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.
Edgars Carousel Manufacturing Units Sold Increase by 70%
Audrey GalawuAssistant EditorEdgars' Carousel manufacturing division has reported a remarkable 70% increase in units sold during the third quarter of the year, despite facing a challenging economic en...
Seed Co International Reports 28% Revenue Growth Despite Half-Year Loss
 Audrey Galawu Assistant Editor Seed Co International Limited released its unaudited financial results for the half-year ending September 30, 2024. The group reported a 28% rise in revenue, reaching U...
Mukuru authorised as DTMI
Mukuru founder Robert Burell Zim Now ReporterThe Reserve Bank of Zimbabwe has announced the authorisation of Mukuru as a Deposit-Taking Microfinance Institution.“It is hereby notified that Mukuru Fina...
Hippo Valley Estates Posts Mixed Interim Results Amid Currency and Market Shifts
Audrey GalawuAssistant EditorHippo Valley Estates Limited has released its Reviewed Abridged Interim Financial Results for the half-year ended 30 September 2024, revealing a complex operating environm...
Mutapa Fund Partners with Afreximbank in US$50 Million Investment Projects Deal
Oscar J JekeZim Now ReporterThe Mutapa Investment Fund has partnered with the African Export-Import Bank to mobilize up to US$50 million for the development of bankable investment projects. The collab...
National Foods Offers Strategic Share Buyback Ahead of Delisting
Audrey GalawuAssistant EditorNational Foods Holdings Limited, Zimbabwe’s leading food manufacturer, has announced plans to delist from the Victoria Falls Stock Exchange.Central to this transition is a...
Exchange Rate Volatility, Power Outages Cripple Businesses
Nyashadzashe NdoroChief ReporterZimbabwe Stock Exchange listed horticulture giant Tanganda Tea Company Limited has vowed to exercise caution when operating in Zimbabwe due to the country's volatile ec...
Copper, lithium output indices plummet as gold, other minerals surge
Oscar J JekeZim Now ReporterThe third quarter of 2024 has marked a significant turning point in the global mining sector, particularly for copper and lithium, which have faced notable production decli...
Tanganda Revises VFEX Migration Plans, Eyes Capital Raise
Nyashadzashe NdoroChief ReporterTanganda Tea Company Limited has shifted its plans from migrating entirely to the Victoria Falls Stock Exchange and now proposes a secondary listing through a new class...
Seed Co Limited Announces New Board Appointments
Zim Now Writer Seed Co Limited, a leading player in Africa's agricultural sector, has announced key changes to its board of directors, marking a new era for the company. The developments include the r...