OK Zimbabwe (OK Zim) says its proposed turnaround plan, which involves raising equity capital and disposing of some underperforming assets, will bring business back on track.The country’s largest retailer by …
finance
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PADENGA Holdings (Padenga) expects to significantly boost profitability this year, supported by surging gold prices and strict cost-control measures.The group’s mining subsidiaries have been recording positive margins, with gold production …
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EDGARS Stores (Edgars) says rental costs across the group grew by 35 percent last year due to the rise in property values and the transition to US-dollar denominated charges.The apparel …
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ZIMBABWE’s exports increased by 9,6 percent to US$727,3 million in May 2025, with semi-manufactured gold accounting for over half of the country’s total export value, latest data shows.According to the …
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PERSONAL loans to households constituted the largest share of private sector credit in Zimbabwe during the first quarter of 2025, accounting for 28,44 percent of total lending, outpacing agriculture (17,15 …
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THE manufacturing sector was the top contributor and primary driver of Zimbabwe’s overall gross domestic product (GDP) growth in 2024, accounting for 15,3 percent, latest figures show.According to the annual …
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TSL has identified three non-performing assets for sale to raise funds towards the acquisition of a 51,43 percent equity stake in Nampak Zimbabwe. The agro-industrial firm is looking forward to …
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Opinions
HR PERSPECTIVE: Board overreach and management encroachment
by Staff Writerby Staff WriterIN the ideal world of corporate governance, the distinction between the role of the board of directors and that of management should be unmistakably clear. Boards are expected to govern …
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BRITISH American Tobacco Zimbabwe (BAT) has announced a refined sustainability strategy to guide its operations to a ‘smokeless’ future.Tobacco companies are facing increasing pressure regarding sustainability, driven by concerns about …
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MASIMBA Holdings (Masimba) recorded double digit decreases in fuel consumption year-on-year in 2024 as streamlining of operations and procurement of more efficient equipment paid off.The group’s business entails operating mobile …
