South Africa’s agriculture minister signed a trade protocol with China to export five types of stone fruit to the Asian country for the first time. The agreement signed by John…
Johannesburg Stock Exchange (JSE) CEO Dr Leila Fourie has called for greater risk appetite among investors to support small and mid-cap companies – the real engines of job creation in…
Former Kenyan Prime Minister Raila Odinga has died at the age of 80, family sources have told the BBC. Odinga died on Wednesday while receiving medical treatment at a hospital in India. Indian police told the AFP news agency that he was walking with family members and a personal doctor “when he suddenly collapsed”. He…
THE Insurance and Pensions Commission (Ipec) has raised alarm over the continued rise in pension contribution arrears, which grew by 18,84 percent in the second quarter of 2025, reflecting persistent defaults by sponsoring employers.Ipec’s pensions report for the quarter ended June 30, 2025 shows arrears increased to US$110,43 million, up from US$92,92 million in the…
TURNALL Holdings (Turnall) revenue for the half-year ended June 30, 2025 declined by nine percent to US$5 million from US$5,5 million a year earlier as liquidity constraints in the economy weighed heavily on consumer demand.The Reserve Bank of Zimbabwe (RBZ) has been keeping a hawkish eye on money supply by maintaining interest rates higher at…
ZIMPLOW Holdings (Zimplow) is making wide-ranging cost cuts, including staff layoffs, as it seeks to protect thinning margins and boost production efficiency.The agro-industrial firm’s agriculture-related units are still reeling from the impact of the El Nino-induced drought in 2024 which resulted in the group posting a US$718 499 loss for the six months ended June…
ZIMBABWE’s short-term insurers grew revenue by 30 percent in the first half of 2025 to ZiG3,72 billion, driven mainly by motor and fire insurance policies, the Insurance and Pensions Commission (Ipec) has said.Calculated at an average exchange rate of US$1: ZiG26,65, this translated to US$139,53 million, up from US$106,99 million in the same period of…
THE Confederation of Zimbabwe Industries (CZI) has urged the country to speed up its adoption of environmental, social and governance (ESG) policies and compliance with regulations to secure access to green financing.Zimbabwe has begun embracing sustainability through mandatory ESG reporting for listed companies, community-led projects such as sustainable farming and community gardens, the use of…
THE Insurance and Pensions Commission (Ipec) says Zimbabwe’s life assurance sector is at a crossroads and must adapt and innovate to remain relevant while contributing to the country’s economic growth.In its life assurance sector report for the half year ended June 30, 2025, Ipec stressed the need for insurers to move beyond traditional products and…
EDGARS Stores (Edgars) says it will continue to expand its geographic footprint through the opening of new stores in strategic locations. The Victoria Falls Stock Exchange-listed apparel retailer has been expanding its footprint, targeting underserved low-income markets and low-income consumers to widen its customer base. “A further seven Express Stores are targeted for expansion before…
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