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Chivayo’s IMC, Created for Failed Exclusive Starlink Deal Now in Roadworks

Chivayo’s IMC, Created for Failed Exclusive Starlink Deal Now in Roadworks

 Zim Now ReporterWicknell Chivayo’s IMC Communications, initially formed to secure an exclusive Starlink deal—a move ultimately thwarted by Starlink—is now reportedly shifting its focus to roadworks.T...

By Audrey Galawu •
OK Zim Seeks US$30 Million Capital Injection to Stabilise Operations

OK Zim Seeks US$30 Million Capital Injection to Stabilise Operations

Witness Runodada- Zim Now ReporterOK Zimbabwe Limited has announced that it is facing significant financial and operational challenges due to a difficult economic environment. The company revealed tha...

By Audrey Galawu •
First Capital Bank Expands Financial Inclusion

First Capital Bank Expands Financial Inclusion

Rutendo MazhinduZimNow Reporter First Capital Bank has embarked on an ambitious nationwide roadshow aimed at strengthening ties with clients fostering economic growth, and reinforcing its position as...

By Philemon Jambaya •
Fastjet introduces Harare-Lusaka flight with US$90 fare specials

Fastjet introduces Harare-Lusaka flight with US$90 fare specials

   Zim Now ReporterFastjet has announced its new Harare-Lusaka flights starting April 9, offering promotional one-way fares from $90, as it capitalizes on growing travel demand in Southern Africa. Thi...

By Monica Cheru •
CBZ Eyes Global Market Expansion

CBZ Eyes Global Market Expansion

Oscar J. Jeke, Zim Now ReporterZimbabwe’s largest financial institution, CBZ Holdings, is setting its sights beyond national borders as it prepares for international expansion. CEO Lawrence Nyazema ha...

By Audrey Galawu •

Dairibord Profit Surges on Lower Finance Costs, strong Sales

Zim Now Writer Dairibord Holdings Limited recorded a significant increase in profit after tax to US$3.77 million for the financial year ended December 31, 2024, driven by a 70.33% reduction in finance...

By Audrey Galawu •
Caledonia Mining Posts Record Profits for 2024

Caledonia Mining Posts Record Profits for 2024

Oscar J. Jeke- Zim Now ReporterCaledonia Mining has reported record-breaking profits for 2024, with gross profit soaring by 86% to US$77 million, driven by higher gold prices, increased production, an...

By Audrey Galawu •
Simbarashe Tongayi Appointed as ZEC CEO

Simbarashe Tongayi Appointed as ZEC CEO

Simbarashe Tongayi Witness Runodada- Zim Now ReporterThe Zimbabwe Electoral Commission has appointed Simbarashe Tongayi as its new Chief Elections Officer, effective April 1, 2025.In a statement confi...

By Audrey Galawu •
Padenga’s Gold Business Revenue Surges 43%

Padenga’s Gold Business Revenue Surges 43%

Oscar J. Jeke- Zim Now ReporterPadenga Holdings' gold mining subsidiary, Dallaglio, reported a 43% surge in group revenue to US$223 million in 2024, driven by a 17% increase in gold output and stronge...

By Audrey Galawu •

Old Mutual Zim Sees Surge in USD Transactions

 Oscar J Jeke- Zim Now ReporterFinancial services giant Old Mutual Zimbabwe has reported a sharp increase in United States dollar transactions, with USD now dominating its financial books. CEO Sam Mat...

By Audrey Galawu •