Day: December 13, 2025
Hungry Lion Unleashes Fiery Competition: New Eastgate Mall Branch Opened
Hungry Lion, the South African fast-food giant, has expanded its footprint in Zimbabwe with the opening of a new branch at Eastgate Mall in Harare. This strategic move is part of the company’s broader African expansion strategy, aimed at increasing its market presence and competitiveness in the region. The new branch is expected to intensify […]
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Govt Reserves Sectors For Locals, Sets Thresholds for Foreign Investors
Zimbabwe’s government has taken a significant step towards empowering its citizens with the gazetting of Statutory Instrument 215 of 2015, the Indigenisation and Economic Empowerment (Foreign Participation in Reserved Sectors) Regulations, 2025. The Minister of Industry and Commerce, Honourable Mangaliso Ndlovu gazetted the regulations in terms of section 21 of the Indigenisation and Empowerment Act […]
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OK Zimbabwe’s Revenue Plummets 84%: US$28m in HY
OK Zimbabwe Limited has announced a challenging half-year ended 30 September 2025, with revenue plummeting 84% to US$28.26 million, attributed to liquidity constraints and difficult operating conditions. The company’s sales volumes also took a significant hit, declining 82.68% to 24.23 million units, resulting in a net loss of US$17.81 million, a stark contrast to the […]
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