finance

New revenue streams prop up WestProp

WESTPROP Holdings’ di­versification efforts paid off after more than US$1,3 million in new revenue streams was recorded during the first quarter ended March 31, 2026, offsetting rising real estate costs. The group’s ongoing vertical inte­gration strategy, embarked on two years ago, has significantly reduced reliance on external contractors while building in-house manufacturing and construc­tion capacity.…

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Axia upbeat on growth momentum

AXIA Corporation (Axia) expects to maintain its growth momentum in the fourth quarter ending June 30, 2026, supported by a stable economic environment and strong demand across its business units. The positive outlook follows broad-based growth across the group’s retail and distribution operations during the third quarter ended March 31, 2026. The company said stable…

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RBZ issues ZiG500 million bill to stabilise currency

THE Reserve Bank of Zimbabwe (RBZ) has issued a 90-day open-market ZiG500 million instrument to manage liquidity and stabilise the local currency. The ZiG Denominated Term Deposit Facility Bill (ZiGDTDF) is a modern liquidity sterilisation tool introduced under the 2026 Monetary Policy Statement. In a notice, the RBZ said it aimed to “enhance reserve money…

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Zinara targets nationwide tollgate modernisation

THE Zimbabwe National Roads Administration (Zinara) has launched a programme to refurbish and modernise tollgates across the country aimed at sharpening service delivery, tightening revenue security, and eliminating traffic bottlenecks. The initiative responds to growing public and government pressure to upgrade aging tolling infrastructure that is currently struggling to handle surging traffic volumes. In a…

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