Business
TSL Seeks Shareholder Approval to Exit ZSE, Migrate Listing to VFEX in Push for Foreign Currency Value
TSL Limited is moving to voluntarily delist from the Zimbabwe Stock Exchange and relist on the Victoria Falls Stock Exchange by way of introduction, citing the need to enhance shareholder value and improve access to foreign currency capital. The diversified group, incorporated in 1957, issued a circular to shareholders on Thursday, 28 May 2026, outlining […]
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Invictus Energy Signs Landmark Production Sharing Deal to Unlock Zimbabwe’s Cabora Bassa Gas Potential
Invictus Energy has secured a landmark agreement with the Government of Zimbabwe that establishes the legal and fiscal framework for the long-term development of the Cabora Bassa Basin, marking a major milestone in the country’s journey towards commercial oil and gas production. The Petroleum Production Sharing Agreement (PPSA), executed on 28 May 2026 between Geo […]
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Zimplats Backs Zimbabwe’s Critical Minerals Strategy as Harare Pushes Resource Sovereignty, Beneficiation and Greater Control Over Strategic Mineral Wealth
Zimbabwe’s decision to classify platinum group metals (PGMs) as critical minerals marks a major turning point in the country’s mining and economic development trajectory, with Zimplats Holdings becoming one of the first major investors to publicly endorse the new policy direction while pledging continued cooperation with government. In a holding statement released to the Australian […]
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CBZ Holdings Reports Resilient Q1 2026 Performance Amid Global Headwinds and Stable Domestic Outlook
CBZ Holdings Limited delivered a resilient financial performance for the quarter ended 31 March 2026, maintaining balance sheet strength and advancing strategic initiatives despite a challenging global environment. The Group’s asset base closed at ZWG 40.81 billion, compared to ZWG 41.15 billion in the prior year, supported by stable customer deposits of ZWG 27.83 billion. […]
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RENEWED HOPE AS CAM & MOTOR MINE ROARS BACK TO LIFE AFTER STRATEGIC REVIVALKADOMA
There is a palpable sense of excitement and a flurry of activity at the Cam & Motor gold mine in Kadoma, as the operation gears up for a major restart. This follows a strategic pause of more than a year, during which management undertook exhaustive technical and economic studies to chart a sustainable path forward […]
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Seed Co Emerges as Strategic Pillar in Zimbabwe’s Climate Smart Agricultural Transformation
Harare, The visit by Doctor Anxious Jongwe Masuka to Seed Co’s Stapleford facility highlighted the increasingly strategic role being played by private sector agricultural institutions in driving Zimbabwe’s climate smart agriculture agenda, food security ambitions, and long term rural industrial transformation under National Development Strategy 2 and Vision 2030. The tour provided more than a […]
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US$120 Million Regional Investment Approval Places Zimbabwe at Centre of Emerging Strategic Capital Shift
Harare, Businessman Batsirai Matiza has emerged at the centre of a complex regional investment development following the conditional approval of a proposed US$120 million allocation earmarked for Zimbabwe, in what analysts are describing as a significant indicator of sustained investor confidence in the country’s long term economic prospects despite mounting geopolitical and security complexities within […]
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Ariston Holdings Sees 21% Revenue Decline Amidst Challenging Operating Environment
Ariston Holdings Limited, a diversified agricultural company, has reported a 21% decline in revenue to $5.6 million for the year ended September 30, 2025, compared to $7.1 million in the previous year. The decline was primarily attributed to lower macadamia production volumes. Chairman Michael Allan Bailey noted that the 2025 agricultural season benefited from improved […]
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Padenga’s Gold Production Surge Reflects Zimbabwe’s Expanding Mining Transformation Agenda
Padenga Holdings recorded a significant rise in gold production during the first quarter of 2026, with output increasing 13 percent to 696.7 kilogrammes, reinforcing the mining sector’s growing role as a strategic pillar within Zimbabwe’s economic transformation and industrialisation agenda under Vision 2030 and the National Development Strategy 2. The production increase, equivalent to approximately […]
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WestProp’s Strong Q1 Performance Reflects Growing Confidence in Zimbabwe’s Property Market
At a time when many emerging economies continue to face liquidity constraints, inflationary pressures, and global market uncertainty, Zimbabwe’s property sector is beginning to demonstrate resilience, long-term capital confidence, and strategic urban transformation. WestProp Holdings’ first quarter trading update for 2026 provides an important indicator not only for the construction and property market, but also […]
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