Business
IPEC Unveils New Stress Testing Framework for Insurance and Pensions Sector
HARARE – The Insurance and Pensions Commission has issued a new Stress Testing Framework for the insurance and pensions sector, gazetted in October 2026 under Statutory Instrument 69 of 2020 and anchored in the Zimbabwe Integrated Capital and Risk Programme, S.I. 44 of 2026. The Framework is designed to complement the new risk-based capital regime […]
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WESTPROP H1 RESULTS SHOW EXPANSION AS EARNINGS QUALITY BECOMES KEY INVESTOR FOCUS
WestProp Holdings Limited’s half-year results show a property group continuing to expand its asset base and development pipeline, but the financial picture is more mixed than the headline growth figures suggest. Revenue increased strongly, underlying operating activity remained resilient and assets expanded, yet comprehensive income declined substantially from the prior year as property revaluation gains […]
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CASTLE LAGER NATIONAL BRAAI DAY RETURNS TO GLAMIS ARENA AS EARLY BIRD TICKETS GO ON SALE
HARARE, Zimbabwe, The Castle Lager National Braai Day is set to return to Glamis Arena on Saturday, 17 October 2026, with organisers positioning the annual celebration for another major gathering built around food, music, entertainment and Zimbabwe’s growing outdoor social culture. The event will run from 11am until late, with early bird tickets priced at […]
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ZSE Holdings CEO Justin Bgoni Elected Vice President of African Exchanges Body ASEA
Zimbabweans continue to gain recognition on key international and continental bodies, with Zimbabwe Stock Exchange Holdings Group Chief Executive Officer Justin Bgoni appointed Vice President of the African Securities Exchanges Association (ASEA). ASEA officially announced the appointment on Monday, 5 October 2026, with effect from 2 October 2026. Bgoni currently serves as Group Chief Executive […]
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GB Holdings Reports Lower Profit As Working Capital Constraints Weigh On Volumes
GB Holdings Limited has reported a subdued performance for the half year ended 30 June 2026, with profitability declining on the back of lower volumes, pricing pressure from cheap imports and working capital constraints. The company said the operating environment remained under pressure from continued conflict in the Middle East and Europe, which exerted pressure […]
Read More 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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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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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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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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