ZIMRE Holdings (ZimRe) plans to divest from CFI Holdings and unlock value from its approximately 30 percent stake in the agro-industrial firm to grow its insurance business across the African region. ZimRe and the National Social Security Authority (NSSA), through a structured investment vehicle, Stalap Investments, are the largest shareholders in CFI with a roughly…
ZIMBABWE’s formal retail sector continues to grapple with major challenges, as deep-seated structural issues and policy inconsistencies keep pushing consumers towards the booming informal market. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — analysts said this week that although the outlook for the…
HR Perspective with MEMORY NGUWI MOST organisations assume hiring mistakes happen during interviews, but that is not where the problem begins. The real issue starts much earlier, at the point…
TIGERE Real Estate Investment Trust (REIT) is set to acquire four additional real estate assets this year in addition to planned redevelopments at Highland Park as it accelerates its property portfolio expansion strategy. The REIT is targeting to grow its net asset value to US$100 million by the end of this year from US$59,3 million…
NMBZ Holdings (NMBZ) says core interest income now contributes about 30 percent of total revenue, underpinned by expanding lending activity supported by new credit lines The bank is increasing its focus on export-oriented sectors as it strengthens its funding pipeline and deploys capital into productive industries such as agriculture, mining and horticulture. NMBZ chief executive…
AUTHORITIES have warned that the country’s economic outlook faces mounting risks if the Middle East conflict persists, citing potential strain on public finances, rising inflationary pressures and slower growth. Zimbabwe, which relies heavily on imported fuel, remains increasingly exposed to global oil market disruptions triggered by escalating tensions involving the United States of America, Israel…
MASIMBA Holdings (Masimba) revenue from private sector projects grew to 56 percent during the year ended December 31, 2025, from 46 percent a year earlier as efforts to minimise public sector reliance paid off, driving overall earnings. As a result, group revenue for the period grew by 9,6 percent year-on-year to US$61,5 million from US$56,1…
CBZ AgroYield has set aside US$10 million towards the 2026 winter wheat programme in addition to a US$15 million investment in the 2025/26 summer cropping season, reinforcing its growing role in agricultural financing. The unit, which transitioned from a government-backed command agriculture model to a private sector-driven operation in 2022, has since evolved into a…
MUTAPA Investment Fund (MIF) total assets reached US$16,5 billion in 2025, a 10,7 percent increase from US$14,9 billion in 2024, supported by core investments, loans expansion and soaring securities portfolio. In its financial results for the year ended December 31, 2025, the country’s sovereign wealth fund saw funds and reserves grow to US$15,2 billion, demonstrating…
THE World Bank has cut Zimbabwe’s growth forecast to 4,6 percent this year, from five percent projected in January, warning that downside risks are increasing. The Bretton Woods institution’s projection is slightly higher than that of the African Development Bank, which anticipates a 4,5 percent real GDP growth, but lower than the government and the…
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