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CAFCA Doubles Down on Local Manufacturing as Economic Pressures Persist

CAFCA Doubles Down on Local Manufacturing as Economic Pressures Persist

CAFCA CEO Vimbayi Nyakudya Cable manufacturers CAFCA Limited says its long-term survival strategy now rests on operational resilience, strong governance and disciplined capital management as Zimbabwe’...

By Audrey Galawu •
FBC Holdings Gets Green Light to Merge FBC Bank and FBC Building Society

FBC Holdings Gets Green Light to Merge FBC Bank and FBC Building Society

 FBC Holdings Limited has received regulatory approval to merge its wholly owned subsidiaries, FBC Bank Limited and FBC Building Society, with the merger set to take operational effect on 30 December...

By Nyashadzashe Ndoro •
Nampak Revives Plans to Sell Zim Unit to Reduce Debt

Nampak Revives Plans to Sell Zim Unit to Reduce Debt

 South African packaging giant Nampak Limited has renewed efforts to sell its Zimbabwean subsidiary, Nampak Zimbabwe Limited, as part of a broader strategy to cut debt, simplify its funding structure,...

By ZimNow Reporter •
ZIMRA’s Monthly Tax Clearance Move Triggers Backlash from Businesses, SMEs

ZIMRA’s Monthly Tax Clearance Move Triggers Backlash from Businesses, SMEs

 Zimbabwe’s business community has reacted sharply to the Zimbabwe Revenue Authority’s announcement that Tax Clearance Certificates (ITF263) for the 2026 tax period will now be issued monthly, a move...

By Audrey Galawu •
Stanbic Bank Donates US$10k to Support Sustainability and a Greener Future

Stanbic Bank Donates US$10k to Support Sustainability and a Greener Future

 Stanbic Bank Zimbabwe has reaffirmed its commitment to environmental sustainability by donating US$10,000 to support the recently concluded 16th edition of the 2025 Friends of the Environment 500 Mil...

By Patricia Mashiri •
Anglo American, Teck Receive Canadian Approval for Merger of Equals

Anglo American, Teck Receive Canadian Approval for Merger of Equals

 Anglo American plc and Teck Resources Limited have received approval from the Government of Canada under the Investment Canada Act for their proposed merger of equals, the companies said in a stateme...

By Nyashadzashe Ndoro •
OK Zimbabwe Overhauls Board as Herbert Nkala Retires

OK Zimbabwe Overhauls Board as Herbert Nkala Retires

Herbert Nkala OK Zimbabwe Limited has announced a sweeping overhaul of its board following the retirement of long-serving chairman Herbert Nkala, marking a significant leadership transition at the lis...

By ZimNow Reporter •
Currency Shifts, Budget Delays Strain NCC Operations Despite Surplus

Currency Shifts, Budget Delays Strain NCC Operations Despite Surplus

NCC Executive Director Philip Phiri The National Competitiveness Commission says persistent macroeconomic instability, delayed budget approvals and currency transitions continue to undermine its opera...

By Audrey Galawu •
Tigere Property Fund Hits US$101 Million Capitalisation

Tigere Property Fund Hits US$101 Million Capitalisation

  Tigere Property Fund has crossed the US$101 million capitalisation mark, underscoring the rapid scale-up of its property portfolio and strengthening its position among Zimbabwe’s leading listed real...

By Oscar Jeke •
Econet Moves to Voluntarily Delist from ZSE, Proposes InfraCo Listing on VFEX

Econet Moves to Voluntarily Delist from ZSE, Proposes InfraCo Listing on VFEX

 Econet Wireless Zimbabwe Limited has announced plans to voluntarily delist from the Zimbabwe Stock Exchange, citing persistent undervaluation of its shares and a strategic shift aimed at unlocking sh...

By ZimNow Reporter •