Harnessing the power of procurement audits
Due to so many moving parts in procurement, it can be easy for rogue spending to seep through the cracks, leading to fraud and serious compliance infractions.
By Charles Nyika
Apr. 17, 2025
Africa’s first AI factory: What it means for Zim, continent
By Evans Sagomba
Apr. 17, 2025
Rethinking medical aid, pensions in Zim
By Memory Nguwi
Apr. 17, 2025
Embracing future in post-letterbox epoch
Access to an email address, a smartphone and a mobile number is no longer a luxury.
By Jacob Mutisi
Apr. 17, 2025
AfDB to disburse US$1,4m to Zim
According to an AfDB implementation progress report, US$8,62 million of the loan had been disbursed as of April 4, with the project slated for completion in two months’ time.
By Tatira Zwinoira
Apr. 17, 2025
Solgas on expansion drive, to double production in Hwange
The expansion follows Old Mutual Zimbabwe’s US$7,3 million investment in 2021 to construct a 5,3MW solar plant on a 100-hectare site at Cross Mabale.
By Tafadzwa Mhlanga
Apr. 17, 2025
KMH injects over US$50m into ZimAlloys
ZimAlloys managing director Deric Dube told businessdigest this week that a substantial portion of the capital outlay had been used to procure equipment, among other priorities.
By Tinashe Kairiza
Apr. 17, 2025
Zimre Holdings set to refocus capex to strategic investments
The Eagle REIT project, which commenced last year, is expected to be completed in 2026.
By Tafadzwa Mhlanga
Apr. 17, 2025
Afreximbank defies global economic headwinds with record US$973,5m profit in 2024
Zimbabwe is one of the 54 African member states participating in Afreximbank.
By Mthandazo Nyoni
Apr. 14, 2025
We will halt rapid mushrooming of service stations in Harare: Mafume
It is high time we mixed the people here with people from outside so that we can have realignment
By Freeman Makopa
Apr. 11, 2025
Counterfeit crisis a big threat to economy
Consumer Council of Zimbabwe chief executive officer, Rose Mpofu noted that the counterfeiting challenge is not unique to Zimbabwe. She said this was a global crisis.
By Staff Reporter
Apr. 11, 2025
Huge progress in reducing unclaimed shares
Mutorogodo added that the reason behind the low number of claims was mostly due to the slow submission of claims due to the stringent “know your client” requirements.
By Blessed Ndlovu
Apr. 11, 2025
Canadian firm LARC makes headway in lithium mining
In a presentation to shareholders, the firm disclosed it had commenced drilling on the Zimbabwe asset located in Mashonaland Central, in January.
By Tatira Zwinoira
Apr. 11, 2025
Banks automate, phase out traditional roles
BAZ believes the digital shift presents employees with opportunities to upskill and transition into new roles better suited to a digital economy.
By Ashton Ndakusiya
Apr. 11, 2025
Gold investor’s Nasdaq listing plan hits snag
The merger was expected to form a US$609 million entity, which would trade its stock on Nasdaq — the second-largest American stock exchange.
By Business Reporter
Apr. 11, 2025
CABS strikes fresh deals to bolster Zim economy
During the period, loans and advances rose by 14,37% to US$192,03 million, with the majority supporting the commercial and industrial sectors.
By Lee Musaidzi
Apr. 4, 2025
Labour rights under threat as company woes persist
In an interview with businessdigest, ALPZ chairperson Caleb Mucheche said companies must prioritise fair labour practices.
By Lee Musaidzi
Apr. 4, 2025
Choppies records US$1m loss on sale of Zim unit
According to Choppies’ unaudited interim financial results for the six months ended December 31, 2024, the supermarket chain’s Zimbabwe unit was a cash drain.
By Tatira Zwinoira
Apr. 4, 2025
Zim banks explore syndicate financing amid cash crunch
This liquidity crunch is being caused by hawkish monetary and fiscal policies meant to preserve the artificial value of the ZiG.
By Tatira Zwinoira
Apr. 4, 2025
Old Mutual Zim invests US$20m in tech upgrade
The company’s chief executive officer, Samuel Matsekete, told businessdigest that the investment would support growth initiatives across various business lines.
By Tafadzwa Mhlanga
Apr. 4, 2025
Caledonia executives strike gold
Banking groups have in the past year culled over 500, according to estimates by Zibawu, which predicts a bloodbath in 2025, as operators respond to tech-driven upheavals.
By Tatira Zwinoira
Apr. 4, 2025
Old Mutual investments skew towards alternatives
In its financial year ended December 31, 2024, OMZ chairperson Kumbirayi Katsande said the credit lines supported key sectors of the economy.
By Tafadzwa Mhlanga
Mar. 28, 2025
Businesswomen utilising power of obsession in entrepreneurship
Ndhlukula is the founder and CEO of Securico, one of Zimbabwe's leading security companies.
By Gloria Ndoro-mkombachoto
Mar. 28, 2025
Mashonaland bullish after recovery projections
Regarding the Pomona Commercial Centre Development project, she noted that construction began in the third quarter of 2023 and was completed in the fourth quarter of 2024.
By Lee Musaidzi
Mar. 28, 2025
Stanbic profit rises by 27% after aggressive lending book growth
Nyanhongo said the performance came despite challenging macroeconomic conditions, including a severe drought that ravaged southern Africa, leaving
By Staff Writer
Mar. 28, 2025
‘Exorbitant fees threaten pension funds’
According to the Zimbabwe Association of Pension Funds, the local pension industry holds about US$1,7 billion in assets, with properties accounting for 41% of the total.
By Tafadzwa Mhlanga
Mar. 28, 2025
Zim gold mines investor nears full Nasdaq listing
Namib owns three gold mines in Zimbabwe.
By Staff Writer
Mar. 28, 2025
Ericsson brings 5G innovation to mining sector
Zimbabwe’s mining industry contributes over 60% of the country’s export earnings and is worth billions of US dollars, hence Ericsson’s interest.
By Ashton Ndakusiya
Mar. 28, 2025
Kavango to pioneer new, efficient mining method
Kavango has three projects in Zimbabwe, with the firm focusing on its most promising project, Hillside, which consists of 44 gold claims covering 503 hectares.
By Ashton Ndakusiya
Mar. 28, 2025
Ericsson brings 5G innovation to mining sector... Swedish investors bemoan exchange rate volatility
This comes as trade between Zimbabwe and Sweden remains low.
By Lee Musaidzi
Mar. 28, 2025
Premium
Insurance regulator in firing line over billions...medical insurers condemn Ipec in pushback over new Bill
Local News
By Shame Makoshori and Freeman Makopa
Apr. 17, 2025
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