FINANCE secretary George Guvamatanga is pushing for a further containment of public expenditure by capping unauthorised spending at US$2 million, a 25 percent fuel cut, foreign trips, a consolidation of all payrolls under the Salary Services Bureau and even introducing penalties for departments violating these rules, as government seeks to fix its books.This comes as…
Lewis Hamilton says he made the “hardest decision of [his] life” to put Roscoe, his 12-year-old bulldog, to sleep. Roscoe died in Hamilton’s arms on Sunday evening after being admitted to hospital with pneumonia last week. He had been on life support since Friday, when Ferrari driver Hamilton missed a Formula 1 tyre test in order to…
THE government has amended the Architects Act to include other professionals, such as interior designers and landscapers, in its formal registration in order to modernise building regulations.On July 22, 2025, the Cabinet approved principles for a global amendment of the Act, paving the way for a comprehensive update after issuing Statutory Instrument (SI) 56 in…
HWANGE Colliery Company Limited (HCCL) says it has embarked on new corporate growth strategies, culminating in a US$200 million joint venture portfolio.Having been in existence for over 120 years, HCCL has been pivotal in supporting the country’s economic growth through supply of coal for thermal power generation.However, financial and operational challenges have left the company…
INNBUCKS MicroBank (InnBucks) posted a profit after tax of ZWG74,6 million for the year ended June 30, 2025, up 195 percent from the previous year, driven by a 196 percent growth in interest income. The microbank said the growth in interest income was a result of a 327 percent increase in loans and advances reaching…
TSL Limited (TSL) recorded strong volume performance across all key operational areas, supported by favourable agricultural production — particularly in tobacco.The group has extensive exposure to the tobacco subsector, with several of its units involved in packaging, marketing and handling of the yellow leaf.The 2025 tobacco marketing season closed during the first week of August…
MASHONALAND Holdings (Mash Holdings) says its recently completed Pomona Commercial Centre has leased nearly 50 percent of available space reflecting huge demand for warehousing and wholesale facilities.Pomona Commercial Centre is a key strategic development under Mash Holdings’ diversification and asset expansion initiatives.However, as it ramps up tenancy, the centre has attracted anchor brands such as…
THE government has set 20 April 2026 as the deadline for Companies and Private Business Corporations (PBCs) to re-register their operations in order to ensure compliance and maintain an accurate register of active business entities. In a Statutory Instrument (SI) that was published in the government gazette on Friday, minister of Justice Ziyambi Ziyambi said…
INNSCOR Africa (Innscor) recorded a 19,4 percent increase in revenue to US$1,086 billion during the year ended June 30, 2025, strong volume momentum and capacity utilisation. The Victoria Falls Stock Exchange-listed group said the robust performance was underpinned by scaling up of production capacity from numerous expansion projects rolled out over the past year. “This…
SEAN Williams has been released from the Zimbabwe squad that is currently playing the Men’s T20 World Cup Africa Region Final. The 39-year-old batter was released for personal reasons and…
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