Elombi becomes the fourth president to lead the bank since its establishment in 1993.
Business Digest
By Mthandazo Nyoni
Jun. 28, 2025
He made these remarks during his speech at Afreximbank's 32nd Annual Meetings in Nigeria on Friday.
Business Digest
By Mthandazo Nyoni
Jun. 28, 2025
Participation includes central banks and authorised financial institutions across the Sadc region.
Business Digest
By Mthandazo Nyoni
Jun. 27, 2025
Turney said the company had likely identified four distinct ore shoots that exhibit typical “pinch and swell” characteristics.
Business Digest
By Tatira Zwinoira
Jun. 27, 2025
This addition increased the company’s total assets under management to US$94,9 million.
Business Digest
By Melody Chikono
Jun. 27, 2025
He said for someone importing goods worth just above US$1 000, a minimum conformity charge of around US$140 would be charged.
Business Digest
By Ashton Ndakusiya
Jun. 27, 2025
The new target comes as ASL embarks on strategic portfolio realignment, selling non-core properties to focus on high-performing hotels in prime locations.
Business Digest
By Tatira Zwinoira
Jun. 27, 2025
Running under the theme “Building the Future on Decades of Resilience”, AAM2025 will focus on accelerating trade opportunities, driving investment and fostering innovation.
Business Digest
By Mthandazo Nyoni
Jun. 20, 2025
Vision Group director and shareholder Rute Moyo said in an interview the consortium had no intention of delisting from the local bourse.
Business Digest
By Melody Chikono
Jun. 20, 2025
BAZ president Sibongile Moyo said significant investment was needed to drive sustainable development and revive the country's struggling economy.
Business Digest
By Melody Chikono
Jun. 20, 2025
The investment will see Afdis increase its total production capacity from 18 million litres to 30 million litres over the next five years.
Business Digest
By Ashton Ndakusiya
Jun. 20, 2025
In Straw, the portrayal was that of a struggling black single woman.
Business Digest
By Gloria Mukombachoto
Jun. 20, 2025
Chinese investors have cited policy inconsistencies and infrastructure bottlenecks as key impediments to doing business in Zimbabwe.
Their analysis of the critical moments between rotation and impact reveals the intricate interplay of physics, technology, and human judgment that defines
Business Digest
By Naison Bangure
Jun. 20, 2025
It is a way of ranking roles according to how much they contribute to the business. The result is a set of job grades where roles with similar value are placed together.
Business Digest
By Memory Nguwi
Jun. 20, 2025
Almost 20 million people miss out on the benefit of advice because they do not know where to get it from, or even that it exists and
Business Digest
By Batanai Matsika
Jun. 20, 2025
If these initiatives deliver as expected, 2025 could mark a year of consolidation and improved earnings for several ZSE counters.
Business Digest
By Mthandazo Nyoni
Jun. 13, 2025
These challenges have generally increased the cost of doing business in the mining sector. Typically, mining companies are bulk material movers that require rail infrastructure.
Business Digest
By Ashton Ndakusiya
Jun. 13, 2025
Over US$15 million was paid to the Zimbabwean government in the form of taxes, while 76% of its procurement spend in 2024 was directed toward local businesses.
Business Digest
By Tatira Zwinoira
Jun. 13, 2025
This was supported by a 14,4% reduction in cost of sales and a R46 million (US$2,6 million) decrease in administrative and operating expenses.
Business Digest
By Tatira Zwinoira
Jun. 13, 2025
He said Ariana had the technical, social, and environmental resources and skills that will shape the project for efficient and responsible execution in the years ahead.
Business Digest
By Tatira Zwinoira
Jun. 13, 2025
Despite the modest revenue increase, Ariston’s gross loss stood at US$1,39 million, underscoring inefficiencies in production and pricing.
Business Digest
By Mthandazo Nyoni
Jun. 13, 2025
Zimbabwe’s mining industry badly needs significant capital injection, with the gold sector alone needing US$1 billion in capex, according to the Chamber of Mines of Zimbabwe (CoMZ).
Business Digest
By Staff Writer
Jun. 13, 2025
RTG’s cross-border pivot marks a significant departure from its historically domestic focus and signals growing investor appetite for high-return tourism assets in southern Africa.
Business Digest
By Freeman Makopa
Jun. 6, 2025
Following successful exploration results and the award of Environmental and Social Impact Assessment approvals, Invictus is now advancing the project towards commercialisation.
