AFDIS volumes grew 15 percent during the year ended March 31, 2025 charging its revenue by the same percentage margin to US$59,7 million from US$51,8 million prior year.However, increased costs reduced profit for the year by 33 percent to US$5,1 million from US$7,6 million last year.The strong volume performance was largely driven by the wines…
THE Marketers Association of Zimbabwe Business Institute (MAZBI), is dedicated to nurturing the leaders of tomorrow by leveraging the power of effective education and training. In a groundbreaking move to bolster professional development, MAZBI has formalised a landmark partnership with the Institute of Bankers of Zimbabwe (IOBZ) through a Memorandum of Understanding (MOU). This collaboration…
BY GODFREY NYONI IN today’s digital world, cybersecurity is no longer a luxury but a necessity. As Zimbabwe continues its push toward digital transformation, more people, businesses, and government institutions are going online.From mobile banking and online shopping to government e-services and digital health records, the country’s growing digital footprint is making life more convenient.…
THE gold and platinum group metals (PGMs) sub-sectors will headline the upcoming Chamber of Mines of Zimbabwe’s annual mining conference in Victoria Falls, set for next week.The four-day conference will host the gold and PGM symposiums. The conference, that attracts leading mining executives and industry stakeholders from both the private and public sectors, will run…
TIGERE Property Fund registered a 75 percent increase in total comprehensive income to US$451 249 for the first quarter ended March 31, 2025 from US$257 620 a year earlier attributed to improved pricing and full occupancy rate.The ZSE-listed real estate firm however opined that concerns of widespread price “overheating” within the sector were “overstated”, with…
ECOCASH Zimbabwe’s largest and leading fintech platform, has launched a new international money transfer service that allows customers to send money from Zimbabwe to several other countries. In a statement, the company said using the service, EcoCash customers will now be able to send money to several countries, including South Africa, Zambia, Botswana, Kenya, Malawi,…
THE modern tax system is evolving to incorporate environmental stewardship, with plastic taxes emerging as deliberate fiscal tools aimed at altering consumption patterns. Zimbabwe has embraced this shift by introducing a 20 percent Value Added Tax (VAT) on the sale or import value of disposable plastic shopping bags, effective January 1, 2025. This tax reflects…
Oil steadied after three days of advances, as attention moved away from the deescalation of the US-China trade war and to the Middle East. Brent traded above $64 a barrel,…
Investor demand at South Africa’s weekly government bond sale more than doubled as risk appetite improved globally after the US and China reached a deal to temporarily lower tariffs. Primary…
Nissan Motor Co shares rallied on Tuesday after a report that the Japanese automaker will eliminate 11 000 more jobs than previously forecast as part of a plan to restructure…
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