Many user departments continue to fail procurement by submitting poorly written specifications.
Business Digest
By Charles Nyika
Aug. 29, 2025
For Zimbabweans, like most Africans, our digital lives remain fundamentally dependent on foreign tech giants.
Business Digest
By Naison Bangure
Aug. 29, 2025
FCB said the growth was driven mainly by increases in loans and advances.
Business Digest
By Tatira Zwinoira
Aug. 29, 2025
The minister of Local Government and Public Works reported that the 32 urban local authorities failed to attain annual performance targets, with 16% falling outside recommended values.
Matambara said AI had emerged as an important factor in humanity that governments could no longer afford to relegate it to a department in other ministries.
Business Digest
By Musavengana Chirau
Aug. 29, 2025
JCR cited Afreximbank’s strong strategic positioning, consistent profitability, and robust capital base as key factors supporting the rating.
Business Digest
By Mthandazo Nyoni
Aug. 28, 2025
Procurement teams are now considered to be best placed to pursue other value addition strategies such as being the first line of defence to protect profit margins against high inflation
Business Digest
By Charles Nyika
Aug. 22, 2025
Bitumen World, a leading construction firm announced Thursday it will be laying off staff to strengthen its long-term sustainability and “maintain its vital role in infrastructure development
Business Digest
By Andre Zietsman
Aug. 22, 2025
Every September, the world marks International Childhood Cancer Awareness Month
Business Digest
By Pamela Makanjera
Aug. 22, 2025
SHAMVA Gold Mine has deployed over US$1,5 million of its US$7 million capital expenditure budget for the year
Business Digest
By Mthandazo Nyoni
Aug. 22, 2025
A product/profit petroleum split between the Republic of Zimbabwe and the company, aligned with regional standards which will result in Zimbabwe receiving a fair share of the resources;
Business Digest
By Tinashe Kairiza
Aug. 22, 2025
According to real estate firm Knight Frank, this structural shift is also driven by the search for less congested environments out of CBDs.
Business Digest
By Tatira Zwinoira
Aug. 22, 2025
The company’s price to earnings (P/E) ratio stands at 11,8 times, slightly above the industry average of 11.
Business Digest
By Tatira Zwinoira
Aug. 22, 2025
In Zimbabwe, funeral assurance is not just insurance; it is culture, economics, and psychology rolled into one.
Business Digest
By Chiedza Kondenga
Aug. 15, 2025
I have noticed that over the years, governance has been regulatory-driven
Business Digest
By Memory Nguwi
Aug. 15, 2025
The new Bill — which requires a review of all areas of US-South African engagement — could be the most serious threat yet to relations.
Business Digest
By Julia Ndlela
Aug. 15, 2025
The group has invested over US$450 000 in the Botswana venture, with key personnel already in place.
Business Digest
By Melody Chikono
Aug. 15, 2025
Kavango has three projects in Zimbabwe — Hillside, Nara Gold and Leopard.
Business Digest
By Concilia Mupezeni
Aug. 15, 2025
Beyond the pandemic, the last mile delivery service will forever remain crucial. It is like the final lap of a race. But as has been demonstrated over the years, it can make or break the supply chain
Business Digest
By Charles Nyika
Aug. 15, 2025
Zimbabwe Stock Exchange maintained its upward momentum in July, with market capitalisation climbing 5% month-on-month, following a 2% rise in June
Business Digest
By Mthandazo Nyoni
Aug. 15, 2025
According to the Zimbabwe Stock Exchange Holdings (ZSE Holdings), demand for REITs has been rising as investors seek diversified and structured real estate exposure.
Philp said the beverages manufacturing industry remained committed to supporting initiatives that promote public health.
Business Digest
By Melody Chikono
Aug. 9, 2025
Zimbabwe’s insurance penetration rate — defined as the ratio of insurance premiums to gross domestic product — remained low at approximately 2% in 2024
Business Digest
By Chiedza Maeresera
Aug. 8, 2025
Last month, news broke of a Canadian fraud ring that used AI to clone the voices of elderly Americans’ grandchildren
Business Digest
By Evans Sagomba
Aug. 8, 2025
Zimbabwean food excellence is making headlines, with two local brands securing honours at the prestigious 2025 Aurora International Taste Challenge (AITC), held in South Africa recently.
Business Digest
By Staff Writer
Aug. 8, 2025
Zimbabwe’s previous participation has yielded concrete results, including US$20 million worth of deals secured at the Egypt edition.
