TSL to discontinue car rental operations

HARARE – TSL Limited has announced the discontinuation of two non-core businesses, with the latest being its car rental operations. The company said this is part of a strategic move to streamline its portfolio and...

Innscor invests $10.4m in agriculture to boost local food security

HARARE (FinX) - Innscor Africa Limited's agriculture unit, PHI/Agrowth, invested a total of US$10.4 million in the current summer cropping season as part of its objectives to ensure a continuous supply of raw materials...

Download: January national milk production statistics

Milk production Figures Jan 2025 (1) HARARE (FinX) Zimbabwe’s milk production was up 2.5% in January 2024, reaching 9.76 million litres, up from 9.52 million litres recorded in the same period last year. This growth...

RTG budgets US$1 mln for Montclair Hotel refurbishment

Pride Mzarabani  HARARE (FinX) - Rainbow Tourism Group Limited (RTG) is set to invest approximately US$1 million in the refurbishment of Montclair Hotel & Casino once the transaction of acquiring the property is finalised. This announcement...
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Zinara budgets ZWG11.6 bln for road rehabilitation

Itai Ndongwe HARARE - The Zimbabwe National Road Administration (ZINARA) anticipates allocating 11.6 billion ZiG in financial disbursements to road authorities throughout 2025 for road maintenance and upgrade projects. This figure marks a substantial increase of...

Small-Scale Miners Set to Benefit from Revised Gold Incentive Threshold

HARARE (FinX) The Zimbabwe Miners Federation (ZMF) has announced a significant revision to the incentive threshold for gold deliveries, aimed at supporting the country's artisanal and small-scale miners. The new threshold, which lowers the...

Ariston in lacklustre outturn in Q1 December

HARARE – Ariston Holdings has released its trading update for the first quarter ending December 31, 2024, revealing a mixed performance as the company navigates significant challenges in the agricultural sector. The update highlights...

British Ambassador Meets ZC Ahead of Historic England Tour

 By Staff Reporter Harare, – The British Ambassador to Zimbabwe, Pete Vowles, visited Harare Sports Club on Thursday to meet with Zimbabwe Cricket (ZC) officials and the national team ahead of Zimbabwe’s first tour to...

Zimbabwe Mandates Sustainability Reporting for Listed Companies Starting 2024

HARARE - In a significant regulatory development aimed at enhancing corporate accountability, the Public Accountants and Auditors Board (PAAB), the Zimbabwe Stock Exchange (ZSE), and the Victoria Falls Stock Exchange (VFEX) announcedthat all listed...

EcoCash to soon rebrand following reorganisation

HARARE - Econet Wireless Zimbabwe and EcoCash Holdings announced that they had successfully completed a comprehensive reorganisation of their financial technology businesses. As of April 2024, all Fintech assets, including EcoCash (Private) Limited, VAYA Technologies...