Business

CBZ Trading Update: Strong Growth in Key Financial Metrics

CBZ Holdings Limited has released its trading update for the period ended 30 September 2026, showcasing robust growth in key financial metrics. The Group’s total income rose by 8.7% to ZWG 4.60 billion, driven by a 3.5% increase in net funded income and an 11.0% surge in non-funded income. Profit after tax grew by 0.9% […]

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Business

Delta Corporation Posts Strong Growth Amid Challenges

Harare, Zimbabwe – Delta Corporation posted a robust performance for the six months ended September 30, 2026, demonstrating resilience in a stable but still challenging economic environment. The beverages giant recorded strong growth in volumes, revenue, profitability, and cash generation, supported by firm consumer demand and improving economic fundamentals. According to the company’s unaudited half-year […]

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Business

Caledonia Records Revenue Growth Despite Operational Setbacks

Harare, Zimbabwe – Caledonia Mining Corporation delivered a resilient financial performance in the third quarter ended September 30, 2026, posting higher revenue and gross profit despite lower gold production caused by temporary operational challenges at Blanket Mine. Revenue for the quarter increased by 10.5% to US$78.9 million from US$71.4 million recorded during the same period […]

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Sports

Young Warriors Face Mountain To Climb After Heavy Home Defeat To Mali

Zimbabwe 0 – 3 Mali Zimbabwe’s Under-23 side face a daunting task to keep their Africa Cup of Nations qualifying dream alive after suffering a heavy 3-0 home defeat to Mali at the National Sports Stadium. The Young Warriors were outclassed from the first whistle and found themselves chasing the game throughout the afternoon, as […]

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News

ZIMBABWE TARGETS RURAL PRODUCTION BOTTLENECKS THROUGH SHARED MECHANISATION

HARARE, November 11, 2026 — Zimbabwe is expanding agricultural mechanisation beyond individual equipment ownership, introducing a shared-service and village enterprise model aimed at addressing the high cost of machinery acquisition among smallholder farmers and widening productive capacity in rural communities. The shift, announced by His Excellency Dr Emmerson Dambudzo Mnangagwa, President and First Secretary of […]

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News

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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News

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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News

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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Business

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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Business

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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