HSP REALTY taps Nashie Zim to drive property brand push
By Naledi Nyoni HARARE — Award-winning property company HSP REALTY has appointed musician and creative Nashie Zim as its brand ambassador in a partnership aimed at taking property investment to a younger and wider audience. The deal, signed on September 2, will see the two brands collaborate on marketing campaigns, property showcases, digital content and public […]
AMA mum over audit findings exposing accounting breaches, statutory arrears
By Marshall Bwanya HARARE — The Agricultural Marketing Authority (AMA) has remained tight-lipped over a damning Auditor-General’s report detailing serious financial management concerns. According to the report, the state-run agricultural regulator failed to correct accounting misstatements, remained behind on statutory obligations and still owed a foreign creditor the equivalent of ZWG2.3 million. Auditor-General Vimbai Chikwenhere issued […]
AFC Bank rocked by BAD DEBT crisis as non-performing loans soar to 9.25%
By Marshall Bwanya HARARE — AFC Commercial Bank’s non-performing loans rose to 9.25% at the end of 2025, almost double the recommended banking sector threshold, raising concerns over the lender’s credit risk controls, Auditor-General Vimbai Chikwenhere has found. Chikwenhere, however, issued an unmodified, or clean, opinion on the bank’s financial statements for the year ended December […]
Rudland’s US$30m Beitbridge citrus plant ramps up production, targets 3,000 jobs
By Naledi Nyoni BEITBRIDGE — Businessman Simon Rudland’s US$30 million Orangeville citrus processing plant in Beitbridge is scaling up production after commencing operations in July 2025, strengthening Zimbabwe’s push to add value to agricultural produce instead of exporting raw fruit. Vice President Constantino Chiwenga toured the plant in October last year, describing it as a key […]
NRZ rails into lithium boom as private partnership opens Maputo export corridor
By Naledi Nyoni HARARE — Zimbabwe’s National Railways (NRZ) has entered the country’s rapidly expanding lithium value chain after launching a new rail corridor to transport lithium concentrate to the Port of Maputo, a development expected to reduce logistics costs, boost freight volumes and strengthen the country’s mineral export infrastructure. Partnering with Zimbabwe’s only private […]
Zimbabwe sets sights on US$5 billion tourism jackpot by 2030
By Naledi Nyoni KARIBA — Zimbabwe has unveiled a five-year tourism strategy aimed at turning the sector into a US$5 billion industry by 2030, with the government betting on stronger marketing, infrastructure upgrades and community involvement to drive growth. The National Tourism Sector Strategic Plan 2026–2030 was launched during a stakeholder consultation workshop in Kariba, bringing […]
Kellys end 15-year Chewore Lodge dispute after deal with government
By Naledi Nyoni HARARE — The owners of Chewore Lodge say they have finally ended a bitter 15-year dispute with the Zimbabwe Parks and Wildlife Management Authority (ZimParks) after reaching a negotiated settlement with the government that will see them relocate their tourism business to Illala in Mana Pools National Park. In a statement posted on […]
Dairibord majority shareholders open talks to sell controlling stake
By Victor Fanuel HARARE — Dairibord Holdings could be headed for a change in ownership after shareholders controlling more than 51 percent of the dairy processor revealed they are negotiating the sale of their combined stake to an unnamed third party. A cautionary statement issued by the Zimbabwe Stock Exchange-listed company said Equivest Asset Management, Mega […]
City Parking expands self-service parking to more Harare CBD streets
By Naledi Nyoni HARARE — City Parking has expanded its self-service parking system to more streets in Harare’s central business district as it continues rolling out AI-powered parking management. In a statement, the company said motorists parking along Third Street between Jason Moyo Avenue and Nelson Mandela Avenue, as well as the block linking Simon […]
Transvaal Africa says airport expansion, legal disputes derailed US$30m Arlington land deal
By Victor Fanuel HARARE — Transvaal Africa has broken its silence after PPC Zimbabwe terminated a US$30 million agreement for the sale of its 418-hectare Arlington Estate property, insisting the collapse of the deal was driven by major legal, regulatory and infrastructure changes rather than an inability to pay. PPC Zimbabwe last week announced that the land […]