finance

Private sector projects boost Masimba income

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.Advertisements 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…

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CBZ AgroYield commits US$10 million to winter wheat

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.Advertisements The unit, which transitioned from a government-backed command agriculture model to a private sector-driven operation in 2022, has since evolved into a…

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Mutapa assets hit US$16,5 billion

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.Advertisements 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…

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World Bank cuts Zim’s growth outlook

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.Advertisements 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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FMP bets on retail property returns

FIRST Mutual Properties (FMP) plans to scale up investment in the retail property segment, citing strong returns and growing demand for modern commercial spaces.Advertisements The move comes as Zimbabwe’s retail property sector gains momentum, driven by the expansion of suburban shopping centres, formalisation of small-to-medium enterprise retail spaces and increasing interest in income-generating real estate…

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Logistics expansion lifts Unifreight earnings

UNIFREIGHT Africa (Unifreight)’s total income reached ZiG1,3 billion during the period ended December 31, 2025, up 75 percent from ZiG 743 million in the prior year, driven by growth in the logistics business and expansion across regional trade corridors.Advertisements The transport and logistics firm reported rising contributions from its cross-border operations and fourth-party logistics (4PL)…

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REITs gain traction

RISING investor appetite for inflation-hedged assets, alongside improved infrastructure development, is driving demand in the property sector, a new report shows.Advertisements Zimbabwe introduced Real Estate Investment Trusts (REITs) in 2020 to deepen capital markets and expand property investment options. The country now has four listed REITs: Tigere Property Fund and Revitus on the ZSE, and…

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ZSE Holdings eyes strong rebound

ZIMBABWE Stock Exchange Holdings is expecting increased trading activity on the local capital markets this year driven by improved economic conditions and issuers with strong fundamentals.Advertisements This comes as the exchange seeks to rebound from a 15 percent revenue dip to US$6,4 million during the year ended December 31, 2025, due to depressed trading resulting…

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Zeco returns to profitability

ZECO Holdings reported a strong turnaround, posting a profit attributable to equity holders of ZiG3,37 million for the year ended December 31, 2025, from a loss of ZiG549 282 in 2024, driven by additional income streams.Advertisements Revenue rose significantly to ZiG5,06 million from ZiG1,65 million in the prior year. Gross profit climbed to ZiG2,05 million,…

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Agriculture gets significant boost

IN a major boost to the pivotal agricultural sector, authorities have announced a significant increase in the producer prices of maize, traditional grains, soya bean and sunflower for the 2025/26 summer cropping season.Advertisements The new prices, which were released by the Grain Marketing Board (GMB) yesterday, are aimed at cushioning farmers from rising production costs,…

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