ZSE Holdings is set to list on the ZSE main board on July 9, 2025 by way of introduction after securing all approvals.The group, which wholly owns the ZSE and VFEX trading platforms, completed a scheme of reconstruction which enabled the transfer and assumption of shareholding from both bourses as they operate under separate licences.“The…
LABOUR minister Edgar Moyo, has appointed a new board at the National Social Security Authority (NSSA) following the “expiration of the previous directors’ tenure”.The new board includes Christopher Dube, the Town Clerk of the City of Bulawayo, as board chairman; Innocent Chinyama, the chief executive at Zimnat Asset Management Company; Florence Taruvinga, the president of…
AMALGAMATED Regional Trading (ART) says it will continue with the review and disposal of non-core assets in the second half of the year as part of a major capital raise for the planned retooling program.The paper, stationery and battery maker wants to streamline its portfolio and sharpen focus on selected strategic business areas with the…
AFRICAN Sun is eyeing a return to profitability this year after capitulating to a US$0,69 million loss in 2024, buoyed by an anticipated recovery in hotel occupancy and prudent cost cuttings.The loss last year was due to one-off costs and currency-related losses tied to the devaluation of the Zimbabwe Gold currency (ZiG), which depreciated sharply…
THE Deposit Protection Corporation (DPC) says it is looking at investment opportunities in regional markets in an effort to grow its fund and ultimately increase cover limits.The DPC is a free deposit insurer, designed to repay depositors in the event of a bank failure. Money to cover these deposits comes from premiums paid by all…
ZIMBABWEAN businesses must embrace Artificial Intelligence (AI) to create tailored customer experiences, the Customer Experience Association of Zimbabwe (CXAZ) has said.This comes as widespread mobile usage and mobile money adoption are reshaping market dynamics, making AI a critical tool.CXAZ vice-chairman, Tendai Mutseyekwa, highlighted AI’s vital role in an interview with this publication.“AI could assist businesses…
THE Central Mechanical and Equipment Department (CMED) says profit margins for its construction unit were adversely affected by the government’s delay in payments to contractors during the financial year ended December 31, 2023.Government slowed down the disbursement of payments to several construction projects in an attempt to manage the local currency supply into the economy…
ZIMPLATS says it spends US$300 000 annually in the provision of high-quality sunscreen and is growing partnerships to assist people living with albinism as part of its corporate social responsibility (CSR) thrust.The platinum miner has since 2017 provided substantial support to the albinism community in Zimbabwe.“…Our purpose is simple but powerful: to create a better…
SMALLHOLDER farmers in the southern region have begun direct engagements with private sector players through a series of Innovation Platform (IP) market dialogue workshops to ensure inclusive and market-driven agriculture. The workshops, convened by the Climate Resilient Livelihoods (CRL) Project with support from government, the Green Climate Fund (GCF) and the United Nations Development Programme…
Former England manager Sir Gareth Southgate says he does not miss managing the Three Lions and carrying the “weight” of the job. The 54-year-old stepped down from the England role…
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