Business

Boost for local hospitality sector

THE local hospitality sector has received a massive boost after the Hospitality Association of Zimbabwe (Haz) partnered with FBC Insurance who will provide insurance cover for the sector as efforts to elevate Zimbabwe as a prime tourist destination continue.Speaking at the signing of the agreement between the two parties in Harare yesterday, FBC Insurance managing…

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Business

‘Bank charges cut to dampen earnings’

THE banking sector could face a steep earnings decline following the slashing of various transactional fees last month, investment analysts’ firm, Inter Horizon (IH) Securities has said.The Reserve Bank of Zimbabwe in its 2026 monetary policy statement announced just over a week ago slashed bank charges, setting a two percent ceiling on cash withdrawal fees…

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Business

Nedbank, HCC partner to boost maternal healthcare

Tapiwa Chirume NEDBANK Zimbabwe has partnered the City of Harare (HCC) to refurbish and equip the Edith Opperman Maternity Clinic in Mbare, in a move aimed at strengthening maternal and child healthcare services in the capital. Under the partnership, Nedbank has procured medical equipment worth about US$92 000, including neonatal incubators, delivery beds, baby resuscitators,…

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UK horticulture buyers laud Zim produce

VISITING horticulture buyers from different firms in the United Kingdom have lauded Zimbabwean produce, stating that it is organic, not exposed to much herbicides and pesticides, hence its high demand in the European market.The buyers were hosted at the British ambassador Peter Vowels’ residence in the capital on Monday night, with the diplomat telling the…

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Business

Heavy fines for tobacco side marketers

THE Tobacco Industry and Marketing Board (TIMB) has introduced heavy penalties for side marketers to maintain transparency and protect the integrity of the sector.Addressing the media ahead of the 2026 tobacco marketing season in the capital yesterday, TIMB inspectorate manager Isaiah Hokonya said the board was tightening its systems to seal loopholes that disadvantage both…

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Business

Econet shareholders approve ZSE exit

MINORITY shareholders of Econet Wireless Zimbabwe Limited, both institutional and retail, on Thursday voted overwhelmingly to approve the group’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE).The resolutions attracted over 95 percent support at an extraordinary general meeting held in Harare.The special resolution to delist and migrate to an Over-the-Counter (OTC) trading platform was approved…

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Business

First Capital Bank dominates regional stage

FIRST Capital Bank Limited recently showcased its financial prowess at the 2026 Mining Indaba in Cape Town, South Africa.The bank, representing Zimbabwe as part of the FMBcapital Holdings Group, positioned itself as a strategic partner for regional investors.By leveraging a footprint across Botswana, Malawi, Mozambique, Zambia, and Zimbabwe, the institution demonstrated its capacity to facilitate…

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