BY BEAVEN DHLIWAYO WHEN Victor Mapunga founded Shona Prince Technologies, he was only 25 years old and already imagining a future where millions of Africans could access the internet affordably.…
Tariro TumbukayiStaff Writer The Infrastructure and Development Bank of Zimbabwe (IDBZ) plans to explore trade-finance-based bond issuances in the second half of 2025 to address constraints in supporting its ongoing projects.The development finance institution said it would align the instruments with investor risk-return preferences.IDBZ chief executive, Zondo Sakala, said this comes as the bank’s fundraising…
STANBIC Bank Zimbabwe (Stanbic)’s profit after tax (PAT) grew 2 417 percent to ZiG682,2 million in the six months ended June 30, 2025 from ZiG27,1 million a year earlier supported by net interest income from new lending assets.Net interest income reached ZiG840 million, up 125 percent from ZiG374 million achieved in the comparable period last…
NEED TO KNOW It’s a night to remember for Mariah Carey at the 2025 MTV VMAs! On Sunday, Sept. 7, the R&B superstar received the Video Vanguard Award, which was presented to her by Ariana Grande,…
Pictures show the derelict “shack” and algae-filled lake Beyoncé and Jay-Z are buying to build their new home in the Cotswolds The duo is said to be in the final stages of…
When actress Sorcha Cusack left the BBC drama Father Brown in January, it made headlines, including for the newspapers owned by Reach, among them The Mirror, and the Daily Express.…
OLD Mutual Zimbabwe (OM) says its fintech unit, O’Mari, is now signing on average close to 100 000 new accounts per month leveraging the group’s diverse product offering.The strong customer acquisition is increasingly boosting overall revenue performance by cross-selling product offerings within the group.O’mari has been steadily growing its product range which includes the wallet…
EARLY this year, OK Zimbabwe made a strategic change in management, which saw former chief executive Willard Zireva coming out of retirement to steer the ship once more in an effort to stabilise operations. As part of an immediate internal rescue plan, the new leadership proposed a US$30 million capital raise through a rights offer…
ZIMBABWE’S long-neglected gold sector is drawing renewed attention from investors, aided by record bullion prices and a period of relative political and economic stability, according to London-based wealth manager Shard Capital.This comes as authorities are projecting a significant boost in direct investment, with inflows expected to exceed US$600 million in 2025.The increase is set to…
HOTELS in Victoria Falls recorded a 10 percent rise in occupancy during the recent Heroes’ and Defence Forces’ holidays, driven largely by international and regional visitors, latest data shows.This growth is particularly encouraging given ongoing efforts to establish Victoria Falls as a world-class destination.“Victoria Falls saw a significant uptick during the recent Heroes and Defence…
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