Zimbabwe’s 600,000-Tonne Grain Ambition Faces Its Biggest Test as El Niño Threatens Agricultural Production
By Aldridge Dzvene Zimbabwe’s ambition to establish a 600,000-metric-tonne Strategic Grain Reserve by October 2027 is emerging as one of the country’s most consequential food-security undertakings, as Government prepares for a potentially difficult agricultural season under the threat of a strong El Niño phenomenon. The latest update presented to Cabinet by the Minister of Agriculture, […]
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Zimbabwe’s Next Anti-Corruption Test: Moving Beyond Arrests to Reforming the Systems That Enable Corruption
By Aldridge Dzvene Zimbabwe’s approval of the National Anti-Corruption Strategy II for the 2026-2030 period introduces a renewed institutional framework in the country’s efforts to combat corruption. However, its real significance will depend on whether the strategy can transform the systems that allow corruption to persist. Presented to Cabinet by the Minister of Finance, Economic […]
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Pensioners Set for Boost as NSSA Raises Minimum Monthly Payments
Pensioners covered by the National Social Security Authority (NSSA) are set to receive higher monthly payments following Government approval of a review of minimum benefits. Public Service, Labour and Social Welfare Minister Edgar Moyo announced the changes in Harare on Tuesday. He said they were made possible after a statutory actuarial valuation in 2025 showed […]
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Simbisa Brands Delivers 20% Revenue, 11% Volume Growth in FY2026
Simbisa Brands Limited has delivered a strong performance for the financial year ended June 30, 2026, with revenue increasing by 20% to US$367.2 million. This growth was driven by an 11% increase in customer volumes and an 8% rise in average spend. The group’s operating profit rose by 28% to US$58 million, while profit before […]
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NMBZ Holdings Delivers Strong Q3 2026 Performance Amidst Stable Operating Environment
NMBZ Holdings Limited delivered a strong performance for the third quarter ended 30 September 2026, with operating income increasing by 56% to USD71.6 million, driven by growth in lending activities and higher non-interest income within a relatively stable operating environment. The group’s performance was supported by favourable macroeconomic conditions highlighted in the Reserve Bank’s mid-term […]
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ZB Financial Holdings Reports Q3 2026 Trading Update with Revenue and Profit Decline
ZB Financial Holdings has issued a trading update for the third quarter ended September 30, 2026, celebrating 75 years of service. The operating environment maintained hard-won structural stability through the quarter, with single-digit annual inflation and stable exchange rates. The Reserve Bank of Zimbabwe reduced the policy rate to 27.5% in September 2026 as inflationary […]
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Tigere Property Fund Seeks Unitholder Approval for Strategic Asset Acquisition
Tigere Property Fund (Tigere REIT) has convened an Extraordinary General Meeting (EGM) to seek unitholder approval for the acquisition of three income-generating properties, a transaction aimed at significantly strengthening the fund’s asset base and enhancing long-term returns. The proposed acquisition includes Design Quarter in Highlands, Cardinals Corner along the ED Mnangagwa and Harare Drive corridor, […]
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HON. SENATOR DR. TAGWIREI PUTS HARARE AT CENTRE OF ZIMBABWE’S INVESTMENT DRIVE
The appointment of Hon. Senator Dr. K.R. Tagwirei (PB) as Minister of Economic Development and Investment Promotion has placed Harare Metropolitan Province in a strategically important position within Zimbabwe’s economic development agenda. However, beyond the political significance of his appointment and his expression of gratitude to the appointing authority, his first major address to the […]
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INVESTING IN YOUNG PEOPLE, INVESTING IN ZIMBABWE’S FUTURE
Zimbabwe’s long-term development ambitions will depend significantly on how effectively the country harnesses the potential of its young population, equipping them with the knowledge, skills and opportunities to participate in building a modern, productive and innovation-driven economy. The call by the United Nations Development Programme (UNDP) Zimbabwe for greater investment in education, digital skills, innovation […]
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DZL SHINES: Q3 SALES VOLUMES SOAR 18%‑YEAR‑ON‑YEAR, PROPELLING DAIRIBORD TO NEW HEIGHTS
The third quarter of 2026 became a remarkable showcase of resilience and growth for Dairibord Holdings, as highlighted in its recent trading update for the period ending 31 September 2026. The company reported that the macroeconomic climate stayed relatively stable, with central‑bank monetary policies keeping inflation and exchange rates in check, thereby smoothing trading activities and pricing […]
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