HERBERT Nkala has stepped down as chairman of Tanganda Tea Company (Tanganda), after 29 years of service, including the last five as chairman, amid a broader restructuring at the country’s largest tea producer. Advertisements The move, confirmed Friday, coincides with a shareholding shift following the entry of new strategic investor Rutanhi Investments, an Innscor Africa…
STANBIC Bank Zimbabwe (Stanbic) recorded a profit after tax of ZWG1,7 billion for the year ended December 31, 2025, a 48 percent increase from the prior year, driven by robust loan book growth and strong economic fundamentals.Advertisements The bank’s net interest income grew by 77 percent to ZWG1,8 billion, underpinned by a 57 percent expansion…
Following the participation of six Southern African countries at the 2025/26 AFCON in Morocco, the Mukuru Four Nations Tournament has been hailed as the perfect next step to sustain that…
By Simbarashe Hamudi COMPANIES often make prepayments because suppliers may require payment before they provide the goods or services. This is common in the insurance industry, where policyholders typically pay…
Oil prices have fallen after US President Donald Trump said negotiations to end the war were progressing, while Iran said “non-hostile” vessels could pass through the Strait of Hormuz.Advertisements Brent crude fell by 5% to just under $100 (£74.62) a barrel on Wednesday. Trump said on Tuesday that talks to end the war were happening…
Coca-Cola HBC Finance BV is raising at least €1.5 billion ($1.7 billion) of debt on Thursday to help fund an acquisition of another drinks bottling firm. The finance entity of…
By Charlotte Malakoff THERE was a time when a plate of sadza, slow-cooked beef bones and a side of pumpkin leaves was considered the nation’s favourite dish. While some might…
THE National Railways of Zimbabwe (NRZ) is set to appoint a substantive general manager early next month as part of efforts to revitalise the parastatal, its parent company, Mutapa Investment Fund (MIF) has said.Advertisements The national rail company has been operating for over a year without a substantive general manager after Respina Zinyanduko, the first…
By Leonita Mhishi IN Zimbabwe’s property circles, one question keeps resurfacing at braais, in WhatsApp groups, and across diaspora conversations: is it better to buy a stand and build, or…
By Walter Maira IN today’s digital world, almost every action leaves a trace. From sending messages on WhatsApp and browsing websites to using mobile money platforms and social media, daily…
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