By Jackson Mashinge AS firms race to keep up with rapid technological change, the accounting profession is quietly being transformed. Once defined by ledgers, calculators and rigid month-end routines, modern…
THE hospitality sector is facing mixed prospects this Easter, with some industry players anticipating a moderate dip in visitor numbers due to recent fuel price hikes, while others have noted steady growth in bookings. Amid escalating conflict in the Middle East and the resulting disruption to global aviation networks, some Zimbabweans appear to be shifting…
OLD Mutual Zimbabwe says it is cautiously optimistic about the country’s market outlook, citing sustained macroeconomic stability supporting operations despite external risks from the Middle East conflict. This comes as the diversified financial services group posted a 43 percent year-on-year increase in after tax profit of US$40,177 million for the year driven by new propositions…
BUSINESS, labour and government are resisting plans to place the National Social Security Authority (Nssa) under the regulatory authority of the Insurance and Pensions Commission (Ipec). This comes after the National Assembly and Senate have recently passed the Insurance and Pension Commission Amendment Bill, which, among other things, seeks to strengthen the country’s pensions and…
TSL recorded stronger demand for agricultural inputs in the first quarter ended January 31, 2026, as improved rainfall lifted planting activity and strengthened prospects for the 2025-26 farming season. Favourable weather conditions improved planting across Zimbabwe, driving increased uptake of key inputs and supporting momentum in the agricultural sector. “Improved rainfall associated with La Niña…
HERBERT Nkala has stepped down as chairman of Tanganda Tea Company (Tanganda), after 29 years of service, including the last five as chairman, amid a broader restructuring at the country’s largest tea producer. The move, confirmed Friday, coincides with a shareholding shift following the entry of new strategic investor Rutanhi Investments, an Innscor Africa unit.…
STANBIC Bank Zimbabwe (Stanbic) recorded a profit after tax of ZWG1,7 billion for the year ended December 31, 2025, a 48 percent increase from the prior year, driven by robust loan book growth and strong economic fundamentals. The bank’s net interest income grew by 77 percent to ZWG1,8 billion, underpinned by a 57 percent expansion…
Following the participation of six Southern African countries at the 2025/26 AFCON in Morocco, the Mukuru Four Nations Tournament has been hailed as the perfect next step to sustain that…
By Simbarashe Hamudi COMPANIES often make prepayments because suppliers may require payment before they provide the goods or services. This is common in the insurance industry, where policyholders typically pay…
Oil prices have fallen after US President Donald Trump said negotiations to end the war were progressing, while Iran said “non-hostile” vessels could pass through the Strait of Hormuz. Brent crude fell by 5% to just under $100 (£74.62) a barrel on Wednesday. Trump said on Tuesday that talks to end the war were happening…
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