Rising rental yield, occupancy lifts Mashold
Mashonaland Holdings reported an eight percent increase in revenue for the quarter ended 31 March 2026, as stronger rental income, improved occupancy levels and new tenant acquisitions lifted performance.
Diamond miner ZCDC lobbies for exchange control concessions
The Zimbabwe Consolidated Diamond Company (ZCDC) has appealed to government for tax and foreign currency policy relief, warning that worsening global market conditions have pushed the state-owned miner into a growing viability crisis.
Diversified income lifts ZB
ZB Financial Holdings says its diversified business model helped soften the impact of weaker lending income in the first quarter to 31 March 2026, as liquidity pressures across the banking sector constrained asset growth.
Growth campaigns pay off for Simbisa, customer volumes up 14pct
Simbisa Brands says aggressive marketing campaigns, promotional pricing and product quality improvements drove strong customer traffic growth in the third quarter ended 31 March 2026, helping the quick-service restaurant group expand market share despite mounting operating cost pressures.
Tharisa agrees fiscal rules with Zimbabwe for $545 million platinum project
Tharisa has reached an agreement with Zimbabwe on fiscal regulations for its proposed $545m Karo Platinum project, a critical step ahead of concluding its funding.
Financially distressed OK Zimbabwe suspends employee salaries
OK Zimbabwe Limited (OK Zim)’s joint works council has approved the immediate, temporary suspension of employees’ salaries and compensation in an attempt to stabilize and return the financially distressed business back to profitability.
Zim targets global energy transition drive: Classifies lithium, uranium, rare earths as strategic minerals
The Zimbabwean government has classified lithium, nickel, cobalt and rare earth elements among several other metals as critical minerals, as the country seeks to maximize economic benefits from the global energy transition drive, which includes the booming electric vehicle (EV) industry.
Zim gold deliveries recover, up 16pct in April
Zimbabwe’s gold deliveries rebounded strongly in April, rising 16.5 percent month-on-month to 3.32 tonnes, according to latest figures from Fidelity Gold Refinery (Fidelity).
Tobacco sales rake in US$650m as season progresses
Zimbabwe’s tobacco sales have raked in US$650 million, with a total 238,190,736 kg sold at an average US$2.54 per kg.
Zim holds fuel prices steady
The Zimbabwe Energy Regulatory Authority (Zera) has held fuel prices steady in its latest review, with blended petrol (E20) remaining at US$2.08 per litre and diesel (50) at US$2.09 cents.