SIMBISA Brands (Simbisa) is strengthening its cost optimisation efforts to protect margins pressured by multiple taxes and increased operational expenses. The Victoria Falls Stock Exchange-listed regional fast food restaurant chain has also been offering various promotional activities, including discounted prices to customers, which has inadvertently impacted margins. In Zimbabwe, the group’s largest market, contributing 72…
ZIMBABWE maintained its positive trade momentum in January 2026, recording its fourth consecutive monthly trade surplus of US$114 million, latest figures show. While maintaining a surplus streak, the January performance represents a 52,6 percent decrease from the US$240,1 million surplus recorded in December 2025. According to the Zimbabwe National Statistics Agency (Zimstat), the country’s January…
By Memory Nguwi MOST boards have a charter. Very few actually use it in any meaningful way. In many organisations, the only time a director reads the charter is during…
THE government is concerned about the threat from illegal seed dealers and unlicensed buyers to the country’s key tobacco industry. Opening the 2026 tobacco marketing season in Harare yesterday, the minister of Finance Mthuli Ncube said these nefarious activities needed to be stopped at all costs. This comes after the first tobacco bale fetched US$4,60…
INNBUCKS MicroBank (InnBucks) reported a ZiG99,4 million profit for the six months to December 31, 2025, three times the ZiG33 million achieved in the comparable period prior year, supported by higher non-interest income. Non-interest income increased by 313 percent to ZiG352,8 million, driven by higher transactional volumes and Treasury-driven trading activities. Fees and commission income…
HARARE-BASED branding firm Premier Corporate Gifts (PCG) is celebrating its tenth anniversary, marking a decade of creativity, resilience, and growth. The company’s managing director and co-founder, Betty Mpala, described the…
TANGANDA Tea Company (Tanganda) expects increased throughput at its avocado oil extraction plant this year, supported by external supplies, as it moves to valorise waste and diversify its income streams. The diversified agro-industrial group recently entered into a joint venture with Trade Link Global BV of Netherlands in establishing an avocado oil extraction plant at…
THE government has formalised a new regulatory framework designed to attract private capital into national infrastructure after the Cabinet approved the Zimbabwe Public Private Partnership (PPP) Guidelines this week. The mandatory guidelines are designed to standardise how the state and private investors collaborate on large-scale projects. Minister of Finance Mthuli Ncube said the government, working…
THE Committee of SADC Stock Exchanges (CoSSE) is set to establish the SADC Capital Markets Association (SACMA), a new regional body aimed at strengthening capital markets integration and development across the region. CoSSE represents 14 registered stock exchanges across the SADC region. SACMA will serve as a broad and inclusive platform bringing together securities exchanges,…
THE Tobacco Industry and Marketing Board (TIMB) says the adoption of biometric systems at all auction floors has significantly reduced side marketing in the tobacco sector. Side marketing occurs when contracted farmers sell their crop to unauthorised buyers instead of the contractors who financed their production. For years, the practice has cost the industry millions…
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