finance

Esteemed Top Companies Survey honours kick in

ZIMBABWE’s best-performing businesses will be crowned in Harare tomorrow morning at the prestigious Top Companies Survey (TCS) Awards. The annual gongs are organised by The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — in close partnership with leading financial services group, Old Mutual Zimbabwe. The pre-eminent…

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Dangote lauds Zimbabwe’s investment landscape

AFRICA’s richest man, Aliko Dangote, has credited Zimbabwe’s improved operating climate and policy transparency as the catalyst for his group’s new multi-billion dollar investment plan for the country. The Nigerian billionaire said he plans to invest as much as US$1 billion in Zimbabwe to build cement and power plants as well as a fuel pipeline.…

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ZB to strengthen loan book

ZB FINANCIAL Holdings (ZB) has projected a significant growth in net interest income in the final quarter this year, supported by newly secured lines of credit. This comes as the group’s income from lending operations produced muted results during the nine months to September 30, 2025 owing to ‘tight liquidity pressures’. “The group has secured…

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Masimba revenue strategy takes shape

MASIMBA Holdings (Masimba) has reported significant progress in its strategic efforts to diversify its order book by achieving a better balance between private and public sector projects. The engineering firm, whose order book consists predominantly of government construction projects, aims to grow orders from the private sector to mitigate risks associated with Treasury payment delays.…

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Afdis aims to regain market share

AFRICAN Distillers (Afdis) is set to accelerate the expansion and upgrading of its plant and equipment to meet growing demand and reclaim market share, leveraging the government’s efforts to curb smuggled and counterfeit products. The alcoholic beverages sector is starting to witness improved volume performance as multi-stakeholder attempts to rein in smuggled products begin to…

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Let’s build on NDS1 gains

AS Zimbabwe turns the page on the first phase of its National Development Strategy 1 (NDS1), the time has come for sober reflection and renewed determination. The programme’s completion marks an important milestone on the country’s path towards Vision 2030, and while NDS1 was far from flawless, it undeniably provided the scaffolding upon which the…

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Namib Minerals focuses on grade consolidation

NAMIB Minerals says it is focusing on stabilising grade performance and completing throughput capacity improvements at How Mine. According to the group, these improvements are expected to yield geared production and grades in the upcoming year. “The company expects 2025 to continue as a year of grade consolidation and optimisation at its flagship How Mine…

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Delta revenue surges to US$514 million

DELTA Corporation’s revenue increased by 32 percent to US$514 million during the half-year to September 30, 2025, from US$389 million recorded in the prior period, driven by volume growth across the Zimbabwe business units. The beverage maker said the growth was also reflective of the inclusion of Schweppes as a subsidiary. Schweppes was consolidated into…

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Turnall targets operating profitability

TURNALL Holdings (Turnall) is projected to break-even at the operating profit level by the end of the year, supported by increased revenue, improved factory operational efficiency and a stable macro-operating environment. The Zimbabwe Stock Exchange-listed fibre cement roofing material maker has recently been struggling for profitability due to inefficient plant and machinery owing to years…

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