finance

Stanbic supports Zim–China horticulture trade

STANBIC Bank Zimbabwe has demonstrated its commitment to supporting Zimbabwean farmers’ access to international markets by participating in the Zimbabwe-China Horticulture Buyers Engagement held recently in Mutare. The buyer’s engagement, organised by the national trade and development agency, ZimTrade, brought together local horticulture producers and Chinese buyers seeking to establish supply relationships with Zimbabwean farmers.…

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Botha appointed Tanganda CEO

TANGANDA Tea Company has appointed Christiaan Botha as its chief executive with effect from March 30, 2026, taking over from Sharon Kodzanai, who has since been reassigned to the board. Botha has over 25 years experience in agribusiness and manufacturing, having held senior roles in commodity trading, agri-processing and fast-moving consumer goods manufacturing. He was…

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Zimra tightens border control

THE Zimbabwe Revenue Authority (Zimra) has launched a crackdown at the country’s border posts aimed at improving efficiency and promoting fair trade. This comes as the country is estimated to lose around US$1 billion per year in unpaid customs duties and taxes due to smuggling across its borders. This includes goods brought in through porous…

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City gears up for ZITF 2026

BULAWAYO is ready to host the 66th Zimbabwe International Trade Fair, positioning the event as a driver of investment. In a report, BCC corporate communications manager, Nesisa Mpofu, described ZITF as a strategic platform for advancing local economic development. “The annual trade showcase acts as a powerful catalyst for economic growth, boosting local businesses where…

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RBZ revokes Cashbox licence

THE Reserve Bank of Zimbabwe has cancelled Cashbox Financial Services Microfinance Bank’s operating licence, citing failure to meet key regulatory requirements. In a notice yesterday, the RBZ registrar of banking institutions, Philip Madamombe, said the cancellation takes immediate effect, citing multiple compliance breaches. “The cancellation of registration as a deposit-taking microfinance institution followed a determination…

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