Companies & Markets

TelOne connects landlines to mobile

TELECOMMUNICATIONS company, TelOne, yesterday launched TelOne Connect, a mobile app enabling landline users to make and receive calls on their smartphones or laptops. Speaking during the application’s launch in Harare, TelOne’s chief executive, Lawrence Nkala, said the application was set to reshape the communication landscape for many Zimbabweans. “In today’s world, mobility, flexibility, and digital…

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Invictus capitalised assets hit US$83 million

INVICTUS Energy (Invictus) reported a 4,78 percent rise in the value of its capitalised exploration assets for the year ended June 30, 2025, driven by ongoing work at its key gas project in Zimbabwe. Capitalised exploration assets are costs incurred by a company in the process of exploring for mineral or oil resources that are…

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Simbisa targets green restaurants

SIMBISA Brands is rolling out restaurant designs focused on sustainability, from energy- and water-efficient kitchens to reduced food waste and eco-friendly packaging. In its 2025 annual report, the group said that embedding sustainability into its dining experiences allows it to deliver value to customers while reducing its environmental footprint. “In support of the Green Building…

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Delta, Caledonia shine at Top Companies

DELTA Corporation and Caledonia Mining Corporation dominated this year’s edition of the prestigious Top Companies Awards that were held in Harare yesterday. The awards, which celebrate Zimbabwe’s best-performing firms for…

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VFEX rallies on USD liquidity gains

THE Victoria Falls Stock Exchange (VFEX) extended its bull run in the nine months to September 30, 2025 driven by increased US dollar liquidity, record high gold prices and improved earnings from listed counters. The favourable market conditions have contributed to improved investor confidence and activity, resulting in augmented trading volumes. In its third quarter…

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ZB to strengthen loan book

ZB FINANCIAL Holdings (ZB) has projected a significant growth in net interest income in the final quarter this year, supported by newly secured lines of credit. This comes as the group’s income from lending operations produced muted results during the nine months to September 30, 2025 owing to ‘tight liquidity pressures’. “The group has secured…

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Masimba revenue strategy takes shape

MASIMBA Holdings (Masimba) has reported significant progress in its strategic efforts to diversify its order book by achieving a better balance between private and public sector projects. The engineering firm, whose order book consists predominantly of government construction projects, aims to grow orders from the private sector to mitigate risks associated with Treasury payment delays.…

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Afdis aims to regain market share

AFRICAN Distillers (Afdis) is set to accelerate the expansion and upgrading of its plant and equipment to meet growing demand and reclaim market share, leveraging the government’s efforts to curb smuggled and counterfeit products. The alcoholic beverages sector is starting to witness improved volume performance as multi-stakeholder attempts to rein in smuggled products begin to…

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Namib Minerals focuses on grade consolidation

NAMIB Minerals says it is focusing on stabilising grade performance and completing throughput capacity improvements at How Mine. According to the group, these improvements are expected to yield geared production and grades in the upcoming year. “The company expects 2025 to continue as a year of grade consolidation and optimisation at its flagship How Mine…

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