finance

Equity gains lift Datvest fund

THE Datvest Modified Con­sumer Staples Exchange Traded Fund (Datvest ETF) reported a 45 percent increase in net asset value (NAV) for the year ended December 31, 2025, driven by strong equity market gains and improved investor activity.Advertisements During the period under review, the fund closed with an inflation adjusted net asset value after tax of…

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Eagle REIT expands development pipeline

EAGLE Real Estate Investment Trust is accelerat­ing its development pipeline across retail, tourism and healthcare segments, with an aim to grow its property portfolio and harness long-term returns for unit holders.Advertisements The Victoria Falls Stock Exchange (VFEX)-listed REIT’s strategy is anchored on developing modern, demand-driven assets in emerging growth corridors, capitalising on shifting property market…

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Tight liquidity weighs on IDBZ

THE Infrastructure Development Bank of Zimbabwe (IDBZ) says the prevailing tight liquidity con­ditions and high interest rates impacted the bank’s resource mobilisation efforts leading to delays in the completion of projects.Advertisements The Reserve Bank of Zimbabwe has for almost two years kept the policy rate at an incredible 35 percent in order to manage inflation,…

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Fidelity targets underserved markets

FIDELITY Life Assurance (Fidelity) is targeting un­derserved and marginalised segments of the economy, to expand its market base and drive growth amid rising demand for financial security solutions.Advertisements The insurer said growth in 2026 will hinge on deep­ening its value proposition by offering solutions that re­spond to increasing demand for financial protection. “Central to this…

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NMBZ margins under pressure

NMBZ Holdings says it is facing sustained pressure on lending margins as borrowers push for cheaper loans, forcing pricing adjust­ments. This comes as the financier has secured more than US$185 million in credit lines and is finalising an additional US$70 million, which is expected to fur­ther support lending growth.Advertisements NMBZ chief executive Gerald Gore told…

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Kavango secures exploration funding

KAVANGO Resources Plc says it has secured sufficient cash reserves and funding facilities to sustain exploration and operations for at least 12 months, as it accelerates project development.Advertisements Late last year, the company received US$749 149 un­der tranche two of its share subscription with Comarton Pension Fund. While part of the funds was received before…

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More must be done for SMEs

FOR a country in which the informal sector has become the primary source of livelihoods for millions, the government’s recent push to develop dedicated SME workspaces, industrial centres and funding mechanisms is both welcome and overdue.Advertisements Zimbabwe’s long-marginalised small and medium enterprises sector is finally beginning to receive the kind of infrastructural attention that matches…

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Lithium sulphate export sets tone for beneficiation

THE Zimbabwe Junior Chamber of Mines (ZJCM) has welcomed the country’s first export of lithium sulphate, saying the development sets a benchmark for mineral validation and beneficiation while boosting investor confidence.Advertisements The development follows the shipment of the first consignment of lithium sulphate by Prospect Lithium Zimbabwe, a subsidiary of China’s Zhejiang Huayou Cobalt. The…

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