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.
Price hikes fuel profit gains for BAT as sales volume drops
Nyashadzashe NdoroBritish American Tobacco Zimbabwe defied a tough economic climate in 2023 to achieve a significant rise in profits, despite a decline in sales volume.“The trading environment for the...
NMB navigates challenging environment to deliver strong financial performance
Nyashadzashe NdoroNMB Bank Limited, a Zimbabwean commercial bank, has reported a strong financial performance for the year ended December 31, 2023, despite a challenging operating environment.The bank...
Zimbabwe targets US$60 billion tobacco industry
Tobacco Reporter - Zimbabwe is targeting plans to create a $60 billion tobacco industry by 2028.Currently, the government is working towards increasing processing and value addition of tobacco from 2...
Govt announces early appointment of RBZ Governor amid currency turmoil
Incoming RBZ Governor, John Mushayavanhu Nyashadzashe NdoroFormer FBC Holdings Limited chief executive officer John Mushayavanhu has taken over as the new governor of the Reserve Bank of Zimbabwe, a m...
FMHL takeover: CBZ Holdings awaits green light from regulators
Nyashadzashe NdoroFirst Mutual Holdings Limited shareholders were informed today by CBZ Holdings Limited that the acquisition of additional shares in FMHL is still awaiting regulatory approval.This co...
Edgars Stores Limited bids farewell to ZSE, eyes new life on VFEX
Nyashadzashe NdoroThe Zimbabwe Stock Exchange announced a halt in trading for Edgars Stores Limited shares, effective Wednesday March 27, 2024.This marks the final day investors can buy or sell Edgars...
65 new exhibitors register for the ZITF
Oscar J JekeOrganisers of this year’s 64th edition of the Zimbabwe International Trade Fair have confirmed 65 new exhibitors, with a total of 466 exhibitors already registered for the fair set to be o...
Champion Foods becomes third biggest Milling plant in Zimbabwe
Oscar J JekeNewly-commissioned, Champion Foods that boasts of three milling plants, has become one the biggest milling plants in the country with a capacity to produce 500 metric tonnes of maize meal...
Govt apologises for delay in outstanding wheat payments
Oscar J JekeGovernment is sorting out outstanding wheat payments to farmers, the Minister of Lands, Agriculture, Fisheries, Water and Rural Development, Anxious Masuka has said.Answering to questions...
Tigere REIT soars despite Zimbabwe’s economic turbulence
Nyashadzashe NdoroTigere Real Estate Investment Trust’s latest report highlights the challenges and opportunities faced by the company in Zimbabwe’s economic climate.The company released its financial...