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NEWS & CURRENT AFFAIRS
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Business Digest

ZMF pushes for ASM gold syndicates to tap into hefy govt offer

Fidelity Gold Refinery in March lowered the incentive threshold from 20 kilogrammes to 500 grammes, making it easier for more miners to qualify for the 5% gold delivery incentive.
By Lee Musaidzi May. 23, 2025
ZMF pushes for ASM gold syndicates to tap into hefy govt offer
Zimra tax audit blitz alarms Zim business
Zimra tax audit blitz alarms Zim business
By Ashton Ndakusiya May. 23, 2025
potential with generative AI
potential with generative AI
By Naison Bangure May. 23, 2025
Property developers target informal traders
Property developers target informal traders
Mashonaland’s investment properties were valued at US$91,91 million at the end of March.
By Tatira Zwinoira May. 23, 2025
Schweppes buyout set to spur Delta revenue growth
The profit after tax was an increase of 16% over the prior year.
By Tatira Zwinoira May. 23, 2025
Schweppes buyout set to spur Delta revenue growth
Cites, spare a thought for creepy crawlies
Each of the four was sentenced to a fine of US$7 700 or a year in prison for violating Kenya’s wildlife conservation laws.
By Emmanuel Koro May. 23, 2025
Cites, spare a thought for creepy crawlies
Hypocrisy never builds nations, it destroys instead
The blood-dimmed tide is loosed, and everywhere
By Harry Wilson May. 23, 2025
Hypocrisy never builds nations, it destroys instead
20 yrs after Murambatsvina — Focus on housing development
Urban to rural migration, particularly among the middle-aged population, has reinforced the lucrativeness of “sabhuku deals”.
By Takudzwa Mathende May. 23, 2025
20 yrs after Murambatsvina — Focus on housing development
Zimbabwean Business Council UAE champions cross-border growth
As Zimbabwe and the UAE deepen their ties, ZIBCO is set to remain at the centre of this economic renaissance, amplifying voices, unlocking value and forging lasting prosperity.
By The Zimbabwe Independent May. 23, 2025
Zimbabwean Business Council UAE champions cross-border growth
Power of big data analytics in procurement procedure
Though seemingly obvious, next to cash, information is king.
By Charles Nyika May. 23, 2025
Power of big data analytics in procurement procedure
Afreximbank posts strong net income of US$215 million
The group posted strong net income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period.
By Mthandazo Nyoni May. 21, 2025
Afreximbank posts strong net income of US$215 million
Redwing investor seals US merger
On May 6, HCVI held a special meeting of stockholders in connection with the merger.
By Tatira Zwinoira May. 16, 2025
Redwing investor seals US merger
Performance management system: Seven critical CEO level questions
Performance management should be more than a compliance exercise. It should be a strategic engine — driving clarity, accountability, growth, and ultimately, business results.
By Memory Nguwi May. 16, 2025
Performance management system: Seven critical CEO level questions
WestProp declares US$2,4m dividend
Revenue surged by 80% to US$29,04 million, and gross profit nearly doubled to US$11,15 million, driven by strong sales from key residential developments such as Pomona City.
By Tatira Zwinoira May. 16, 2025
WestProp declares US$2,4m dividend
Shamva explores modular plan for US$200m project
The plan, according to Shamva Gold Mine general manager Gift Mapakame, offers investors a more manageable risk reward profile amid volatile market conditions.
By Mthandazo Nyoni May. 16, 2025
Shamva explores modular plan for US$200m project
AI no longer science fiction
In Zimbabwe, these technologies bring both challenges and opportunities. On one hand, AI can help us solve problems in areas such as healthcare, farming, and education.
By Naison Bangure May. 16, 2025
AI no longer science fiction
Eagle REIT set to list on forex bourse today
Other assets comprise Mazowe Walk and recently acquired land in Chegutu.
By Morgan & Co May. 16, 2025
Eagle REIT set to list on forex bourse today
Caledonia eyes bumper reserves on firm gold price
Caledonia will be looking to leverage these prices as it anticipates producing 74 000 to 78 000 ounces at Blanket Mine.
By Tatira Zwinoira May. 16, 2025
Caledonia eyes bumper reserves on firm gold price
Is VFEX’s first property trust poised to boost liquidity?
Eagle REIT presents some compelling advantages for investors, particularly institutional ones such as pension funds and insurance companies.
By Kudakwashe Taimo May. 16, 2025
Is VFEX’s first property trust poised to boost liquidity?
Ins, outs of economic order quantity
Supply chain professionals will therefore sometimes feel as if they are walking tightrope
By Charles Nyika May. 16, 2025
Ins, outs of economic order quantity
Forced consolidation looming: Ipec warns small pension funds
The regulator first proposed consolidation three years ago but has seen little progress, with 80% of pension funds still using expensive imported IT systems.
By Mthandazo Nyoni May. 15, 2025
Forced consolidation looming: Ipec warns small pension funds
ZAPF’s congress kicks off in Victoria Falls
Highlights include Farai Gaba’s analysis of state service pension models and Arthur Mutambara’s keynote on artificial intelligence’s transformative role in pension management.  
By Business Reporter May. 14, 2025
ZAPF’s congress kicks off in Victoria Falls
FMP rental collection rate declines
Management has intensified tenant engagement to recover arrears while diversifying its portfolio to reduce reliance on struggling payers.
By Tatira Zwinoira May. 9, 2025
FMP rental collection rate declines
SA miner Sibanye to inject US$16,44m into Mimosa
The average platinum group of metals (PGM) basket price used on the Mimosa equity-accounted joint venture was R25 433 per ounce of 4E metals.
By Staff Reporter May. 9, 2025
SA miner Sibanye to inject US$16,44m into Mimosa
Standard Chartered Plc takes US$172m hit on Zim exit
The loss reflects years of value erosion due to exchange rate volatility, ultimately dragging down the group’s earnings.
By Tatira Zwinoira May. 9, 2025
Standard Chartered Plc takes US$172m hit on Zim exit
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Relentless inflation batters pillar of Zim recovery hopes
They spoke as official data showed annual inflation making an astounding comeback in April, spiralling to 85,7% — up from 57,% in April 2024.
By Mthandazo Nyoni May. 9, 2025
Relentless inflation batters pillar of Zim recovery hopes
Kavango set to increase exploration
The Nara project comprises 45 contiguous gold claims.
By Tatira Zwinoira May. 2, 2025
Kavango set to increase exploration
Gold investor Nasdaq listing back on track
Nasdaq determined that the 36 months elapsed on March 31, 2025, at which time HCVI and Namib had not finished their merger.
By Staff Writer May. 2, 2025
Gold investor Nasdaq listing back on track
FCB takes prudent approach to balance sheet expansion
Total assets were up nearly 25% to US$295,8 million at the end of the financial period under review, driven by loan portfolio.
By Tatira Zwinoira May. 2, 2025
FCB takes prudent approach to balance sheet expansion
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
Zim Airports Company doubles down on aviation security plan

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