People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

TSL Limited, Zimbabwe's only listed group whose commercial footprint spans agricultural chemicals, tobacco sales floors, packaging, end-to-end logistics, and property, is set to become the country's l

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

Zimbabwe’s wheat planting programme has reached 128,459 hectares, surpassing the national target of 125,000 hectares by approximately 3,459 hectares or 2.8%. The Agricultural and Rural Development Au

Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser

Government has approved on the 23rd of June 2026 the Zimbabwe Sugarcane Industry Development Plan 2026 to 2035, presented by the Acting Chairperson of the Cabinet Committee on National Development Pla

Thirty eight companies received operating licences at a Victoria Falls International Financial Centre (VFIFC ) licence ceremony held in Harare yesterday, marking the operational launch of a financial

Government has held firm on the January 2027 ban on lithium concentrate exports despite the industry’s request for a six month extension. The decision has shifted Zimbabwe’s lithium policy from aspira

Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa

First Mutual Properties Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange effective 2 July 2026, moving a US$140.07 million property platform into an unlisted structure bui

Zimbabwe's sugar industry produced 443,501 tonnes in the financial year ended 31 March 2026, a 1% increase from the prior year, while total sales reached 471,837 tonnes, a 24% increase from 380,531 to

Green Hybrid Power and the Intensive Energy Users Group are targeting financial close by October 2026 on a US$400 million floating solar project at Lake Kariba. Intensive Energy Users Group (IEUG) ch

•Emergency stabilisation now creates 48-hour receivables risk before payment certainty exists. •Government can now cap private hospital fees and permissible tariff increases. •Profit shifts to discipl

Transvaal Africa has attributed the collapse of its proposed acquisition of part of PPC Zimbabwe’s Arlington Estate to a sequence of legal proceedings, government infrastructure decisions and airport

Zimbabwe's tourism sector recorded international tourist arrivals of 384,515 in the first quarter of 2026, an 11% increase from 347,555 in the same period of 2025, with total tourism revenue rising 14

Hyatt Hotels Corporation will reopen the former Kingdom Hotel in Victoria Falls as Grand Hyatt Victoria Falls The Kingdom in late 2027 after signing a management agreement with an affiliate of Dubai b

Dairibord Holdings’ three majority shareholders have entered negotiations with an unnamed third party over the acquisition of a controlling stake exceeding 51%, placing one of Zimbabwe’s largest food

Phoenix Consolidated Industries a prominent, historically significant manufacturing and industrial group has placed four established Zimbabwean industrial businesses on the market, giving investors un

Shuntai Investments, a Chinese-owned emerging cement producer, plans to begin operations at its integrated Chegutu plant in September 2026 after investing about US$120 million in cement production and