finance

AMA bids set to mobilise investment for farmers

THE Agricultural Marketing Authority (AMA) is repositioning itself as a market enabler to drive demand-led farming. The Authority’s chief executive, Alice Mapfiza, in a chat with our Staff Writer Almot Maqolo, outlined reforms centred on digitisation, traceability, and real-time intelligence. Below are excerpts from the interview: Q: How would you describe AMA’s role in supporting Zimbabwean farmers…

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Econet values its equity at 2X market cap

ECONET Wireless Zimbabwe (Econet) says its implied equity value is in excess of US$1,78 billion, almost twice its Zimbabwe Stock Exchange (ZSE) market capitalisation of approximately US$902,58 million. The valuation is based on an alternative value discovery mechanism the group recently undertook to better facilitate value enhancement and preservation for shareholders. The telecommunication giant, which…

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Cloud security mistakes Zim companies make

By Godfrey Nyoni MANY Zimbabwean companies now rely on cloud services for email, file storage, accounting systems, payroll processing, and customer records. Instead of keeping data on office computers or local servers, information is stored and accessed through internet-based platforms. This makes business operations faster and cheaper, and it supports remote work and digital growth.…

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Afdis invests US$8 million in packaging line

AFRICAN Distillers (Afdis) is in the process of acquiring an additional packaging line valued at US$8 million to enhance its capacity, efficiently meet rising market demand and support sustained growth. The Zimbabwe Stock Exchange (ZSE)-listed wines and spirits maker, in its trading update for the third quarter ended December 31, 2025, said it is aiming…

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Blue chips take early market lead

LARGE-capitalised companies have taken an early market lead this year with gains supported by limited investment options and rising US-dollar liquidity, equities analysts’ firm, Morgan & Co, has said. According to the analysts, blue-chip counters are expected to sustain growth momentum this year on both the Zimbabwe Stock Exchange (ZSE) and Victoria Falls Stock Exchange…

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Rising costs dampen Zimplats’ momentum

ZIMPLATS posted a 15 percent year-on-year growth in volumes mined during the second quarter to December 31, 2025, attributed to capacity expansion. This comes as the mined volumes improved by five percent from the prior quarter, supported by improved equipment availability at the underground mining operations. “The 15 percent increase from the prior comparable period…

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Implats sees earnings boost

IMPALA Platinum Holdings (Implats), the parent company of Zimplats, expects a sharp rebound in earnings for the six months to December 2025, driven by a strong recovery in platinum group metal prices and a solid operational performance. The group forecasts headline earnings to rise by more than 390 percent year-on-year, signalling improving margins after a…

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Restapedic aims 7K monthly bed output

AXIA Corporation’s bedding unit Restapedic is targeting to produce up to 7 000 beds per month in the short-to-medium term, supported by improved capacity following the opening of a new factory last year. The division is set to improve its market share amid strong competition from the bourgeoning informal sector. Restapedic moved its operations to…

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