finance

The science of hiring

HR Perspective with MEMORY NGUWI HIRING remains one of the most consequential de­cisions any leader will ever make. The people an organisation hires ultimately determine its ability to execute strategy,…

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ZSE, VFEX extend bull run

Advertisements LOCAL equities continued their rally in May driven by strong investor demand amid improving macroeconomic stability and corporate earnings expectations.Advertisements Both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) have had a good start to the year as investors target companies with strong business fundamentals. According to investment an­alysts, FBC…

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Diversify economy or suffer: Analysts

Advertisements Prisca Tshuma and Mishma ChakanyukaAdvertisements ECONOMIC experts have sounded the alarm over the local economy’s heavy reliance on the key metals sec­tor. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts warned this week that this over-dependence on metals meant that…

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Strong tobacco output boosts Nampak

Advertisements NAMPAK Zimbabwe (Nam­pak) is anticipating stronger business performance in the second-half of the year driven by higher packaging requirements fol­lowing a significant increase in na­tional tobacco production.Advertisements The group’s packaging business derives a substantial portion of its revenue from the tobacco industry. According to the Tobacco Indus­try and Marketing Board (TIMB) Zimbabwe is projected…

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Gold deliveries tick up

Advertisements GOLD deliveries to Fidelity Gold Refinery, Zimbabwe’s sole authorised gold buyer, refiner and exporter, rose to 3 951kilogrammes (kgs) in May 2026, up 18,8 percent from 3 325kg recorded in April and the highest monthly total so far this year. Small-scale miners accounted for 2 741kg, representing nearly 69 percent of total deliveries, while…

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Old Mutual Insurance profit surges

Advertisements OLD Mutual Insurance Company’s profit before tax grew 208 percent on an annualised basis to ZiG101,4 million during the year ended December 31,2025 driven by growth in gross written premiums (GWP).Advertisements GWP increased 12 percent year-on-year to ZiG1,14 billion on the back of growth in all revenue lines. Insurance revenue was up seven percent…

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Bright gold prospects for Zimbabwe

Advertisements A NEW global report has fore­cast a positive outlook for Zimbabwe’s gold industry on the back of sustained global de­mand driven by debt pressures, infla­tion and geopolitical risks.Advertisements The ‘In Gold We Trust (IGWT) Report 2026’ recently released by US investment research firm Sound Money Capital says gold is gradual­ly reclaiming a central role…

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Caledonia strikes high-grade gold

Advertisements CALEDONIA Mining Corporation has struck significant gold mineralisation at its Motapa exploration property that could ex­tend the life of its Bilboes Gold Project in a combined mining operation.Advertisements The group found several high-grade drill intersections, includ­ing 19 metres at 8,08 grammes per tonne (g/t) gold and 12 metres at 7,12g/t at Motapa North. The…

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‘SME bourse to unlock growth capital’

Advertisements Prisca TshumaAdvertisements THE launch of the Zimbabwe Entrepreneurship Exchange (ZEEX) could ease access to long-term capital and help growth-focused firms expand, according to the Small and Medium Enter­prises Association of Zimbabwe (SMEAZ). This follows the regulatory approval granted to Zimbabwe Stock Exchange Limited (ZSE) by the Securities and Exchange Commission of Zimba­bwe (SECZim) to…

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