EXPERTS are concerned about plans by authorities to maintain, and possibly to increase, the portion of foreign currency earnings that exporters must relinquish. Speaking to The Financial Gazette — the …
finance
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Companies & Markets
Delta, Schweppes pay US$21 million in sugar tax…as additional group tax liabilities loom
DELTA Corporation (Delta) says together with its associate Schweppes Zimbabwe, they paid a total of US$20,7 million in sugar tax for the financial year ended March 31, 2025, severely impacting …
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ZB Financial Holdings (ZB) posted a 224 percent growth in profit after tax (PAT) of ZiG261,94 million during the first quarter to March 31, 2025 from a year earlier, driven …
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NMB Bank Zimbabwe Limited (NMB) is intensifying efforts to secure an additional US$150 million in offshore credit lines to expand its lending operations in support of productive sectors.This initiative forms …
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By Ashly Kapumha THE global foreign exchange market is an over-the-counter marketplace that determines the exchange rate for currencies around the world. It is not an isolated trend, but a …
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PADENGA Holdings (Padenga) says it plans to right-size its agribusiness segment in accordance with global demand for crocodile skins, which has recorded a significant downturn.The group has mining operations and …
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IN 2025, Zimbabwe stands at a digital crossroads. As the nation moves toward a more technology driven economy where mobile money, e-government platforms, digital education, and online business are becoming …
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By Beaven Dhliwayo Group Features Editor Eazi-Apps, a global leader in mobile app and software development, has officially launched its operations in Zimbabwe, marking a major step forward for digital …
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MASHONALAND Holdings (Mash Holdings) says development of its Greendale Cluster Housing Stands project is set to commence in the current quarter ending June 30, 2025 after securing all regulatory approvals.The …
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By Collen Chirenda Businesses all over the world are preoccupied with a deep desire to grow their fortunes. Executives are driven by the need to outcompete rivals and expand their …