THE Zimbabwe Energy Regulatory Authority (Zera) has ordered Zesa to suspend the mandatory electricity connection inspections it had planned to conduct on all households and commercial buildings.This comes as the power utility recently said they were embarking on national mandatory statutory inspections and re-inspections nationwide to ensure consumers’ safety and reliability of electrical infrastructure.In a…
OLD MUTUAL Zimbabwe (Old Mutual)’s investments in enhancing its digital platforms across group operations has significantly sustained growth in customer base, a senior company executive has said.Old Mutual offers a wide range of financial services, including life assurance, asset management, unit trusts, property development, short-term insurance, and banking services, serving individuals, businesses, and institutions.The financial…
ZB Financial Holdings (ZBFH) grew its total asset base by 104 percent to reach ZiG14,382 billion during the year ended December 31, 2024 compared to ZiG7,062 billion a year earlier bolstered by additions and fair value adjustments to investment properties portfolio.ZBFH is a diversified financial services group with a portfolio stretching across banking, insurance, and…
By Mohamed JassatIN the fast-paced and ever-evolving world of global commerce, success is often measured not just in figures and forecasts but in relationships and respect. As Zimbabwe continues to position itself as a formidable player on the international stage, it becomes increasingly important for our business community to understand and embrace the cultural nuances…
ZIMBABWE’S mining sector has long been a significant contributor to the country’s economy, with mineral exports accounting for a substantial portion of its Gross Domestic Product (GDP). Mining royalties are a critical component of Zimbabwe’s fiscal landscape, forming a key source of revenue from the country’s vast natural resources.Recent legislative changes by the Minister of…
IS there a more expressive way of saying ‘I love you’, ‘I’m sorry’ or ‘thank you’ than giving someone a freshly cut bouquet of flowers? Symbols of peace, love and…
By Shephard KemboENTREPRENEURSHIP has long been a subject of debate, especially when it comes to the question: Are entrepreneurs born with innate traits, or are they shaped by exposures, experiences, training and or education?While some argue that natural-born entrepreneurs possess an inherent ability to take risks and innovate, others believe that entrepreneurship is a skill…
CBZ Holdings (CBZ), is leveraging its 35 percent stake in the Zimbabwe Mercantile Exchange (ZMX) to position itself as a key player in the development of a robust commodity exchange ecosystem, both domestically and across the region, a top company executive has said.The group has been instrumental in agricultural financing and economic development initiatives.In an…
SURGING gold prices, which continue to hit all-time highs and have now comfortably breached the US$3 100 per ounce level, are breathing new life into Zimbabwe’s ailing economy.The stunning upswing in the precious yellow metal’s prices is being driven by heightened global uncertainty and fear of inflation that has been stoked by US President Donald…
MASHONALAND Holdings (Mash Holdings) recorded a 12 percent increase in revenue to US$7 million for the year ended December 31, 2024 as growth in rental income was driven by effective voids management, rent reviews and property upgrades.During the year, the group’s rental income improved to US$5,6 million from US$4,9 million in 2023 supported by “portfolio…
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