Fidelity Life awaits ruling on 2015 land deal
Fidelity Life Assurance of Zimbabwe has told shareholders that a land deal it struck with CFI Holdings eleven years ago remains unsettled in two forums, but it expects to win.
BAT Zimbabwe faces liquidity pressure despite debt-settlement TBs
British American Tobacco (BAT) Zimbabwe is continuing to manage a liquidity squeeze linked to legacy foreign-currency obligations, with the cigarette maker warning that long-dated Treasury Bills (TBs) received in settlement of blocked funds cannot provide short-term operating cash.
Zimbabwe’s central bank cuts lending rate again, citing need to foster growth
Zimbabwe’s central has cut the bank policy rate to 27.5 percent from 30 percent, citing low and stable inflation, and “the need to support the economy’s strong growth prospects”.
FINSEC to route Zimbabwean orders for Dangote refinery IPO
The Financial Securities Exchange (FINSEC) has received approval from the Securities and Exchange Commission of Zimbabwe (SecZim) to offer the Dangote refinery initial public offering (IPO) to local investors through a depository receipt programme.
Mandatory vitamins fortification squeezes Zimbabwe’s sugar industry tighter
The mandatory Vitamin A fortification of sugar is creating heavy cost pressures for Zimbabwean producers, placing local sugar at a distinct disadvantage against cheaper, unfortified imports.
Varun Beverages Zimbabwe signs exclusive distribution pact with Mondelez
Varun Beverages Limited Zimbabwe on Thursday signed an exclusive distribution agreement with Mondelez South Africa for leveraging opportunities in the snacks distribution market.
Innscor invests $121 million in factories, solar
Innscor Africa Limited invested $121.2 million in new plant, equipment, and infrastructure during the year ended 30 June 2026, a 64 percent surge from the previous year, driven by the group’s efforts to expand capacity across its bakery, protein, and beverage operations.
UN steps in to help Zimbabwe, five other countries get more value from critical minerals
The United Nations has selected six countries, including Zimbabwe, for a new programme to help them extract more value from their critical minerals that are becoming increasingly important to the global energy transition.
Axia plots 15 new outlets in massive retail push
Axia Corporation, the owner of TV Sales & Home, has accelerated its expansion drive with plans to open 15 new retail outlets and service centres across Zimbabwe to deepen its market footprint and improve consumer access.
SecZim tightens controls on secondary Treasury market
The Securities and Exchange Commission of Zimbabwe (SecZim) has introduced tighter controls over secondary market government securities to combat growing concerns over fraud and misconduct.