GOVERNMENT OPENS KARIBA FERRY PROBE AS DEATH TOLL PASSES 90
By Aldridge Dzvene HARARE – Government has formally opened investigations into the capsizing of the Rural Infrastructure Development Agency (RIDA) Mbuya Nehanda ferry on Lake Kariba, bringing the disaster into a new phase where the central question is no longer simply how the vessel sank, but whether a chain of preventable decisions and institutional weaknesses […]
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ART Posts Leaner Results in Q3 as Restructuring Gains Traction
HARARE — ART Holdings Limited (ART) delivered a mixed third-quarter performance to June 2026, with softer volumes across core markets but improved operating results, as the company pushes ahead with a corporate restructuring aimed at unlocking capital and accountability. The update reflects a business navigating tight liquidity, import competition and working-capital constraints, while repositioning for […]
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CFI Holdings Posts Stable Q3 Revenue as Agri-Divisions Offset Retail Weakness
CFI Holdings Limited delivered largely stable inflation-adjusted revenues in the third quarter to 30 June 2026, with strong showings in food manufacturing and agriculture cushioning a downturn in retail. The company recorded revenue of ZWG 690.89 million, a marginal 1.89% decline from ZWG 704.22 million in the same period last year. The operating environment remained […]
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PRESIDENT MNANGAGWA NOMINATES 10 FOR EXPANDED SENATE UNDER CA3
By Aldridge Dzvene HARARE – President Dr. Emmerson Dambudzo Mnangagwa has exercised the constitutional authority created under the Constitution of Zimbabwe Amendment Act No. 3 of 2026 (CA3), recommending 10 additional Senators as Zimbabwe’s Upper House moves from an 80-member to a 90-member composition. The recommendations, announced in the National Assembly by Speaker of Parliament, […]
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PRESIDENT MNANGAGWA HANDS OVER SADC CHAIR TO PRESIDENT RAMAPHOSA, CALLS FOR INDUSTRIALISED REGION
Durban, South Africa — Today, Zimbabwe President, His Excellency President Dr. Emmerson Dambudzo Mnangagwa formally handed over the Chairpersonship of the Southern African Development Community (SADC) to His Excellency President Cyril Ramaphosa of the Republic of South Africa during the 46th Ordinary Summit of SADC Heads of State and Government in Durban. In his remarks, […]
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Seed Co Limited Delivers Resilient Cash Generation and Market Leadership Despite Normalised Regional Demand
HARARE — Seed Co Limited reported a resilient performance for the year ended 31 March 2026, navigating a normalised regional trading environment following an exceptional prior year, while strengthening its balance sheet, cash generation and commitment to climate-smart agriculture. On behalf of the Board, Chairman P. Gowero noted that FY26 results must be viewed against […]
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Nampak Zimbabwe Leverages Volume Recovery and Stable Currency to Grow Revenue, Margins Remain Under Pressure
HARARE — Nampak Zimbabwe Limited delivered improved sales volumes and revenue growth for the nine months ended 30 June 2026, underpinned by a stable operating environment and stronger demand in the plastics and paper segments, even as power outages, input cost inflation and competitive pricing continued to weigh on profitability. The operating environment remained relatively […]
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ZIMBABWE SEEKS NEW ECONOMIC BALANCE WITH SOUTH AFRICA AS FIRMS TARGET VALUE CHAINS
By Aldridge Dzvene PRETORIA – Zimbabwe is seeking to reshape its economic relationship with South Africa from one dominated by the movement of finished goods into a deeper production partnership, with businesses from the two countries preparing to pursue investment, manufacturing integration and cross-border value chains at a high-level business forum in Pretoria on 21 […]
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PROPHET VICTOR KUSI BOATENG TO HEADLINE JESUS CONFERENCE IN CHITUNGWIZA
By Positive Eye News Reporter GHANAIAN preacher Prophet Victor Kusi Boateng, the spiritual father of Prophet Emmanuel Makandiwa, is set to headline the Jesus Conference, a major Christian gathering scheduled for the UFIC Basilica in Chitungwiza from 21 to 23 August 2026. The conference will bring together Prophet Victor Kusi Boateng and Lady Rev. Mrs […]
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VP Mohadi Opens 17th Zimbabwe National Youth and Paralympic Games in Marondera
Otillia Makomo -MARONDERA The Vice President, Col. (Rtd) Dr. K.C.D. Mohadi ,officially opened the 17th Edition of the Zimbabwe National Youth and Paralympic Games at Rushwaya Stadium in Marondera on Saturday. He was represented by the Minister of Youth Empowerment, Development and Vocational Training, Hon. Tino Machakaire. The games are being held under the patronage […]
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