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Stanbic Bank Zimbabwe Posts Strong 2024 Profits

Stanbic Bank Zimbabwe Posts Strong 2024 Profits

Stanbic Zimbabwe CEO Solomon Nyanhongo  Zim Now ReporterStanbic Bank Zimbabwe made a big profit of ZWG 1.1 billion in 2024, thanks to higher interest income and smart currency moves. The bank’s CEO, S...

By Monica Cheru •
Currency confusion clouds Mashonaland Holdings audit report

Currency confusion clouds Mashonaland Holdings audit report

 Nyashadzashe Ndoro-—Chief ReporterA significant accounting discrepancy has cast a shadow over Mashonaland Holdings Limited's 2024 financial results, with independent auditors Axcentium issuing a qual...

By Audrey Galawu •
2025 Tobacco Sales Surpass US$100 Million in First 17 Days

2025 Tobacco Sales Surpass US$100 Million in First 17 Days

  Zim Now ReporterZimbabwe's tobacco sales have surpassed the milestone of US$100 million in just 17 days since the auction and contract floors opened mid-March.The national crop sold so far has reach...

By Monica Cheru •
Crime, Chaos and Costs drive businesses out of Harare & Bulawayo CBD

Crime, Chaos and Costs drive businesses out of Harare & Bulawayo CBD

Nyashadzashe Ndoro- Chief ReporterZimbabwe’s two largest cities, Harare and Bulawayo, are experiencing a mass exodus of businesses from their central business districts, according to a new analysis by...

By Audrey Galawu •
Ariana Resources Secures GBP 1.1 Million in Funding for Dokwe Gold Project

Ariana Resources Secures GBP 1.1 Million in Funding for Dokwe Gold Project

  Ariana Resources managing director Kerim Sener  Audrey Galawu- Assistant Editor London-listed mineral exploration and development company Ariana Resources PLC announced this Wednesday the successful...

By Monica Cheru •
Zim Records 7.5% Increase in February Diaspora Remittances

Zim Records 7.5% Increase in February Diaspora Remittances

Witness Runodada- Zim Now ReporterIn February 2025, Zimbabwe recorded a notable increase in diaspora remittances, receiving US$165 million—a 7.5% rise from the US$153.8 million recorded in the same mo...

By Audrey Galawu •
Gold Exports Glitter for Zim

Gold Exports Glitter for Zim

 Zim Now ReporterIn a significant boost to the economy, Zimbabwe's gold exports have seen a substantial increase in the first two months of 2025, according to the Reserve Bank of Zimbabwe.The country'...

By Monica Cheru •
SA’s Chas Everitt Expands into Zim’s Property Market

SA’s Chas Everitt Expands into Zim’s Property Market

Oscar J. Jeke- Zim Now ReporterSouth African real estate giant Chas Everitt International has entered Zimbabwe’s property market, targeting the growing demand for luxury residential properties amid ri...

By Audrey Galawu •
Masiyiwa, Nvidia Partner to Build Africa’s First AI Factory

Masiyiwa, Nvidia Partner to Build Africa’s First AI Factory

Oscar J. Jeke- Zim Now ReporterAfrica is set to enter the artificial intelligence revolution with the launch of its first AI factory, an initiative led by businessman Strive Masiyiwa’s Cassava Technol...

By Audrey Galawu •
Gray Homes in US$574k Dispute, appeal against lawsuit dismissed

Gray Homes in US$574k Dispute, appeal against lawsuit dismissed

Nyashadzashe Ndoro-—Chief Reporter The High Court of Zimbabwe, Commercial Division, has dismissed Gray Homes (Pvt) Ltd's attempt to block a US$574,582.12 breach of contract lawsuit through arbitration...

By Audrey Galawu •