Econet Wireless Zimbabwe, the pre-eminent telecommunications operator in the region, has strategically deployed an additional 32 5G base stations in Harare over the six-month period concluding on Augu

The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ

Zimbabwe Power Company (ZPC) has attributed the nationwide blackouts experienced yesterday in the country to a system disturbance. The disturbance resulted in a complete loss of power supply, but ‘mo

The Zimbabwe Stock Exchange Limited (ZSE) has suspended trading of Meikles Limited shares with immediate effect until further notice. This decision was announced in a circular posted today, and it ai

Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe, has entered into a definitive agreement to acquire Nyanga's Montclair Hotel and Casino for US$5 million. The acquis

Simbisa Brands, the leading quick-service restaurant (QSR) operator in Zimbabwe, reported a significant rise in energy expenditures, which more than doubled year-over-year (YoY) in Q1 FY2025. This up

Simbisa Brands, Zimbabwe's largest fast-food outlet, has opened a net total of 57 new company-operated stores between 30 September 2023 and 30 September 2024 with 5 opened in the first quarter of the

First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process