finance

Tigere tenant turnover surpasses target

TIGERE Property Fund (Tigere)’s tenant turnover surpassed expectations during the fourth quarter ended December 31, 2025, driven by the newly acquired Greenfield Retail Centre. The fund, which owns Highland Park phase 1 and 2 and Chinamano corner, acquired two more properties late last year, the Greenfields Retail Centre and Phase 1 of the Zimre Park…

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Zimplats sinks US$360 million in Mupani development

ZIMPLATS says development at its Mupani mineral resource is ‘advancing as planned’ after it spent US$360 million in its second quarter ended December 31, 2025, mainly towards underground infrastructure. The platinum miner, in its quarterly update, said this was, however, against a budget of US$386 million. Mupani Mine, which replaces the depleted Rukodzi and Ngwarati…

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ART confident of recovery efforts

AMALGAMATED Regional Trading (ART) is confident that its strategy of raising capital through preserving margins and disposing of non-core assets will yield positive results in the medium term. The group wants to raise resources to fund its retooling programme, which is expected to position the business on a growth trajectory. The paper, stationery, and battery…

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Zimpost, Telco partner to power green logistics

ZIMPOST is integrating green mobility solutions into its operations, underpinned by a recent site lease and commercial agreement with Telco Holdings, to facilitate the deployment of electric vehicles. Postmaster General Maxwell Chitendeni announced the transformative deal, which will see Zimpost’s vast network of post offices repurposed into modern, eco-friendly service hubs that integrate clean energy…

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Slice Group eyes regional expansion

SLICE Distributors will soon make forays into the vast African region as part of a broader growth strategy leveraging its diverse product offerings, the company’s general manager for finance and administration, Abena Chasowa, says. The group that owns fast food outlets such as Chicken Slice, Pizza Slice, Creamy Slice and Slice Grill said it plans…

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Zimra, Buy Zim launch smuggling blitz

THE Zimbabwe Revenue Authority (Zimra) and Buy Zimbabwe have launched a joint enforcement blitz to curb smuggling and protect local industry from unfair competition. In a joint statement yesterday, Buy Zimbabwe advocacy officer Elvis Masvaure said the collaboration was aimed at protecting local industries and also to safeguard consumers from counterfeit products. “The goal is…

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‘Shareholders should back Econet’s delisting’

ECONET Wireless Zimbabwe’s proposal to delist from the Zimbabwe Stock Exchange (ZSE) should be supported by shareholders as it is in their interests, experts have said. This comes as the proposal has triggered spirited debate among shareholders, policymakers and market analysts. The telecommunications giant believes that its shares are trading at a significant discount to its…

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