AFRICAN Sun Limited (ASL) has confirmed that it has signed transactional agreements for the sale of Monomotapa Hotel to Monomotapa Hospitality (Private) Limited, in which the Public Service Pension Fund …
finance
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A NATIONWIDE power outage plunged Zimbabwe into darkness yesterday afternoon following a significant system disturbance, Zesa confirmed last night.Advertisements The power utility stated that the incident resulted in the loss …
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THE Zimbabwe Mercantile Exchange (ZMX) is battling lower-than-anticipated trading volumes due to market inefficiencies, despite ongoing stakeholders’ efforts to improve its competitiveness.The electronic agricultural commodities trading platform, launched in 2021 …
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CURRENCY issues, corruption and policy flip-flops are among the major factors that continue to hinder foreign direct investment (FDI) in the country, experts said this week.This is despite the escalating …
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THE decline in listed companies on the country’s stock exchanges is posing serious threats to the local capital markets by limiting access to capital, the Securities and Exchange Commission of …
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OMNICONTACT BPO Services, an Econet Wireless Zimbabwe business process outsourcing division, and UN Women — the United Nations Entity for Gender Equality and Women’s Empowerment in Zimbabwe — have joined …
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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 …
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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 …
