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Business

Proplastics Builds Momentum: Revenue and Profit Climb as Efficiency Gains Offset Market Headwinds

Proplastics Limited closed the 2025 financial year with broad improvements across key financial and operational metrics, demonstrating resilience in a challenging operating environment marked by liquidity constraints and power disruptions. Group revenue rose 11% year-on-year to USD22.78 million, supported by a 9% increase in sales volumes to 7,549 tonnes. Gross profit advanced 23% to USD7.49 […]

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News

ZANU PF Harare Province Rallies to Strengthen Grassroots Structures Ahead of National Cell Day

ZANU PF Harare Metropolitan Chairman calls for authentic cell verification and 600,000-member target by 27 June. ZANU PF Harare Metropolitan Chairman Advocate Godwills Masimirembwa has issued a strong call to action for party structures across the province, urging intensified grassroots mobilisation and membership verification ahead of National Cell Day on 27 June. Addressing delegates at […]

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Business

PPC Cement Roars Back: ‘Awaken the Giant’ Strategy Delivers Second Year of Record Gains Ahead of R3.1bn Western Cape Plant

Revenue climbs to R10.3bn as EBITDA surges 31%, margins hit 20.3%, and dividend jumps 72% for FY26 PPC Ltd has cemented its turnaround story, posting a second consecutive year of exceptional growth as its Awaken the Giant strategy reshapes the group into a leaner, more competitive force across Southern Africa. For the year ended 31 […]

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Sports

2026/27 Football Law Updates Target Time-Wasting, Expand VAR Powers, and Strengthen Player Welfare

Revised Laws of the Game introduce strict substitution timing, technology use, and restart protocols to improve flow and fairness The 2026/27 edition of the Laws of the Game brings a wide set of changes designed to reduce time-wasting, clarify disciplinary procedures, and expand the use of match technology. The updates apply across all levels of […]

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Business

First Capital Bank Inks 20-Year Royal Harare Golf Club Partnership, Advancing Infrastructure and Youth Development Goals Under NDS2

Harare, June, 12, 2026 – First Capital Bank Limited has deepened its long-term commitment to Zimbabwe’s development through a landmark 20-year partnership with Royal Harare Golf Club, centred on the proposed construction of a new pavilion, halfway house facility, junior golf pathways, and community engagement in support of national social and economic transformation. The agreement […]

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VFEX and ZSE chief executive officer (CEO), Mr Justin Bgoni
Business

ZSE Holdings Posts Strong Profit Growth and Deepens ESG Focus as Self-Listing Marks Historic Milestone

Zimbabwe Stock Exchange Holding Limited (ZSEHL) delivered a landmark year in 2025, combining robust market performance, a historic self-listing, and accelerated sustainability initiatives, according to highlights from its 2025 Annual Report. ZSEHL reported Group turnover of USD6.38 million for the year ended 31 December 2025, down 15.42% from USD7.55 million in 2024. The decline was […]

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Business

Edgars Group Posts 139% Earnings Surge as Vertical Integration and Cost Discipline Pay Off; Holds Dividend to Fund Growth

Edgars Stores Limited has closed its 52 weeks to 4 January 2026 with a sharp uplift in profitability, driven by disciplined cost management, merchandise optimisation, and strategic investment in manufacturing capacity, according to the Group Chairman’s Report released today. The company reported earnings attributable to ordinary shareholders jumped 139% to USD1.947 million, up from USD813,000 […]

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Victoria Falls stock exchange
News

VFEX Extends Waiver on Auditor Review of Unaudited Half-Year Interim Reports by 36 Months

The Victoria Falls Stock Exchange Limited has extended the waiver of Section 39(1) of Statutory Instrument 62 of 2026, which governs the requirement for external auditor review of unaudited half-year interim reports. Building on its notice dated 13 December 2023, VFEX confirmed that the waiver will continue for a further 36 months from the date […]

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Business

Eagle REIT Targets USD35 Million Capital Raise as Investors Convene for Virtual AGM

Eagle Real Estate Investment Trust is set to seek unitholders’ authority to raise up to USD35 million in fresh capital over the next three years, as the fund moves to accelerate acquisitions and development in Zimbabwe’s property sector. Under the proposal, capital may be secured through private placements, strategic or institutional subscriptions, property-backed subscriptions, convertible […]

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News

Zimbabwe Introduces Comprehensive Licensing Regime for Virtual Asset Providers Under SI 99 of 2026

The Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube has gazetted a detailed framework to regulate virtual asset service providers (VASPs), aiming to strengthen anti-money laundering controls while promoting innovation and consumer protection in Zimbabwe’s digital asset sector. A Virtual Asset Service Provider is a business that carries out digital asset activities […]

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