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
By Takudzwa Tondoya ZISCO Steel pensioners are owed a staggering US$38.7 million in compensation, according to a report tabled in Parliament by the Portfolio Committee on Budget, Finance and Investment Promotion chairperson, Energy Mutodi. The report follows a petition submitted by the pensioners in March 2024, highlighting
The Zim Diaspora Property Showcase is set to return to the United Kingdom this July, following the resounding success of its previous editions in Birmingham and Dallas, Texas. Organisers have confirmed the 2025 event will take place on 11–12 July at the Hilton Birmingham Metropole. The event,
Three hectares of irrigated crops—gone. In a single season, relentless power outages in Zimbabwe wiped out the lifeblood of Kundai Chifamba’s small agricultural venture. What should have been a harvest became heartbreak. The loss wasn’t just financial; it was deeply personal. Those fields were more
By Judith Nyuke A businessman who grabbed the headlines last year after he lost US$100 000 to self-styled Kenyan magicians under the pretext that they would multiply the cash to US$300 000, has appeared in court after assaulting and threatening to kill his estranged wife. Nyasha Masoka
The Zimbabwe Civil Society Organizations Scaling Up Nutrition Alliance (ZCSOSUNA) is urging the nation to tackle the alarming issue of food waste, particularly at the bustling Mbare food market, where thousands of fruits and vegetables are discarded daily. In a recent interview with 263Chat, Kudakwashe Zombe
Former Finance Minister and prominent constitutional lawyer, Tendai Biti has castigated government’s handling of the ongoing 'crisis' at the University of Zimbabwe. Lecturers at the University of Zimbabwe (UZ) have been on strike since April 16, demanding fair wages in the face of rising economic hardship.
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