Companies & Markets

Delta expands agriculture supply chains

DELTA Corporation (Delta) says it will continue to strengthen its domestic supply chains by investing in procurement and farmer support initiatives that have significantly boosted rural incomes and local indus­tries. The group has steadily deepened its agricultur­al value chains over the past decade through local sourcing, contract farming and investment in pro­cessing infrastructure. In its…

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General Beltings braces for AfCFTA

GENERAL Beltings (GB) says it will strengthen strategic partnerships and critical skills retention pro­grammes to remain competitive and take advantage of the Afri­can Continental Free Trade Area (AfCFTA). The AfCFTA connects more than 1,4 billion people across the continent through unfettered market access, creating one of the world’s largest free trade ar­eas. The group, which…

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NBS urged to expand housing fina

THE National Building Society (NBS) has been urged to expand affordable housing finance and strengthen part­nerships to help reduce Zimbabwe’s housing deficit of more than one million units. Speaking at the mortgage lender’s 10th anniversary celebrations, Reserve Bank of Zimbabwe (RBZ) director of Banking Supervision Philip Madamombe said address­ing the country’s housing challenges required cooperation…

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BlackRock reshuffles Caledonia holding

News Editor THE world’s largest asset manager, BlackRock, has increased its overall stake in Caledonia Mining Cor­poration, while reshuffling its holdings in favour of direct share ownership over derivatives exposure. A Caledonia filing last week covered a threshold crossed on July 8, putting BlackRock’s total position at 6,17 percent of voting rights, up from 6,15…

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Tourism boom backs Eagle Heights investment

EAGLE Real Estate Investment Trust says rising tourist arrivals in Victoria Falls are strengthening the investment case for its US$43 million Eagle Heights development. Eagle Heights is a mixed-use development by Eagle REIT, located in Victoria Falls, spanning 12,3 hectares. The project includes a 120-key mid-scale international hotel, a hospital, retail space, and residential units,…

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ZB Bank launches MSMEs digital market

Tapiwa Chirume ZB BANK has launched Smile Mall, a digital mar­ketplace aimed at improving market access for micro, small, and medium enterprises (MSMEs), cooperatives, farmers, and artisans to promote financial inclusion and drive Zimbabwe’s digital economy. The launch was announced during the MSMEs and Cooperatives Indaba and the unveiling of Smile Mall in Harare yesterday,…

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Dairibord shares stable amid ownership shake-up

DAIRIBORD Holdings’ share price has remained firm despite uncertainty surrounding a proposed ownership restructuring that could see a new investor assume control of the dairy processor. Shareholders comprising Equivest Asset Management, Mega Market and Mutare Mart & Exchange with more than 51 percent in the group are seeking to dispose of their combined stake in…

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Seed Co intensifies market expansion

SEED CO International says it is leveraging its expanding market presence, strong brand and climate-smart seed portfolio to drive growth. This comes as the regional seed supplier has been making inroads into the east and west African markets. In a statement accompanying its financial re­sults for the year ended March 31, 2026, Seed Co chief…

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Meikles’ hospitality assets disposal talks continue

MEIKLES Limited says negotiations over the disposal of its remaining hospitality assets are still ongoing, with the company expected to seek shareholder approval for the proposed transaction at an extraordinary general meeting to be convened in due course. The group, in its latest update to shareholders said discussions remain in progress following earlier announcements regarding…

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