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Zimbabwe's fertilizer industry gets $125 Million boost

Zimbabwe's fertilizer industry gets $125 Million boost

 Zimbabwe's fertilizer industry has received a significant boost with the Mutapa Investment Fund (MIF) securing a $125 million facility from the African Export-Import Bank (Afreximbank). This funding...

By Philemon Jambaya •
RTG Delivers 18% Profit Growth, Expands with Montclair Acquisition

RTG Delivers 18% Profit Growth, Expands with Montclair Acquisition

 Rainbow Tourism Group has posted strong results for the year ending December 31, 2024, with profit after tax climbing 18% to US$5.4 million, up from US$4.6 million in 2023. The performance was underp...

By ZimNow Reporter •
First Mutual Properties Strengthens Asset Base with Major Infrastructure Investments

First Mutual Properties Strengthens Asset Base with Major Infrastructure Investments

 First Mutual Properties has intensified efforts to strengthen the quality and security of its property portfolio, channeling US$530,154 into infrastructure maintenance during the half-year ended 30 J...

By Audrey Galawu •

Zim’s DPC CEO Appointed Vice-Chairman of IADI Africa Regional Committee

   Hopewell Zinyau, Chief Executive Officer of Zimbabwe’s Deposit Protection Corporation, has been elected Vice-Chairman of the International Association of Deposit Insurers – Africa Regional Committe...

By ZimNow Reporter •
RTG Delivers 18% Profit Growth, Expands with Montclair Acquisition

RTG Delivers 18% Profit Growth, Expands with Montclair Acquisition

 Rainbow Tourism Group has posted strong results for the year ending December 31, 2024, with profit after tax climbing 18% to US$5.4 million, up from US$4.6 million in 2023. The performance was underp...

By ZimNow Reporter •
Afreximbank and AAAM renew partnership to accelerate Africa’s automotive industry

Afreximbank and AAAM renew partnership to accelerate Africa’s automotive industry

  The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have renewed their memorandum of understanding (MoU), solidifying their joint commitment t...

By Philemon Jambaya •
Dairibord's financial turnaround fuels strategic growth

Dairibord's financial turnaround fuels strategic growth

   Dairibord Holdings Limited has engineered a remarkable financial turnaround, slashing its working capital deficit by 98.3% to just US$38,322 for the half-year ending June 30, 2025. This significant...

By Philemon Jambaya •
Zimbabwe raises 2025 economic growth forecast to 6.6%

Zimbabwe raises 2025 economic growth forecast to 6.6%

   Zimbabwe's Finance Minister, Mthuli Ncube, announced on Friday that the nation now expects its economy to grow by 6.6% this year, up from a previous forecast of 6%. The upward revision is a direct...

By Philemon Jambaya •
OK Zimbabwe revives community promotions to win back shoppers

OK Zimbabwe revives community promotions to win back shoppers

 OK Zimbabwe is rolling out a fresh wave of community-focused promotions in an effort to win back shoppers and revitalize confidence in the country’s struggling retail sector. The move comes after mon...

By ZimNow Reporter •
Star Africa Grows Revenue but Slides into Loss

Star Africa Grows Revenue but Slides into Loss

 Star Africa Corporation Limited reported mixed results for the year ended 31 March 2025, as revenue grew strongly but bottom-line performance slipped into a loss.Group revenue rose by 22% to ZWG$1.71...

By Audrey Galawu •