SIMBISA Brands (Simbisa) could see a stock re-rating if it sustains stronger operating profit margins, but fiscal risks and cost pressures remain key downsides, Inter Horizons (IH) Securities has said. …
finance
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Companies & Markets
Stanbic Bank expands scholarship program to Mash East
by Staff Writerby Staff WriterSTANBIC Bank Zimbabwe has extended its national scholarship program to Mashonaland West, inducting five undergraduate students from Chinhoyi University of Technology (CUT) into the initiative. The expansion brings the financial …
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ZIMBABWE’S infrastructure drive presents vast opportunities for local companies, with thousands of kilometres of roadworks and expanding contractor participation creating room for growth, Fossil Contracting chief executive Obey Chimuka has …
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International News
Old Mutual benefits from sharper corporate strategy
by Staff Writerby Staff WriterOld Mutual has increased its annual dividend by 8% after reporting an improved operating performance in Old Mutual Life and Savings, and Old Mutual Insure. Results from operations increased by …
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International News
Gold steadies as traders weigh inflation risks, oil-supply shock
by Staff Writerby Staff WriterGold traded in a narrow range as traders weighed inflationary risks against attempts to contain an oil-supply shock arising from the war in the Middle East. Bullion added as much …
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International News
AfrexInsure appoints Lesley Ndlovu as new chief executive
by Staff Writerby Staff WriterAFREXINSURE, the wholly-owned speciality insurance subsidiary of African Export-Import Bank (Afreximbank), has appointed Lesley Ndlovu as chief executive, as the group moves to strengthen its capacity to underwrite trade and investment …
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THE event director for Triathlon Zimbabwe, Rick Fulton, has lauded title sponsor Schweppes Zimbabwe and other key partners of the annual Bonaqua Africa Triathlon Cup for playing an instrumental role …
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THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ)’s director general, Gift Machengete, has been named the second best-performing public sector CEO for 2025, adding to a string of recent …
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THE Reserve Bank of Zimbabwe (RBZ) has assured state contractors that it has sufficient foreign currency inflows and reserves to meet US dollar demands following the treasury’s decision to pay …
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By Harry Benjamin Mercedes secured another one-two finish at the Chinese Grand Prix as 19-year-old Kimi Antonelli won his first Formula 1 race from pole position ahead of George Russell. …
