shopping centres, formalisation of small-to-medium enterprise retail spaces and increasing interest in income-generating real estate…

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CABS unveils women’s account

CABS has launched HerNest, a women-focused banking solution that aims to close persistent gaps in access to finance for female entrepreneurs and professionals.  The institution unveiled the product in Harare, signalling a growing shift in Zimbabwe’s financial sector towards inclusive banking models aligned with broader economic empowerment goals. The account requires minimal documentation for low-income…

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Zeco returns to profitability

ZECO Holdings reported a strong turnaround, posting a profit attributable to equity holders of ZiG3,37 million for the year ended December 31, 2025, from a loss of ZiG549 282 in 2024, driven by additional income streams. Revenue rose significantly to ZiG5,06 million from ZiG1,65 million in the prior year. Gross profit climbed to ZiG2,05 million,…

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