Business & Investment
Economic news, markets, and investment updates.
Explore Business Profiles →Get the Zim Now Daily Brief
Business news, investment opportunities, market updates, and company insights.
You will complete your subscription on Substack.
Electrosales Opens Timber Factory in Mutare
Oscar J Jeke- Zim Now ReporterElectrosales, a subsidiary of Powerspeed, has launched a timber processing factory in Mutare, responding to growing demand in Zimbabwe’s construction industry. The facili...
Charles Msipa, the man who brought original Mazoe back, retires
Witness Runodada - Zim Now ReporterSchweppes Holdings Africa Limited has announced the retirement of its long-serving Managing Director, Charles Nkulukelo Msipa, who is set to step down at the end of...
Zimre Holdings Delivers 471% Profit Surge
 Audrey Galawu- Assistant Editor Zimre Holdings Limited posted a robust financial performance for the year ended December 31, 2024, with profit soaring by 471% to US$10.33 million, up from US$1.81 mil...
Zim's ZiG Mandate Creates Reporting Roadblocks
 Nyashadzashe Ndoro- Chief ReporterZimbabwean companies are increasingly encountering significant hurdles in their financial reporting obligations amidst the government's determined push for the adopt...
RioZim Meltdown: Workers Push for Rescue Over Missing Millions
Witness Runodada – Zim Now ReporterThe depth of the financial and operational crisis gripping RioZim has come into sharp focus following a court application by the Zimbabwe Diamond and Allied Minerals...
Unki Platinum Output Drops 15% in Q1
Oscar J Jeke- Zim Now Reporter Unki Platinum Mine, operated by Anglo American Platinum (Amplats), saw a 15% decline in output in the first quarter of 2025, producing 53 600 ounces. The dip was primari...
CBZ Navigates Global Uncertainty with Resilient Q1 Performance
Nyashadzashe Ndoro- Chief ReporterCBZ Holdings Limited, Zimbabwe's largest listed bank, has announced a robust financial performance for the first quarter ended March 31, 2025, demonstrating resilienc...
Tariff Removal on U.S. Imports: A Boon for Shoppers, a Bane for Manufacturers
AI generated image Audrey Galawu- Assistant EditorThe National Competitiveness Commission, in its analysis, acknowledges the advantages of the tariff suspension, particularly for businesses dependent...
Khayah Cement to Delist from ZSE as Part of Restructuring Efforts
Nyashadzashe Ndoro – Chief ReporterKhayah Cement Limited (formerly Lafarge) will hold an Extraordinary General Meeting on May 19, 2025, for shareholders to vote on the voluntary termination of the com...
Veritas Slams Govt's Pricing Policy Shift, Says Exchange Controls Remain Firm
 Philemon JambayaZim Now Editor Legal think tank Veritas has challenged the government's assertion that its recent move to end official exchange rate-based pricing signifies a relaxation of exchange...