Insurance penetration: Innovation, economy or it’s market structure?
Zimbabwe’s insurance penetration rate — defined as the ratio of insurance premiums to gross domestic product — remained low at approximately 2% in 2024
By Chiedza Maeresera
Aug. 8, 2025
Treasury withholds US$3m dairy levy
By Melody Chikono
Aug. 8, 2025
Zim bolsters African ambition, hunts for fresh deals in Algeria
Zimbabwe’s previous participation has yielded concrete results, including US$20 million worth of deals secured at the Egypt edition.
By Mthandazo Nyoni
Aug. 8, 2025
Protecting Zim from AI voice scams
Last month, news broke of a Canadian fraud ring that used AI to clone the voices of elderly Americans’ grandchildren
By Evans Sagomba
Aug. 8, 2025
ZimRe makes final push for funds blocked in US
Financial services group ZimRe Holdings Limited (ZHL) is making a final push to recover more than US$1,1 million frozen by US authorities during the sanctions era, businessdigest can reveal.
By Melody Chikono
Aug. 8, 2025
Local sauces tickle taste buds at global awards
Zimbabwean food excellence is making headlines, with two local brands securing honours at the prestigious 2025 Aurora International Taste Challenge (AITC), held in South Africa recently.
By Staff Writer
Aug. 8, 2025
Afreximbank arranges US$1,35bn in US$4bn Dangote Refinery refinancing deal
The deal marks a significant step in completing Africa’s largest single-train refinery, which is poised to transform regional energy supply and reduce dependence on imported fuel.
By Mthandazo Nyoni
Aug. 5, 2025
CSC gets US$9m injection to settle local debts
MIF’s milestone follows the April approval of a revival plan crafted by CSC corporate rescue practitioner Crispen Mwete, aimed at resuscitating what was once Africa’s largest integrated meat processor
By Tinashe Kairiza
Aug. 1, 2025
Ariston Holdings directors buoyant amid headwinds
“The directors’ assessment included a review of the group’s financial performance and position as at March 31, 2025, as well as an evaluation of short- and medium-term prospects,” Ariston said
By Melody Chikono
Aug. 1, 2025
Zim firms shift to electronic registers
The VFEX Depository currently holds securities for a total of 17 issuers, comprising 12 equities, three depository receipts, a REIT, and a bond.
By Melody Chikono
Aug. 1, 2025
Paramount, Alliance dispute over redress spills into court
In January, Paramount made a formal complaint with the Insurance and Pension Commission, over the case.
By Blessed Ndlovu
Aug. 1, 2025
Mines and RBZ in crunch talks over forex retention
The industry is forecasting worsening access to foreign currency this year, under the prevailing policy.
By Freeman Makopa
Jul. 25, 2025
Renewed scrutiny for Vic Falls
ZIMBABWE’S premier tourist destination, the Victoria Falls, is facing renewed scrutiny from environmentalists over unchecked commercial development in its rainforest.
By Tinashe Kairiza and Musavengana Chirau
Jul. 25, 2025
ZSE eyes REIT surge to meet investor demand
ZSE Holdings owns and operates both the Zimbabwe Stock Exchange (ZSE), which trades in local currency, and the Victoria Falls Stock Exchange (VFEX), a USD-denominated bourse.
By Melody Chikono
and Ruth Maseko
Jul. 25, 2025
Govt calls for Chinese investments into beneficiation
“We are not going to be allowing any more chrome or lithium to leave Zimbabwe raw in NDS2,”
By Concilia Mupezeni and Ashton Ndakusiya
Jul. 18, 2025
Prescribed assets projects struggle to secure funding:US$86m worth of deals fail to take off
ABOUT US$86 million worth of projects classified under the “prescribed asset” bracket failed to attract investment from Zimbabwe’s pension funds last year,
By Melody Chikono
Jul. 18, 2025
Namib targets Q1 2026 Zim production
The Mazowe and Redwing projects will complement Namib’s existing How Mine, a high-grade underground operation with a proven track record.
By Tatira Zwinoira
Jul. 18, 2025
O’mari projects rapid customer growth, on track for break-even
The Old Mutual Zimbabwe subsidiary, which launched in early 2023, has expanded its client base steadily, but declined to disclose specific figures.
By Mthandazo Nyoni
Jul. 18, 2025
Taking supplier collaboration initiatives to the next level
Supply chains are the ones that will compete.
By Charles Nyika
Jul. 11, 2025
US$100 million Old Mutual energy fund gains impetus
Old Mutual said this collaborative model was designed to “de-risk investment and unlock further funding” for large scale energy infrastructure.
By Mthandazo Nyoni
Jul. 11, 2025
Edgars allocates US$1,3m for expansion
EDGARS Stores Limited has allocated US$1,3 million in capital expenditure (capex) for its current fiscal year ending January 4, 2026
By Concilia Mupezeni
Jul. 11, 2025
Ariana revises Dokwe Gold Project estimates
The miner also mentioned that the proximity to Johannesburg, South Africa, would give them access to suppliers in the neighbouring country which has a robust supply chain.
By Tatira Zwinoira
Jul. 11, 2025
ACZ seeks funds for airports upgrade
From Lagos to Nairobi, governments are offering foreign operators long-term airport management rights in return for investment in terminals, runways, and technology.
By Freeman Makopa
Jul. 11, 2025
Zimplow looks to Angola for assembly
Several companies have been moving their operations to neighbouring nations to reduce the cost of production.
By Melody Chikono
Jul. 4, 2025
CBZ secures US$200m in credit lines for year 2025
At the beginning of the year, CBZ set a goal to raise US$500 million in credit lines this year to tackle the country’s liquidity challenges and support economic growth.
By Blessed Ndlovu
Jul. 4, 2025
TSL closes in on US$25m Nampak Zim acquisition... transaction awaits shareholders’, regulatory nod
A binding sale and purchase agreement has already been signed between the parties, he said, marking a significant milestone in finalising the transaction.
By Concilia Mupezeni
Jul. 4, 2025
Hippo plans job cuts in cost containment move
Hippo initiated “Project Zambuko”, a plan to implement cost containment measures and optimise revenue.
By Tatira Zwinoira
Jul. 4, 2025
Afreximbank appoints Cameroonian national George Elombi as next president
Elombi becomes the fourth president to lead the bank since its establishment in 1993.
By Mthandazo Nyoni
Jun. 28, 2025
Afreximbank projects US$250 billion in assets as Oramah reflects on decade of growth
He made these remarks during his speech at Afreximbank's 32nd Annual Meetings in Nigeria on Friday.
By Mthandazo Nyoni
Jun. 28, 2025
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