Business
Khayah Cement Limited Voluntarily Terminates Listing on ZSE
Khayah Cement Limited, which is currently under financial distress and undergoing a corporate rescue process, has voluntarily terminated its listing on the Zimbabwe Stock Exchange (ZSE). In a statement issued by the ZSE, the exchange informed stakeholders:“The Zimbabwe Stock Exchange Limited hereby notifies the investing public of the voluntary termination of listing of Khayah Cement […]
Read More
Zimbabwe’s Industrial Ambition: National Foods Expansion a Beacon of Agro-Industrial Transformation
Zimbabwe’s agro-industrial sector is stepping into a transformative era with the commissioning of National Foods’ new production lines in Harare, officially inaugurated by His Excellency, President Dr. E. D. Mnangagwa, on 29 May 2025. This event, while primarily an industrial milestone, also symbolises the country’s broader push towards self-sufficiency, value addition, and inclusive economic growth […]
Read More
SHEP Uplifts Rural Farmers as Japan-Zimbabwe Horticulture Partnership Bears Fruit
A transformative chapter in Zimbabwe’s rural agricultural development has drawn to a close with the successful completion of the Smallholder Horticulture Empowerment Programme (SHEP), a five-year initiative implemented by the Government of Zimbabwe in partnership with the Japanese International Cooperation Agency (JICA). Launched to empower smallholder farmers with market-driven horticultural knowledge, the programme has positively […]
Read More
Simbisa Brands Poised for Major Regional Expansion with 53 New Outlets Planned in 2026
Simbisa Brands Limited, Zimbabwe’s foremost quick service restaurant (QSR) group, is gearing up for a significant expansion across Southern and East Africa, announcing plans to open 53 new outlets in Zimbabwe, Kenya, and Eswatini in 2026. The company aims to open 40 new outlets in Zimbabwe, 11 in Kenya, and 2 in Eswatini, reinforcing its […]
Read More
Shurugwi’s Woman-Led Tebekwe Mine Sets Gold Standard in Inclusive Mining Empowerment and Rural Transformation
SHURUGWI – In a bold and transformative step aligning with Zimbabwe’s vision for rural industrialisation and inclusive development, a woman-led mining enterprise, Tebekwe Mine, operating under Mutovu Investments, is rewriting the story of community empowerment in Shurugwi. Spearheaded by Dr Smelly Dube, the company has availed two hectares of its mining claims to over 200 […]
Read More
NMB seeks to mobilize lines of credit to the tune of US$70 million
NMBZ Holdings Limited, via NMB Bank Limited, revealed the development in its first-quarter trading update for the period ending 31 March 2025. The planned credit mobilization marks a critical intervention, poised to stimulate growth in the productive sector. NMB Bank is widely recognized for its strong backing of small and medium-sized enterprises (SMEs) and production-oriented […]
Read More
EU-Zimbabwe Business Forum Signals a Shift From Promises to Partnerships With Real Trade, Targeted Investments, and Private Sector-Driven Growth
The Meikles Hotel in Harare was transformed on May 20, 2025, into a bustling hub of possibility, as delegates from across Europe and Zimbabwe convened for the first-ever EU–Zimbabwe Business Forum. Far from being a ceremonial event, the forum was a bold declaration of intent, intent to build partnerships rooted in data, dialogue, and deliverables. […]
Read More
NSSA waives P4 late submission penalty
The National Social Security Authority (NSSA) says it has waived penalties for the late submission of P4 returns. The welcome development is aimed at encouraging compliance and support business recovery and sustainability. Beneficiaries of the blanket waiver are corporates with outstanding P4 submission penalties from January to November 2024. To be eligible, the companies are […]
Read More
Resilient Fields, Smarter Seeds: How SeedCo is Redefining Farming Amid Climate Pressure
At a time when farmers across Zimbabwe are reckoning with erratic rainfall patterns, unfamiliar disease outbreaks, and mounting economic pressure, SeedCo Vegetables offered a message that resonated far beyond its demonstration plots: the future of farming lies not just in the soil, but in shared knowledge, adaptive science, and resilient partnerships. Gathered at the company’s […]
Read More
Proplastics record 11% volumes growth
Proplastics recorded an 11% increase in sales volumes during the first quarter of 2025. In its first-quarter trading update, the company reported positive growth and sustained profitability. Revenue for the quarter grew by 3% to USD 4.263 million (ZWG 114.078 million), up from USD 4.123 million (ZWG 110.331 million) recorded during the same period last […]
Read More