The Markets Ledger

Zim’s domestic direct investment spikes in Q1 2026

The Zimbabwe Investment and Development Agency says the country’s domestic direct investment (DDI) rose sharply in the first quarter of 2026, climbing from US$4,08 million to US$102,38 million, in what the agency described as evidence of stronger local participation in the economy through joint ventures and other partnerships.

NicozDiamond reports steady growth

The business benefited from enhanced distribution efforts and strengthened client retention initiatives, which contributed to sustained topline momentum

Zim mobile network operators double infrastructure spend

Zimbabwe’s mobile network operators (MNOs) sharply increased capital expenditure in the final quarter of 2025, pouring a combined ZiG1,08 billion into infrastructure, more than double the ZiG509 million recorded in the previous quarter, a latest industry report has revealed.

Land monetisation lifts AFC

Agro-financier AFC Holdings (AFC) has raised more than US$5 million through the productive use of its land portfolio, as it moves to strengthen its capital base and expand lending.

Premier raises £1m to push lithium project towards commissioning

Premier African Minerals has secured about £1 million (approximately US$1,3 million) through a share subscription to support ongoing works at its Zulu Lithium and Tantalum project in Zimbabwe, as the firm targets completion of key activities in the second quarter of the year.

Mutapa Gold Resources CEO steps down

His departure comes just four months after the establishment of MGR, one of several mineral-focused entities created under the Mutapa Investment Fund’s mining portfolio following the restructuring that led to the dissolution of Kuvimba Mining House.

Residential property drives WestProp

WestProp Holdings (WestProp) recorded a 19 percent increase in revenue to US$34.64 million for the year ended 31 December 2025, reflecting sustained demand in the residential property segment, despite mounting operational constraints.