PFUMA REIT has declared its first-ever dividend of US$446 719 at 0,0948 US Cents per share for the first quarter, dating February 6 to March 31, 2026, driven by net property income, which reached US$316 582. Total revenue was anchored by the two seed assets (Hogerty Hill Centre and Chegutu) as well as investment income.…
DATVEST’S Modified Consumer Staples ETF reported a ZiG9,4 million inflation-adjusted net asset value for the year ended December 31, 2025, rising from ZiG7,3 million, driven by equity gains. The growth reflects a 45 percent year-on-year increase in the fair value of equity investments, underpinned by the fund’s diversified exposure to both the ZSE All Share…
ZIMPLATS’ tonnes milled grew 15 percent year-on-year during the third quarter to March 31, 2026, due to improvements in the availability and performance of the mechanised fleet and higher volumes of open-pit production. 6E concentrate volumes also increased by 18 percent to 159 000 ounces, with production in the prior comparable period adversely impacted by…
MOBILE network operators (MNOs) spent ZiG1,08 billion, cumulatively, during the fourth quarter of 2025, double the ZiG509 million spent in the third quarter as players accelerated network expansion, latest figures show. This translates to roughly US$41,6 million spent during the quarter in real terms. According to the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)’s…
ESCALATING production costs are squeezing local firms, even as the country maintains single-digit inflation, the Confederation of Zimbabwe Industries (CZI) has warned. The trend, driven primarily by rising prices for fuel, fertiliser, and other essential inputs, has significantly inflated production and logistics costs. In an update, the industry body said the operating environment during the…
ZIMBABWE’s tobacco exports reached 83 million kilogrammes valued at US$545 million as of April 23, 2026, marking a 66 percent surge in volume compared to the same period last year, official data shows. Minister of Information Zhemu Soda said a total of 149,9 million kilogrammes (kgs) of tobacco had been sold as of day 34 since the opening…
ZIMBABWE’S healthcare system is already fragile, overstretched and underfunded. Public hospitals face chronic shortages, long waiting times and recurring industrial unrest. In that environment, any policy affecting healthcare financing should…
FIRST Capital Bank has finalised the disposal of its 50 percent stake in Makasa Sun, which owns the Makasa Sun Hotel, formerly Kingdom Hotel in Victoria Falls, to ASB Hospitality. Last year, the bank and its co-shareholder First Capital Bank Pension Fund, which each held a 50 percent stake, announced that they had agreed to…
ZIMBABWE’s trade deficit widened significantly in March 2026, surging by 59,3 percent to reach US$142,8 million as a sharp rise in imports offset steady gains in the country’s export sector. Data released by the Zimbabwe National Statistics Agency (ZimStat) reveals that while exports grew by 6,7 percent to US$932 million, the value of imported goods…
ON a busy weekday morning in the central business district, office workers scroll through their phones between meetings, while just a few kilometres away in Mbare, traders exchange cash rapidly…
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