Business Digest

RTG expands beyond borders, targets SA

RTG’s cross-border pivot marks a significant departure from its historically domestic focus and signals growing investor appetite for high-return tourism assets in southern Africa.

By Freeman Makopa Jun. 6, 2025

Zim gas deal: ‘New era in Africa energy future’

By Mthandazo Nyoni Jun. 6, 2025

Natfoods expansion unlocks new market for local farmers

By Ashton Ndakusiya Jun. 6, 2025

RioZim financial woes deepen

RioZim’s liquidity position also deteriorated.

By Tatira Zwinoira Jun. 6, 2025

Zim’s data-driven future offers hope

Young graduates can target entry-level roles like data analyst in finance, retail, or agribusiness. With fintech giants like EcoCash

By Naison Bangure May. 30, 2025

Zim platinum output to fall as inventory depletes

Maintenance and lower grades at Unki, along with reduced availability of mechanised fleet and optimisation work at the furnace, impacted Zimplats, the country’s biggest producer.

By Mthandazo Nyoni May. 30, 2025

Zim platinum output to fall as inventory depletes

Nedbank commits US$500 000 for Zimbabwean varsity students

The bank is also strengthening partnerships with universities and research institutions to support innovation and technology-driven solutions.

By Ashton Ndakusiya May. 30, 2025

Nedbank commits US$500 000 for Zimbabwean varsity students

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Forex volatility erodes Pick n Pay Zim profits

The equity accounted for the results of TM in accordance with IAS 29.

By Tatira Zwinoira May. 30, 2025

Forex volatility erodes Pick n Pay Zim profits

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Steward Bank records surge in US$ deposits

Ecocash controls the financial institution. The growth signals customer confidence amid a challenging economic climate.

By Mthandazo Nyoni May. 30, 2025

Steward Bank records surge in US$ deposits

From the Heart of Africa to the Harbors of Monaco: Billionaire Suri Secures $200M for Luxury Yacht Empire

Despite the glitz, Prateek remains grounded in his African roots

By Theindependent May. 24, 2025

From the Heart of Africa to the Harbors of Monaco: Billionaire Suri Secures $200M for Luxury Yacht Empire

ZMF pushes for ASM gold syndicates to tap into hefy govt offer

Fidelity Gold Refinery in March lowered the incentive threshold from 20 kilogrammes to 500 grammes, making it easier for more miners to qualify for the 5% gold delivery incentive.

By Lee Musaidzi May. 23, 2025

ZMF pushes for ASM gold syndicates to tap into hefy govt offer

Zimra tax audit blitz alarms Zim business

Mambara recommended Zimra recalibrates risk filters, raise trigger thresholds as data quality improves, and integrate audits across tax heads to avoid duplication.

By Ashton Ndakusiya May. 23, 2025

Zimra tax audit blitz alarms Zim business

potential with generative AI

Adopting generative AI is not without challenges. It demands clean, well-organised data and a clear implementation strategy.

By Naison Bangure May. 23, 2025

Property developers target informal traders

Mashonaland’s investment properties were valued at US$91,91 million at the end of March.

By Tatira Zwinoira May. 23, 2025

Property developers target informal traders

Schweppes buyout set to spur Delta revenue growth

The profit after tax was an increase of 16% over the prior year.

By Tatira Zwinoira May. 23, 2025

Schweppes buyout set to spur Delta revenue growth

Cites, spare a thought for creepy crawlies

Each of the four was sentenced to a fine of US$7 700 or a year in prison for violating Kenya’s wildlife conservation laws.

By Emmanuel Koro May. 23, 2025

Cites, spare a thought for creepy crawlies

Hypocrisy never builds nations, it destroys instead

The blood-dimmed tide is loosed, and everywhere

By Harry Wilson May. 23, 2025

Hypocrisy never builds nations, it destroys instead

20 yrs after Murambatsvina — Focus on housing development

Urban to rural migration, particularly among the middle-aged population, has reinforced the lucrativeness of “sabhuku deals”.

By Takudzwa Mathende May. 23, 2025

20 yrs after Murambatsvina — Focus on housing development

Zimbabwean Business Council UAE champions cross-border growth

As Zimbabwe and the UAE deepen their ties, ZIBCO is set to remain at the centre of this economic renaissance, amplifying voices, unlocking value and forging lasting prosperity.

By The Zimbabwe Independent May. 23, 2025

Zimbabwean Business Council UAE champions cross-border growth

Power of big data analytics in procurement procedure

Though seemingly obvious, next to cash, information is king.

By Charles Nyika May. 23, 2025

Power of big data analytics in procurement procedure

Afreximbank posts strong net income of US$215 million

The group posted strong net income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period.

By Mthandazo Nyoni May. 21, 2025

Afreximbank posts strong net income of US$215 million

Shamva explores modular plan for US$200m project

The plan, according to Shamva Gold Mine general manager Gift Mapakame, offers investors a more manageable risk reward profile amid volatile market conditions.

By Mthandazo Nyoni May. 16, 2025

Shamva explores modular plan for US$200m project

WestProp declares US$2,4m dividend

Revenue surged by 80% to US$29,04 million, and gross profit nearly doubled to US$11,15 million, driven by strong sales from key residential developments such as Pomona City.

By Tatira Zwinoira May. 16, 2025

Performance management system: Seven critical CEO level questions

Performance management should be more than a compliance exercise. It should be a strategic engine — driving clarity, accountability, growth, and ultimately, business results.

By Memory Nguwi May. 16, 2025

Performance management system: Seven critical CEO level questions

AI no longer science fiction

In Zimbabwe, these technologies bring both challenges and opportunities. On one hand, AI can help us solve problems in areas such as healthcare, farming, and education.

By Naison Bangure May. 16, 2025