MASHONALAND Holdings (Mash Holdings) recorded a 12 percent increase in revenue to US$7 million for the year ended December 31, 2024 as growth in rental income was driven by effective …
finance
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ZIMBABWE’S trade deficit jumped to US$217,7 million in February 2025, as both imports and exports continued to decline.This comes as low production has hampered the country, and the informal sector …
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“The capacity to learn is a gift; the ability to learn is a skill; the willingness to learn is a choice.” – Brian Herbert WHAT an eye-opening experience it was, …
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TENANTS that have longer lease terms and are more exposed to foreign exchange generation are likely to safeguard “real” rental returns in the real estate market amid tightening of local …
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MASIMBA Holdings says the tight liquidity conditions in the market has hampered effective execution of projects resulting in cash flow challenges and increasing debtors’ book.The construction firm is a huge …
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ZIMBABWE’S airports saw passenger traffic rise by 19 percent in 2024, reaching 2,28 million, up from 1,93 million in 2023.The Civil Aviation Authority of Zimbabwe (CAAZ) reported this increase, attributing …
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Zimplow says it is refocusing its efforts on its mining and infrastructure business units, which have shown resilience despite economic setbacks for long-term growth in response to the challenging conditions …
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Companies & Markets
Willdale solar transition saves 5pct energy costs
by Staff Writerby Staff WriterWilldale expects its planned transition to solar energy to save up to five percent in energy costs as part of its efforts to reduce environmental impact and contain overheads.The brick-making …
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THE Zimbabwe Revenue Authority (Zimra) says it is targeting to collect US$7,16 billion in revenue this year, supported by various revenue enhancement measures.The national tax collector said the ambitious goal …
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OK Zimbabwe (OK Zim) plans to raise US$30 million through a combination of a rights issue, private placement and debt instruments, which will be channeled towards recapitalisation.This comes as the …