FIRST Mutual Properties (FMP) plans to scale up investment in the retail property segment, citing strong returns and growing demand for modern commercial spaces. 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…
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. The transport and logistics firm reported rising contributions from its cross-border operations and fourth-party logistics (4PL)…
RISING investor appetite for inflation-hedged assets, alongside improved infrastructure development, is driving demand in the property sector, a new report shows. 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…
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. 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…
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. Revenue rose significantly to ZiG5,06 million from ZiG1,65 million in the prior year. Gross profit climbed to ZiG2,05 million,…
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. The new prices, which were released by the Grain Marketing Board (GMB) yesterday, are aimed at cushioning farmers from rising production costs,…
ZIMBABWE is losing most of its gold output to poor recovery techniques used by artisanal and small-scale miners. Speaking during a Planet Gold Zimbabwe workshop in Bulawayo yesterday, ministry of Mines chief engineer Michael Munodawafa said poor recovery techniques were resulting in substantial mineral losses, undermining both national revenue and miners’ earnings. “A miner may…
CABS has launched HerNest, a women-focused banking solution that aims to close persistent gaps in access to finance for female entrepreneurs and professionals. The institution unveiled the product in Harare, signalling a growing shift in Zimbabwe’s financial sector towards inclusive banking models aligned with broader economic empowerment goals. The account requires minimal documentation for low-income…
TREASURY says it is seeking US$2,5 billion in bridging finance to clear Zimbabwe’s arrears with international lenders, including the World Bank and African Development Bank (AfDB). In an update at the 2026 IMF/World Bank Spring Meetings, the minister of Finance Mthuli Ncube said Zimbabwe is having conversations with the UK, Germany, Japan, France and Algeria…
UNIFREIGHT Africa (Unifreight) is expanding its courier business through the acquisition of an 86,67 percent stake in Cheetah Express Logistics. Cheetah Express Logistics is the sole authorised Global Service Participant for FedEx Express in Zimbabwe. The transaction, valued at US$2,08 million, represents approximately 15,7 percent of Unifreight’s market capitalisation on the Zimbabwe Stock Exchange. Unifreight…
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