Search results for 'acquisitions'
Companies
RTG’s Ongoing Acquisition Negotiations Continue

Rainbow Tourism Group Limited, a prominent player in the hospitality sector listed on the Zimbabwe Stock Exchange has released its fourth cautionary statement regarding the ongoing negotiations for th

Sep 18, 2023
Companies
RTG Declares US$2.5 Million Dividend After Stellar FY2024 Performance

Rainbow Tourism Group Limited (RTG) has declared  total dividend of US$2.5 million for the year ended 31 December 2024, an increase from the US$1.5 million declared in 2023, following a stellar perfor

Mar 13, 2025
Companies
RTG Revenue Surges 15% in H1 2025 on Acquisitions, Refurbishments

Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe has seen a 15% uptick in revenue during the first half of 2025, entering the second half on higher-note. The increas

Sep 10, 2025
Companies
Huaxin to More Than Double Cement Output as Zimbabwe Construction Booms

Chinese cement manufacturer Huaxin Cement is set to more than double cement output to 500,000 tonnes per year by 2026 from the 200 000 tonnes current  capacity, positioning the facility as a major pla

Feb 11, 2026
Zimbabwe
Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits

In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro

Feb 23, 2026
Companies
Tigere REIT Leads Peers with Doubled Q1 Net Property Income, Four Yield Accretive Acquisitions Planned for 2026

Tigere Real Estate Investment Trust has once again set the pace among Zimbabwe's listed REITs, delivering a standout first quarter performance that reflects its dominance over smaller and newer peers

Apr 09, 2026
Opinion
What Does ASB’s US$30m Kingdom Hotel Deal Say About Victoria Falls Tourism?

When the Competition and Tariff Commission approved the acquisition of Makasa Sun by ASB Hospitality LLC without conditions in February 2026, the regulatory decision ran to a paragraph. The transactio

May 22, 2026
Companies
Tigere Launches Zimbabwe’s First Scrip Dividend to Fund H2 Acquisition Pipeline

Tigere Real Estate Investment Trust has reported rental revenue of USD 2.17 million for the half year ended 30 June 2026, a 97% increase year-on-year, with net property income growing 84.7% to USD 2.2

Jul 21, 2026
Zimbabwe
Competition Watchdog Flags Exchange Deals as Dairibord Sale Looms

The Competition and Tariff Commission has warned investors, listed companies, stockbrokers and corporate advisers that acquisitions through the Zimbabwe Stock Exchange and Victoria Falls Stock Exchan

Jul 22, 2026
Companies
Zimplow in Talks Over Potential Acquisition After Return to Profit

Zimplow Holdings is considering an acquisition that could materially affect its share price, potentially opening another stage in the repositioning of a group that has spent the past year restructurin

Aug 12, 2026
Companies
Inside Nampak’s Zimbabwe Disposal Delay

Nampak Zimbabwe’s controlling shareholder remains in discussions with potential acquirers almost two years after agreeing a US$25 million exit that subsequently collapsed, extending a disposal process

Aug 19, 2026

Top Stories

Karo Enters PGM Race at Unki and Mimosa Scale: Valterra Offtake Secures Route to Market Ahead of 2027 Start

Karo Platinum’s five year concentrate purchase agreement with Valterra Platinum removes a major commercial uncertainty from a project that has moved through four years of construction, weaker PGM pric

1 hour ago

Zimbabwe’s Aviation Recovery Leaves CAAZ Behind With US$52m Debt, Bigger Losses

Zimbabwe’s aviation market is expanding around a regulator whose balance sheet remains under considerable financial strain according to the Auditor General’s report. The Civil Aviation Authority of Z

2 hours ago

Bikita’s New Lithium Quota Exposes Zimbabwe’s 2027 Processing Gap

Zimbabwe has granted Sinomine Resource Group an additional quota to export 300,000 tonnes of lithium concentrate from Bikita Minerals, extending shipments from one of the country’s largest producers a

3 hours ago

Zimbabwe Turns to Weda Bay Model for Next Phase of Mineral Industrialisation

Zimbabwe is assessing whether the industrial model behind Indonesia’s Weda Bay complex can be replicated locally as the country attempts to move its mineral beneficiation strategy beyond individual pr

17 hours ago

Record 358.4m kg Tobacco Crop
Delivers Lower Returns for Farmers

Zimbabwe’s tobacco sales reached 358.4 million kilogrammes by 18 August 2026, extending the country’s record crop while the average price received at the marketing stage fell by about 25% to US$2.49 p

20 hours ago

Zimbabwe’s US$1.59bn Investment Pipeline Faces Execution Test: ZIDA Shifts Focus From Licences to Capital Deployment

Zimbabwe has approved almost US$1.59 billion of new investment proposals during the second quarter of 2026, although the more consequential number sits outside the licensing table. It is the amount of

23 hours ago

First Capital Put Nearly Two Thirds of New Lending Into Trade and Services

First Capital Bank has started putting its rapidly growing deposit base to work, although the destination of that money gives a more precise picture of the strategy than the headline 28% increase in l

1 day ago

Air Zimbabwe’s US$11m Loss Meets Growing Aviation Market: Passenger Growth Raises Return Hurdle on Fleet Renewal

One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un

1 day ago