Local beverage giant, Delta Corporation has reported a 5% increase in annual revenue, reaching US$807.4 million for the year ending March 2025. The growth comes amid mounting pressure from the recently introduced sugar tax and continued challenges in its regional operations. The company, listed on the
Financial institution ZB Bank officially launched two digital financial platforms—Smile Cash and Smile Pay—in a move that could reshape the country's financial landscape. The innovations aim to bridge the gap between traditional banking and the modern fintech ecosystem, providing seamless, inclusive, and smart financial services for
Acting Harare Town Clerk Phakame Mabhena Moyo says the circulation of a leaked document outlining plans for the demolition and regularisation of illegal structures in the capital was never intended for public release. In a statement, Moyo said the document is a preliminary internal working draft
Harare’s Town Clerk has released a report revealing how the city plans to clean up the growing number of illegal structures built across the capital. The report says over 22,000 housing stands have been looked into with some getting the green light to stay but many
By Takudzwa Tondoya Minister of Mines and Mining Development, Winston Chitando, says the government is advancing legislative reforms through the Mines and Minerals Amendment Bill to ensure that mining companies plough back into the communities they operate from. Chitando was responding to Guruve North legislator Tendai Pinduka,
FBC Holdings Limited has reported a profit before tax of ZWG 94.5 million, maintained by a strategic pivot toward fee-based revenue and sustained strength in core trading activities, according to a statement by Group Secretary Tichaona Mabeza. In its latest financial performance update, the diversified financial
The country’s largest beverages manufacturer, Delta Corporation has reported a 15.5% surge in profit after tax to US$116.1 million for the year ended March 31, 2025 going through a storm of economic headwinds including currency volatility, rising taxes and constrained consumer spending. In a statement accompanying
By Elishamai A. Ziumbwa Financial institution FBC Holdings in collaboration with other stakeholders, yesterday held a groundbreaking ceremony for the construction of a new hostel at Shungu Dzevana Trust Children’s Home in Harare. Speaking at the event, FBC Holdings Board Chairperson and Trust patron Herbert Nkala said
Renovations to the National Sports Stadium are at an advanced stage with major upgrades currently underway, including the installation of bucket seats and pitch overhauls, Deputy Minister of Sports Emily Jesaya has confirmed. Addressing Parliament yesterday, Jesaya said the installation of bucket seats is “at an
WestProp Holdings Limited (ZSE: WPHL), reported a sharp upswing in full-year earnings for 2024, buoyed by robust demand for high-end residential developments and increased revenue from ongoing projects across Harare. The group posted a profit before tax of ZWL 10.3 billion for the year ended December
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