Business Digest
By Mthandazo Nyoni
Jun. 6, 2025
Part of this expenditure included US$5,6 million set aside for a new pasta production line, biscuit production line (US$7,7 million), and breakfast/cereal production line (US$4 million).
Business Digest
By Ashton Ndakusiya
Jun. 6, 2025
RioZim’s liquidity position also deteriorated.
Business Digest
By Tatira Zwinoira
Jun. 6, 2025
Young graduates can target entry-level roles like data analyst in finance, retail, or agribusiness. With fintech giants like EcoCash
Business Digest
By Naison Bangure
May. 30, 2025
Maintenance and lower grades at Unki, along with reduced availability of mechanised fleet and optimisation work at the furnace, impacted Zimplats, the country’s biggest producer.
Business Digest
By Mthandazo Nyoni
May. 30, 2025
The bank is also strengthening partnerships with universities and research institutions to support innovation and technology-driven solutions.
Business Digest
By Ashton Ndakusiya
May. 30, 2025
The equity accounted for the results of TM in accordance with IAS 29.
Business Digest
By Tatira Zwinoira
May. 30, 2025
Ecocash controls the financial institution. The growth signals customer confidence amid a challenging economic climate.
Business Digest
By Mthandazo Nyoni
May. 30, 2025
Despite the glitz, Prateek remains grounded in his African roots
Business Digest
By Theindependent
May. 24, 2025
Fidelity Gold Refinery in March lowered the incentive threshold from 20 kilogrammes to 500 grammes, making it easier for more miners to qualify for the 5% gold delivery incentive.
Business Digest
By Lee Musaidzi
May. 23, 2025
Mambara recommended Zimra recalibrates risk filters, raise trigger thresholds as data quality improves, and integrate audits across tax heads to avoid duplication.
Business Digest
By Ashton Ndakusiya
May. 23, 2025
Adopting generative AI is not without challenges. It demands clean, well-organised data and a clear implementation strategy.
Business Digest
By Naison Bangure
May. 23, 2025
Mashonaland’s investment properties were valued at US$91,91 million at the end of March.
Business Digest
By Tatira Zwinoira
May. 23, 2025
The profit after tax was an increase of 16% over the prior year.
Business Digest
By Tatira Zwinoira
May. 23, 2025
Each of the four was sentenced to a fine of US$7 700 or a year in prison for violating Kenya’s wildlife conservation laws.
Business Digest
By Emmanuel Koro
May. 23, 2025
The blood-dimmed tide is loosed, and everywhere
Business Digest
By Harry Wilson
May. 23, 2025
Urban to rural migration, particularly among the middle-aged population, has reinforced the lucrativeness of “sabhuku deals”.
Business Digest
By Takudzwa Mathende
May. 23, 2025
As Zimbabwe and the UAE deepen their ties, ZIBCO is set to remain at the centre of this economic renaissance, amplifying voices, unlocking value and forging lasting prosperity.
Business Digest
By The Zimbabwe Independent
May. 23, 2025
Though seemingly obvious, next to cash, information is king.
Business Digest
By Charles Nyika
May. 23, 2025
The group posted strong net income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period.
Business Digest
By Mthandazo Nyoni
May. 21, 2025
Performance management should be more than a compliance exercise. It should be a strategic engine — driving clarity, accountability, growth, and ultimately, business results.
Business Digest
By Memory Nguwi
May. 16, 2025
The plan, according to Shamva Gold Mine general manager Gift Mapakame, offers investors a more manageable risk reward profile amid volatile market conditions.
Business Digest
By Mthandazo Nyoni
May. 16, 2025
Caledonia will be looking to leverage these prices as it anticipates producing 74 000 to 78 000 ounces at Blanket Mine.
Business Digest
By Tatira Zwinoira
May. 16, 2025
Revenue surged by 80% to US$29,04 million, and gross profit nearly doubled to US$11,15 million, driven by strong sales from key residential developments such as Pomona City.
Business Digest
By Tatira Zwinoira
May. 16, 2025
Supply chain professionals will therefore sometimes feel as if they are walking tightrope
Business Digest
By Charles Nyika
May. 16, 2025
On May 6, HCVI held a special meeting of stockholders in connection with the merger.
Business Digest
By Tatira Zwinoira
May. 16, 2025