Business Digest

Kavango set to increase exploration

The Nara project comprises 45 contiguous gold claims.

By Tatira Zwinoira May. 2, 2025

Gold investor Nasdaq listing back on track

By Staff Writer May. 2, 2025

FCB takes prudent approach to balance sheet expansion

By Tatira Zwinoira May. 2, 2025

Zim Airports Company doubles down on aviation security plan

Ageing security systems and outdated infrastructure have long hindered Zimbabwe’s competitiveness in the region.

By Freeman Makopa May. 2, 2025

Coping or cracking: Psychological toll of Zim’s informal economy

The informal economy now protects millions of people from financial ruin.

By Vongai Mahagwe Apr. 25, 2025

Coping or cracking: Psychological toll of Zim’s informal economy

Procurement key performance indicators simplified analysis (I)

Key Performance Indicators (KPIs) are key in the provision of an in-depth analysis of where the procurement function is impacting on the business and how the impact changes overtime.

By Charles Nyika Apr. 25, 2025

Procurement key performance indicators simplified analysis (I)

ZSE CEO eyes 25% market cap to GDP

Justin Bgoni, chief executive officer at the ZSE, told businessdigest the ratio figure would reach between 20% and 25% during the period, placing the bourse

By Mthandazo Nyoni Apr. 25, 2025

Telecoms boom as firms invest in new assets

Zida said this week the telecoms sector was rapidly transitioning to data-driven services, with mobile internet and data traffic continuing to rise.

By Lee Musaidzi Apr. 25, 2025

Telecoms boom as firms invest in new assets

Harnessing the power of procurement audits

Due to so many moving parts in procurement, it can be easy for rogue spending to seep through the cracks, leading to fraud and serious compliance infractions.

By Charles Nyika Apr. 17, 2025

Harnessing the power of procurement audits

Africa’s first AI factory: What it means for Zim, continent

That figure should make anyone stop and think: Without access to the right infrastructure, how can the continent truly compete on a global stage?

By Evans Sagomba Apr. 17, 2025

Africa’s first AI factory: What it means for Zim, continent

Rethinking medical aid, pensions in Zim

Medical aid schemes in Zimbabwe have also lost much of their sheen.

By Memory Nguwi Apr. 17, 2025

Embracing future in post-letterbox epoch

Access to an email address, a smartphone and a mobile number is no longer a luxury.

By Jacob Mutisi Apr. 17, 2025

Embracing future in post-letterbox epoch

AfDB to disburse US$1,4m to Zim

According to an AfDB implementation progress report, US$8,62 million of the loan had been disbursed as of April 4, with the project slated for completion in two months’ time.

By Tatira Zwinoira Apr. 17, 2025

Solgas on expansion drive, to double production in Hwange

The expansion follows Old Mutual Zimbabwe’s US$7,3 million investment in 2021 to construct a 5,3MW solar plant on a 100-hectare site at Cross Mabale.

By Tafadzwa Mhlanga Apr. 17, 2025

Solgas on expansion drive, to double production in Hwange

KMH injects over US$50m into ZimAlloys

ZimAlloys managing director Deric Dube told businessdigest this week that a substantial portion of the capital outlay had been used to procure equipment, among other priorities.

By Tinashe Kairiza Apr. 17, 2025

Zimre Holdings set to refocus capex to strategic investments

The Eagle REIT project, which commenced last year, is expected to be completed in 2026.

By Tafadzwa Mhlanga Apr. 17, 2025

Zimre Holdings set to refocus capex to strategic investments

Afreximbank defies global economic headwinds with record US$973,5m profit in 2024

Zimbabwe is one of the 54 African member states participating in Afreximbank.

By Mthandazo Nyoni Apr. 14, 2025

Afreximbank defies global economic headwinds with record US$973,5m profit in 2024

We will halt rapid mushrooming of service stations in Harare: Mafume

It is high time we mixed the people here with people from outside so that we can have realignment

By Freeman Makopa Apr. 11, 2025

We will halt rapid mushrooming of service stations in Harare: Mafume

Counterfeit crisis a big threat to economy

Consumer Council of Zimbabwe chief executive officer, Rose Mpofu noted that the counterfeiting challenge is not unique to Zimbabwe. She said this was a global crisis.

By Staff Reporter Apr. 11, 2025

Counterfeit crisis a big threat to economy

Huge progress in reducing unclaimed shares

Mutorogodo added that the reason behind the low number of claims was mostly due to the slow submission of claims due to the stringent “know your client” requirements.

By Blessed Ndlovu Apr. 11, 2025

Huge progress in reducing unclaimed shares

Canadian firm LARC makes headway in lithium mining

In a presentation to shareholders, the firm disclosed it had commenced drilling on the Zimbabwe asset located in Mashonaland Central, in January.

By Tatira Zwinoira Apr. 11, 2025

Canadian firm LARC makes headway in lithium mining

Banks automate, phase out traditional roles

BAZ believes the digital shift presents employees with opportunities to upskill and transition into new roles better suited to a digital economy.

By Ashton Ndakusiya Apr. 11, 2025

Banks automate, phase out traditional roles

Gold investor’s Nasdaq listing plan hits snag

The merger was expected to form a US$609 million entity, which would trade its stock on Nasdaq — the second-largest American stock exchange.

By Business Reporter Apr. 11, 2025

Gold investor’s Nasdaq listing plan hits snag

CABS strikes fresh deals to bolster Zim economy

During the period, loans and advances rose by 14,37% to US$192,03 million, with the majority supporting the commercial and industrial sectors.

By Lee Musaidzi Apr. 4, 2025

CABS strikes fresh deals to bolster Zim economy

Labour rights under threat as company woes persist

In an interview with businessdigest, ALPZ chairperson Caleb Mucheche said companies must prioritise fair labour practices.

By Lee Musaidzi Apr. 4, 2025

Labour rights under threat as company woes persist

Choppies records US$1m loss on sale of Zim unit

According to Choppies’ unaudited interim financial results for the six months ended December 31, 2024, the supermarket chain’s Zimbabwe unit was a cash drain.

By Tatira Zwinoira Apr. 4, 2025

Choppies records US$1m loss on sale of Zim unit

Zim banks explore syndicate financing amid cash crunch

This liquidity crunch is being caused by hawkish monetary and fiscal policies meant to preserve the artificial value of the ZiG.

By Tatira Zwinoira Apr. 4, 2025

Zim banks explore syndicate financing amid cash crunch

Old Mutual Zim invests US$20m in tech upgrade

The company’s chief executive officer, Samuel Matsekete, told businessdigest that the investment would support growth initiatives across various business lines.

By Tafadzwa Mhlanga Apr. 4, 2025

Old Mutual Zim invests US$20m in tech upgrade

Caledonia executives strike gold

Banking groups have in the past year culled over 500, according to estimates by Zibawu, which predicts a bloodbath in 2025, as operators respond to tech-driven upheavals.

By Tatira Zwinoira Apr. 4, 2025