Govt, Business and Labour Seal National Social Contract (2026-2030) to Drive Inclusive Growth
The Zimbabwe Cabinet received and approved the National Social Contract (2026-2030) made by Government, Organised Business and Organised Labour, which was presented by the Minister of Local Government and Public Works on behalf of the Chairman of the Cabinet Committee on Social Development, Vice President Hon. Dr. K.C.D. Mohadi. The Social Contract represents an agreement […]
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ZIMRA Collects USD 4.71 Billion in H1 2026, Exceeds Target by 16%
The Zimbabwe Revenue Authority delivered a strong performance in the first half of 2026, collecting USD 4.71 billion for the half year ended 30 June 2026. This was 16.14 percent above the target of USD 4.05 billion and 46.73 percent higher than collections in the same period in 2025. In local currency terms, net revenue […]
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Zimplats FY2026 Profit Up 583% to US$276.7m as Revenue Jumps 57% to US$1.3bn on Firmer Metal Prices; Records Zero Fatalities, Completes 35MW Solar and Advances Mupani Mine
Zimplats delivered a sterling performance for the year ended 30 June 2026, with revenue surging 57% to US$1.3 billion from US$826.6 million in FY2025 on the back of broad-based strength in precious and base metal prices, improved mining and milling volumes, and significant gains in safety. In his letter, Chairman Professor Fholisani Sydney Mufamadi said […]
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EUREKA’S SEVEN-TONNE MILESTONE SIGNALS DEEPER ECONOMIC TRANSFORMATION IN GURUVE
By Aldridge Dzvene GURUVE — Eureka Gold Mine has produced more than seven tonnes of gold since its recommissioning by His Excellency Dr Emmerson Dambudzo Mnangagwa, President and First Secretary of ZANU PF, in 2021, with more than US$50 million invested in the revival and expansion of the operation, turning what was once a dormant […]
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ONE DEAD IN NATIONAL SPORTS STADIUM STAMPEDE AS POLICE LAUNCH PROBE
By Aldridge Dzvene HARARE, Zimbabwe — One person died in a stampede at the National Sports Stadium on Monday evening as thousands of football supporters gathered for Zimbabwe’s 2027 Africa Cup of Nations qualifier against the Democratic Republic of Congo, with the Zimbabwe Republic Police confirming that investigations are underway to establish the circumstances surrounding […]
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Simbisa Posts 20% Revenue Growth, 11% Customer Growth, Adds 29 Stores in FY2026
Simbisa Brands Limited delivered a resilient performance for the year ended 30 June 2026, with revenue growing 19.8% to US$367.2 million, up from US$306.5 million in the prior year. The Group said growth was driven by an 11% increase in customer volumes and an 8% increase in average spend, reflecting stronger value offerings, improved food […]
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Zimre Holdings Posts 15% Profit Growth to ZWG287.6 Million in Half Year to June 2026
Diversified insurance group Zimre Holdings Limited has reported a solid performance for the half year ended 30 June 2026, with profit for the period rising 15% to ZWG287.6 million from ZWG249.7 million in the prior year, driven by growth in insurance revenue and a stronger net investment performance. According to the group’s unaudited interim condensed […]
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RioZim To Dispose Renco Mine For US$35m To Cut Debt
RioZim Limited is proposing to dispose of Renco Mine as a going concern for not less than US$35 million as part of a broader balance-sheet restructuring programme aimed at reducing indebtedness, improving liquidity and preserving long-term shareholder value. According to an abridged circular dated 28 September 2026, shareholders will be called to a virtual Extraordinary […]
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PPC Reports Strong Earnings Growth Despite Weak SA Demand, Zimbabwe Shines
Dual-listed cement producer PPC Limited has reported a resilient performance for the five months ended 31 August 2026, with group EBITDA rising 40% despite subdued demand in South Africa. In an operating update issued on 28 September 2026, the group, which comprises the South Africa and Botswana business and its Zimbabwe cement operation, said group […]
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DRC Edge Zimbabwe 2 – 1 At National Sports Stadium
DR Congo secured a crucial 2-1 away win over Zimbabwe Warriors at the National Sports Stadium in Harare yesterday to stay top of Group E. First-half goals from Yoane Wissa and Samuel Moutoussamy did the damage. Zimbabwe goalkeeper Elvis Chipezeze gifted the opener in the 29th minute when he tried a risky one-touch pass instead […]
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