Business Digest

No missile will break our inflation resolve, says RBZ

The assurance came as global crude markets reeled from a war that has disrupted flows through a strategic artery handling roughly 20% of world oil supply.

By Mthandazo Nyoni 2h ago

No missile will break our inflation resolve, says RBZ

Afreximbank backs Africa’s digital trade future with new startup accelerator

By Mthandazo Nyoni 20h ago

IIZ expands regional footprint as demand for insurance professionals rises

By Mthandazo Nyoni Mar. 21, 2026

Old Mutual keeps Zim business ring-fenced as fund transfers stall.

The decision, applied prospectively, reflects the economy’s continued reliance on the US dollar and brought an end to hyperinflation accounting for the unit.

By Tatira Zwinoira Mar. 20, 2026

Windmill seeks US$10m for agro-industrial hub

“Our target is to raise about US$10 million, which will be used to construct a service centre in front of Nemakonde Road,” he said, referring to a site near Westgate.

By Concilia Mupezeni Mar. 20, 2026

Windmill seeks US$10m for agro-industrial hub

‘Tax hikes threaten Simbisa Brands growth momentum’

The group plans to roll out 31 new outlets and refurbish 21 stores by June 2026, part of a broader strategy to deepen its footprint across the region.

By Tatira Zwinoira Mar. 20, 2026

‘Tax hikes threaten Simbisa Brands growth momentum’

Standard Bank dollarises Zim unit, tightens risk controls

The bank posted profit after tax of ZiG682,2 million for the half year to June 2025, up from ZiG27,1 million in the comparable period.

By Tatira Zwinoira Mar. 20, 2026

Standard Bank dollarises Zim unit, tightens risk controls

Delta pours US$39m into local grain supply

Murambinda said the company’s sorghum programme complements its commercial grain supply, anchoring production in its traditional beer segment.

By Freeman Makopa Mar. 20, 2026

Delta pours US$39m into local grain supply

Zimbabwe–Uganda trade below US$1m, growth potential huge — ZimTrade

Majuru said a market scan conducted by ZimTrade in Uganda last year revealed several opportunities for stronger commercial cooperation.

By Business Reporter Mar. 19, 2026

Zimbabwe–Uganda trade below US$1m, growth potential huge — ZimTrade

Old Mutual keeps Zim business ring-fenced as fund transfer stall

The challenge of repatriating funds outside Zimbabwe appeared again in the parent company’s annual financial statements for the period ended December 31, 2025.

By Tatira Zwinoira Mar. 18, 2026

Old Mutual keeps Zim business ring-fenced as fund transfer stall

Stanbic scholarship fund expands to Mashonaland West

Stanbic Bank Zimbabwe head of brand and marketing Tariro Memo said the institution places strong emphasis on education as a driver of opportunity and economic growth.

By Business Reporter Mar. 18, 2026

Stanbic scholarship fund expands to Mashonaland West

AfrexInsure appoints Lesley Ndlovu as new chief executive officer

Commenting on his appointment, Ndlovu said he was deeply honoured to assume the role at such a transformative moment in the company’s journey.

By Mthandazo Nyoni Mar. 16, 2026

AfrexInsure appoints Lesley Ndlovu as new chief executive officer

HEXA launches educational travel packages for schools

Destinations covered in the programme include Harare, Victoria Falls, Kariba, Bulawayo, Nyanga and Masvingo.

By Business Reporter Mar. 16, 2026

HEXA launches educational travel packages for schools

Nedbank bankrolls Mbare maternity clinic upgrade

Herry said the project aligned with national development priorities by focusing on maternal and child healthcare.

By Gracious Daniel Mar. 13, 2026

Nedbank bankrolls Mbare maternity clinic upgrade

Zim merger deals surge 86% as corporate activity rebounds

The commission said 2025 marked a significant shift in deal-making activity, driven by domestic consolidation and rising cross-border investment.

By Mthandazo Nyoni Mar. 13, 2026

Zim merger deals surge 86% as corporate activity rebounds

New monetary measures boosts pension funds prospects

Inflation slowed to 4,1% in January — the lowest level in more than three decades — while the exchange rate remained relatively stable under the willing-buyer willing-seller system.

By Mthandazo Nyoni Mar. 13, 2026

New monetary measures boosts pension funds prospects

Frenzy of optimism over Delta as Econet exit reshapes ZSE

With Econet leaving the exchange, analysts say Delta could absorb a significant portion of that investor demand.

By Tatira Zwinoira Mar. 13, 2026

Frenzy of optimism over Delta as Econet exit reshapes ZSE

‘Outstanding retention funds tied to govt, not RBZ’

In the past week, mining firms in Zimbabwe’s platinum sector reported that significant sums were owed to them, and attributed to the RBZ.

By Staff Writer Mar. 13, 2026

‘Outstanding retention funds tied to govt, not RBZ’

Stanbic Bank, NUST Launch Scholarship Fund for Matabeleland students

Under the programme, selected students will receive full tuition, accommodation, meals, laboratory and equipment fees, as well as a brand-new laptop.

By Business Reporter Mar. 12, 2026

Stanbic Bank, NUST Launch Scholarship Fund for Matabeleland students

Africa targets US$50bn in deals as Nigeria secures IATF 2027

Former Nigerian president Olusegun Obasanjo, who chairs the IATF2027 Advisory Council, said preparations were already under way to ensure a successful event.

By Mthandazo Nyoni Mar. 10, 2026

Africa targets US$50bn in deals as Nigeria secures IATF 2027

Major brokerage backs African Sun share buyback ahead of VFEX exit

African Sun last week announced plans to buy back up to 40% of its issued shares at US$5,17 each.

By Tatira Zwinoira Mar. 6, 2026

Major brokerage backs African Sun share buyback ahead of VFEX exit

‘Zim must mobilise local savings to unlock renewable energy finance’

According to Matsekete, de-risking frameworks and policy coherence are essential to attract both domestic and foreign capital.

By Donald Nyandoro Mar. 6, 2026

‘Zim must mobilise local savings to unlock renewable energy finance’

Zim owes Zimplats US$78m in unpaid export earnings

Under the country's export retention policy, exporters must surrender 30% of their foreign currency earnings to authorities in exchange for ZiG, at the prevailing interbank rate.

By Tatira Zwinoira Mar. 6, 2026

Zim owes Zimplats US$78m in unpaid export earnings

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UK miner Contango tweaks Zim game plan

The company confirmed that cumulative receipts under the MRA had reached US$1 million by June 2025, including US$500 000 received since February that year.

By Tatira Zwinoira Mar. 6, 2026

Simbisa Brands warns tax hikes squeeze consumers

Authorities have also introduced a 15% rental income tax on business leased premises, while calls to increase the income tax free threshold were rejected.

By Tatira Zwinoira Mar. 6, 2026

Simbisa Brands warns tax hikes squeeze consumers

Afreximbank tops African capital markets league tables

The rankings highlight Afreximbank’s leadership in structuring debt solutions and attracting capital from a wide pool of investors both within and outside Africa.

By Mthandazo Nyoni Mar. 5, 2026

Afreximbank tops African capital markets league tables

Zim firm develops smart safes to improve banking

A leading Harare-based company, Unihold Investments, has introduced a technologically advanced smart safe for smooth banking purposes.

By Jairos Saunyama Feb. 27, 2026

Zim firm develops smart safes to improve banking

SMEDCO urges tax reform to unlock MSMEs’ growth

ZIMBABWE’S complex and costly tax framework is discouraging micro, small and medium enterprises (MSMEs) from formalising, undermining efforts to integrate a sector that generates more

By Ruth Maseko Feb. 27, 2026