Government Gazettes New Budget Calendar Under SI 153 of 2026
The Minister of Finance, Economic Development and Investment Promotion has amended the annual budget process through Statutory Instrument 153 of 2026, the Public Finance Management (General) (Amendment) Regulations, 2026 (No. 2), issued in terms of Section 92 of the Public Finance Management Act [Chapter 22:19]. The regulations amend the Public Finance Management (General) Regulations, 2019, […]
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WESTPROP POSITIONS SMART CITIES AS ANSWER TO ZIMBABWE’S URBANISATION PRESSURE
HARARE — As Zimbabwe joins the world in commemorating World Habitat Day, the country’s rapidly changing urban landscape is placing renewed focus on the need for housing models that can accommodate population growth while delivering sustainable infrastructure and better quality of life. With the national housing backlog estimated at 1.5 million units, the challenge is […]
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Econet InfraCo Posts US$70.1m Revenue, US$13.7m Profit In Maiden Half Year As Listed Company
HARARE – Econet Infrastructure Company Limited (InfraCo), Zimbabwe’s largest private infrastructure group comprising Towers, Power and Real Estate, has reported a strong maiden half year as a listed entity, posting revenue of US$70.1 million and profit of US$13.7 million for the six months to 31 August 2026. The results, are the first since the company’s […]
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ZIMBABWE’S AIRPORTS ENTER A NEW PHASE OF ECONOMIC TRANSFORMATION
By Aldridge Dzvene The Airports Company of Zimbabwe’s recent Annual General Meeting has brought into sharp focus a broader transformation taking place in the country’s aviation sector, with airports increasingly being positioned not simply as points where passengers arrive and depart, but as strategic economic infrastructure capable of supporting tourism, trade, investment, logistics and regional […]
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ZECO Holdings Revenue Triples To ZWG6.18 Million In H1 2026 But Swings To ZWG2.9 Million Loss
HARARE – ZECO Holdings Limited has reported a strong topline performance for the half year ended 30 June 2026 with revenue more than trebling, though the group swung to a loss on the back of rising administration and operating costs. The steel fabrication and installation group, which also manufactures window and door frames, recorded revenues […]
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Unifreight EBITDA Jumps 26% to ZWG92.8m, PBT Up 41% on Fleet Expansion and Strong Cash Conversion
HARARE – Unifreight Africa Limited delivered la materially stronger trading performance for the half year ended 30 June 2026, with growth across every measure of operating profitability underpinned by improved margins, a ten-fold increase in operating cash generation and a substantial fleet renewal programme. Revenue grew 8.9 percent to ZWG434.24 million from ZWG398.85 million in […]
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Six Zimbabwean Referees Earn FIFA Appointments For LA 2028 Women’s Olympic Qualifiers
The Zimbabwe Football Association (ZIFA) has congratulated six Zimbabwean match officials who have been appointed by FIFA to officiate in the African qualifiers for the Los Angeles 2028 Women’s Olympic Football Tournament. In a statement issued on 2 October 2026, ZIFA said Grace Gimo will referee the second-round first-leg match between Benin and Mali on […]
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Fidelity Life Assets Grow To ZWG4.17 Billion In H1 2026 Despite Profit Decline
HARARE – Fidelity Life Assurance Zimbabwe has reported asset growth in the half year to 30 June 2026, with total assets rising to ZWG4.17 billion from ZWG3.98 billion as at 31 December 2025, underpinned by growth in investment property and financial assets, according to its interim unaudited condensed consolidated special purpose financial statements. The Group’s […]
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Scottland FC Charged For Fielding Ineligible Player As ZIFA Releases Munhumutapa Quarter-Final Fixtures
HARARE – The Premier Soccer League (PSL) has instituted disciplinary proceedings against Scottland FC for allegedly fielding an ineligible player, Witbeen Stoffel, just days before their crucial ZIFA Munhumutapa Challenge Cup quarter-final. Scottland Coach, Norman Mapeza Acording to a press release dated 1 October 2026, the charge relates to Scottland’s Chibuku Super Cup match against […]
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US$540M KARO PLATINUM INVESTMENT SET TO BOOST ZIMBABWE’S PGM OUTPUT, JOBS AND BENEFICIATION
MHONDORO-NGEZI — More than US$500 million is being invested to complete the Karo Platinum Resources project, positioning the Mhondoro-Ngezi operation as a significant new contributor to Zimbabwe’s platinum group metals industry, mineral beneficiation and employment creation. The project, whose investment is estimated at US$540 million, is expected to produce about 226,000 ounces of PGMs annually […]
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