finance

Willdale to set up industrial park

WILLDALE is set to set up an industrial park in Mt Hampden after regaining possession of its 123,6-hectare land which had been unlawfully occupied by third parties. The brick maker said vacant possession has been granted to the appointed contractor to commence development. “The initiation of on-site works, together with the planned disposal of industrial…

Subscribe to read full article. Subscribe today

Read more

AI honeypots might become Zim’s cyber defence

By Godfrey Nyoni CYBERCRIME in Zimbabwe continues to grow every year, especially attacks involving phishing, password cracking, mobile money fraud, and attempts to break into bank and government systems, and the sad truth is that most organisations only realise they were hacked long after the damage has already been done. But imagine if hackers could…

Subscribe to read full article. Subscribe today

Read more

Seed Co advances product diversity

SEED CO has taken a firm stance responding to climate change challenges with the introduction of two maize hybrids and a wheat variety during the six months to September 30, 2025. The seed producer added to its portfolio the medium-maturity hybrids SC661 and SC657 to its maize seed range, targeting stable performance across different rainfall…

Subscribe to read full article. Subscribe today

Read more

Nampak maintains Zim unit sell-off

NAMPAK Limited (Nampak) says its Zimbabwean assets are still ‘held for sale’ following the TSL deal collapse earlier this year. Agro-industrial firm, TSL entered into an agreement with Nampak to snap up its 51,43 percent shareholding in Nampak Zimbabwe for US$25 million before it pulled out at the eleventh hour. The South African packaging firm…

Subscribe to read full article. Subscribe today

Read more

Pomona, Seatrite boost WestProp earnings

WESTPROP Holdings (WestProp) recorded a 31,7 percent increase in revenue to US$5,60 million during the third quarter ended September 30, 2025, driven by robust sales at Pomona City and Seatrite residential projects. During the period under review, Pokugara’s contribution to group revenue decreased significantly from US$1,25 million to US$0,31 million. This decline is attributed to…

Subscribe to read full article. Subscribe today

Read more

NTS plots return to profitability

NATIONAL Tyre Services (NTS) anticipates resuming direct procurement of budget tyre brands from China and implementing strategic cost reductions to restore the company’s profitability by the end of next year. Last year, the group announced it had restarted sourcing budget tyres from China in response to increasing competition from informal players, which was eroding its…

Subscribe to read full article. Subscribe today

Read more

General Beltings upbeat on FY profit

GENERAL Beltings Holdings (GB) is projecting a robust full year profit supported by a strong order book in the second half of the year, mainly from the construction and mining sectors. The Zimbabwe Stock Exchange (ZSE)-listed rubber and chemicals manufacturer, in its financial results for the six months to June 30, 2025 doubled operating profit to…

Subscribe to read full article. Subscribe today

Read more

Zimbabwe’s SME sector fragile

ZIMBABWE’s micro, small and medium enterprises (MSME) sector is structurally fragile, hindered by limited access to finance and external markets as well as over-reliance on imports, the inaugural State of the MSME Sector Report shows. According to the report, Zimbabwe’s emerging businesses scored a composite index of 49,6 percent, reflecting a sector still ‘developing.’ The…

Subscribe to read full article. Subscribe today

Read more

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More