Business
ZSE Issues Public Warning Over Fraudulent “Listed Company” Certificate Circulating in the Market
HARARE, ZIMBABWE – The Zimbabwe Stock Exchange Limited (ZSE) has issued an urgent public warning to investors, market participants and all stakeholders following the circulation of a fraudulent certificate purporting to confirm that ABC Investments (Private) Limited is a duly listed and authorised company on the Exchange. In a public notice released this week, the […]
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ZHL Delivers Record Growth as Profit Surges 196% and Total Income Hits USD122.16 Million
HARARE, ZIMBABWE – Zimre Holdings Limited (ZHL) has reported a landmark year to 31 December 2025, delivering robust growth across all key metrics as its diversification strategy and capital discipline translated into record income, profitability and cash generation. The results set the foundation for the Group’s next phase: a disciplined continental expansion anchored by reinsurance […]
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Zimbabwe-China Trade Relations Elevated as 100% Duty-Free Market Access Is Unlocked
Harare, Zimbabwe – Zimbabwe’s trade ties with China have reached a new milestone following the full activation of China’s 100% duty-free market access for qualifying Zimbabwean products. Effective from May 2026, the agreement marks a significant expansion of export opportunities for local businesses and reinforces Zimbabwe’s position in one of the world’s largest consumer markets. […]
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MUROWA DIAMONDS UNDERTAKES MAJOR STRATEGY SHIFT
HARARE — In a major shake up of Zimbabwe’s mining landscape, Murowa Diamonds has effectively transitioned into a fully independent corporate entity following a sweeping balance sheet restructuring by its long-time associate, RioZim Limited. RioZim has officially moved to transfer its remaining 22.2% shareholding in RZM Murowa back to the diamond company’s parent vehicle. The […]
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TSL Limited Debuts on VFEX as 20th Listed Counter, Signaling Renewed Market Confidence
TSL Limited has officially joined the Victoria Falls Stock Exchange, marking a significant milestone for both the diversified conglomerate and Zimbabwe’s capital markets. The company’s securities began trading on 6 July 2026, and a formal listing ceremony was held on 10 July 2026 to welcome TSL as the 20th counter on the VFEX. Speaking at […]
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Breaking News: Old Mutual to Migrate ZSE Listing to Victoria Falls Stock Exchange
Old Mutual Limited has resolved to migrate its secondary listing in Zimbabwe from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), subject to regulatory approvals, in a move aimed at resolving the prolonged suspension of trading in its shares on the ZSE. The suspension dates back to June 2020 when the […]
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African Distillers Limited Delivers Record Growth in FY2026
African Distillers Limited (Afdis) delivered a strong set of results for the year ended 31 March 2026, underpinned by robust volume growth, disciplined cost management and strategic capacity investments, despite a challenging global environment. Revenue rose 56% to US$93.2 million from US$59.7 million in the prior year, driven primarily by a 50% increase in total […]
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Invictus Energy Advances Musuma-1 Well Preparations, On Track for H2 2026 Spud
Invictus Energy Ltd has moved into the field execution phase for its next high-impact exploration well, with multiple contracts awarded and mobilisation activities underway ahead of the planned drilling of the Musuma-1 exploration well in the Cabora Bassa Basin, Zimbabwe. Announced 7 July 2026, the Company confirmed that contracts for wellpad construction and associated civil […]
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Eagle REIT Assets Grow 66% as Development Strategy Delivers Income and Scale
Eagle REIT closed 2025 with a decisive shift from development to income generation, recording 65.5% growth in total assets and the first rental revenues in its history as strategic projects reached key milestones. Zimbabwe’s economy rebounded strongly in 2025, with real GDP growth estimated at 6.6% according to the 2026 National Budget Statement. The recovery […]
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Hippo Valley Profit Jumps 79% as Robust Sugar Sales and Volume Growth Offset Cost Pressures
Hippo Valley Estates Limited delivered a strong performance for the year ended 31 March 2026, with profit surging on the back of higher sales volumes, improved operating efficiency, and a one-off benefit from prior-year carry-over stocks, despite mounting cost pressures across the sugar value chain. The company reported revenue of US$220.8 million, up 15% from […]
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