Business Digest
By Mthandazo Nyoni
Aug. 8, 2025
FINANCIAL services firm FBC Securities has warned that Zimbabwe’s expanding informal sector presents structural challenges to sustainable economic growth, revenue formalisation.
Business Digest
By Ashton Ndakusiya
Aug. 8, 2025
Deputy Agriculture minister Davis Marapira confirmed the delays, stating the ministry was in talks with the Treasury to expedite disbursement.
Business Digest
By Melody Chikono
Aug. 8, 2025
Financial services group ZimRe Holdings Limited (ZHL) is making a final push to recover more than US$1,1 million frozen by US authorities during the sanctions era, businessdigest can reveal.
Business Digest
By Melody Chikono
Aug. 8, 2025
The deal marks a significant step in completing Africa’s largest single-train refinery, which is poised to transform regional energy supply and reduce dependence on imported fuel.
Business Digest
By Mthandazo Nyoni
Aug. 5, 2025
MIF’s milestone follows the April approval of a revival plan crafted by CSC corporate rescue practitioner Crispen Mwete, aimed at resuscitating what was once Africa’s largest integrated meat processor
Business Digest
By Tinashe Kairiza
Aug. 1, 2025
“The directors’ assessment included a review of the group’s financial performance and position as at March 31, 2025, as well as an evaluation of short- and medium-term prospects,” Ariston said
Business Digest
By Melody Chikono
Aug. 1, 2025
The VFEX Depository currently holds securities for a total of 17 issuers, comprising 12 equities, three depository receipts, a REIT, and a bond.
Business Digest
By Melody Chikono
Aug. 1, 2025
In January, Paramount made a formal complaint with the Insurance and Pension Commission, over the case.
Business Digest
By Blessed Ndlovu
Aug. 1, 2025
The industry is forecasting worsening access to foreign currency this year, under the prevailing policy.
Business Digest
By Freeman Makopa
Jul. 25, 2025
ZIMBABWE’S premier tourist destination, the Victoria Falls, is facing renewed scrutiny from environmentalists over unchecked commercial development in its rainforest.
ZSE Holdings owns and operates both the Zimbabwe Stock Exchange (ZSE), which trades in local currency, and the Victoria Falls Stock Exchange (VFEX), a USD-denominated bourse.
“We are not going to be allowing any more chrome or lithium to leave Zimbabwe raw in NDS2,”
ABOUT US$86 million worth of projects classified under the “prescribed asset” bracket failed to attract investment from Zimbabwe’s pension funds last year,
Business Digest
By Melody Chikono
Jul. 18, 2025
The Mazowe and Redwing projects will complement Namib’s existing How Mine, a high-grade underground operation with a proven track record.
Business Digest
By Tatira Zwinoira
Jul. 18, 2025
The Old Mutual Zimbabwe subsidiary, which launched in early 2023, has expanded its client base steadily, but declined to disclose specific figures.
Business Digest
By Mthandazo Nyoni
Jul. 18, 2025
Supply chains are the ones that will compete.
Business Digest
By Charles Nyika
Jul. 11, 2025
Old Mutual said this collaborative model was designed to “de-risk investment and unlock further funding” for large scale energy infrastructure.
Business Digest
By Mthandazo Nyoni
Jul. 11, 2025
EDGARS Stores Limited has allocated US$1,3 million in capital expenditure (capex) for its current fiscal year ending January 4, 2026
Business Digest
By Concilia Mupezeni
Jul. 11, 2025
From Lagos to Nairobi, governments are offering foreign operators long-term airport management rights in return for investment in terminals, runways, and technology.
Business Digest
By Freeman Makopa
Jul. 11, 2025
The miner also mentioned that the proximity to Johannesburg, South Africa, would give them access to suppliers in the neighbouring country which has a robust supply chain.
Business Digest
By Tatira Zwinoira
Jul. 11, 2025
Several companies have been moving their operations to neighbouring nations to reduce the cost of production.
Business Digest
By Melody Chikono
Jul. 4, 2025
At the beginning of the year, CBZ set a goal to raise US$500 million in credit lines this year to tackle the country’s liquidity challenges and support economic growth.
Business Digest
By Blessed Ndlovu
Jul. 4, 2025
A binding sale and purchase agreement has already been signed between the parties, he said, marking a significant milestone in finalising the transaction.
Business Digest
By Concilia Mupezeni
Jul. 4, 2025
Hippo initiated “Project Zambuko”, a plan to implement cost containment measures and optimise revenue.
Business Digest
By Tatira Zwinoira
Jul. 4, 2025