Search results for 'AI'
Zimbabwe
Zimbabwe Waives Import Licences for Agricultural Equipment Spare Parts: A Small Reform With Large Practical Consequences
Zimbabwe's Cabinet has approved the waiver of the requirement for import licences for agricultural equipment spare parts imported for a farmer's own use on the 6th Cabinet Briefing held on the 17th of
Mar 18, 2026
Technology
Africa's AI Awakening: Cassava Ignites Continent's First NVIDIA-Powered AI Factory in South Africa
Cassava Technologies, the pan-African tech powerhouse rooted in Zimbabwe's Econet Wireless legacy, is launching its AI Factory in South Africa a high-density computing powerhouse fuelled by NVIDIA's a
Mar 19, 2026
Companies
Zimbabwe's Competition Watchdog Launches Probe into Cimas Medical Aid Society
Zimbabwe’s Competition and Tariffs Commission has opened a formal investigation into Cimas Medical Aid Society, one of the country’s largest medical aid providers, following allegations that it is del
Mar 20, 2026
Botswana
Netcare Expands Capacity and Adjusts Care Delivery as Medical Scheme Pressures Reshape Patient Flows
Looking ahead, the trajectory of patient activity within Netcare’s network will be shaped by how these operational adjustments interact with ongoing changes in the medical scheme landscape. Capacity
Mar 24, 2026
Companies
First Capital Posts Best Profit in History: But Non Performing Loans Surge 434%
First Capital Bank Limited, the Victoria Falls Stock Exchange-listed commercial bank whose parent is FMBcapital Holdings PLC of Mauritius, has reported profit after tax of US$30.1 million for the year
Mar 27, 2026
Zimbabwe
The Mineral Nobody Talks About: How Chrome Could Transform Zimbabwe's Mining Economy
Every conversation about Zimbabwe's mineral future is dominated by gold, platinum group metals, lithium, and diamonds. Each of these has a legitimate claim on policy attention and investor interest, a
Mar 28, 2026
Zimbabwe
Nurses Walk Out, Patients Wait: How Digital Health Can Hold a Failing System Together
On 24 March 2026, nurses at Parirenyatwa Group of Hospitals, Sally Mugabe Hospital, Chitungwiza Central Hospital, and Marondera Provincial Hospital abandoned their wards. Not in protest of clinical po
Mar 30, 2026
Zimbabwe
Dairibord’s Milk Recovery Hinges on Chipinge Restart as Capacity Returns After Disruption
Dairibord now enters a recovery phase where operational constraints have largely been removed. The Chipinge restart is not simply a return to normal production. It is a reset of capacity, cost structu
Mar 31, 2026
Zimbabwe
Wheat Triples, Maize Doubles: Cereal Imports Bill Surges as Food Dependency Deepens
Zimbabwe's cereal imports rose sharply in February 2026, according to the latest data from ZimStat. Maize imports surged 48.3% to US$44.93 million from US$30.28 million in January, while wheat imports
Apr 01, 2026
Companies
Dairibord's Tax Bill Swallows 66% Profit Surge as ZIMRA's Reach Extends Into Boardrooms
Dairibord Zimbabwe Limited, the country’s largest milk processor and various mik products producer has recorded a 66% rise in profit before tax to US$5.34 million for the year ended 31 December 2025,
Apr 05, 2026
Companies
WestProp's Profit Falls 26% in 2025: But Records Strongest Underlying Business Ever
Harare- WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed real estate developer whose portfolio spans Pomona City, Pokugara Residential Estate, Millennium Heights, and the under-dev
Apr 08, 2026
Companies
Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026
Zimbabwe
The Cotton Revolution: Govt Slashes Agric Levies 75% In Sweeping Regulatory Overhaul
Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion has announced one of the most comprehensive regulatory reform packages the agricultural sector has seen in years, with Cab
Apr 10, 2026
Companies
First Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work
First Mutual Holdings, Zimbabwe's largest listed insurer, has posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati
Apr 13, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
7 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
7 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
8 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
8 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
18 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
19 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
