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AFRICAN Sun anticipates strong recovery in the second quarter (Q2) supported by the domestic market and conference business after key performance indicators plunged during the first three months to March, 31, 2025.>https://shorturl.at/OgVv1
ARISTON Holdings is considering ditching the Zimbabwe Stock Exchange and seeking a Victoria Falls Stock Exchange listing as part of a long-term capital raising strategy to meet its US$18 million capital expenditure target.>https://rb.gy/7nj1bp
STEWARD Bank is set to transition into a fully-fledged neobank, as part of an ongoing restructuring process that includes renaming it to TN CyberTech Bank Limited.>https://shorturl.at/A43dk
ECONET Wireless Zimbabwe is set to deepen its integration of artificial intelligence (AI) and accelerate digital transformation across its operations to enhance operational and cost efficiencies.>https://shorturl.at/nZDid
UNIFREIGHT Africa strategic investments, mainly its two new business units propelled overall freight volumes, catapulting group revenue for the first quarter ended March 31, 2025 by 30 percent year-on-year.>https://tinyurl.com/4986t83p
GOVERNMENT says it will ban the export of lithium concentrate by January 2027. Addressing a post-Cabinet press briefing in Harare yesterday, the minister of Information, Jenfan Muswere, said the country’s lithium ore bodies were multi-element containing a number of minerals.>https://shorturl.at/5BDrf
From last Thursday, subscribers of The Financial Gazette began receiving a copy of China Daily's Global Weekly as - the pink paper - plays its part in deepening the booming economic and cultural relations between #Zimbabwe and #China - Jester Media Service CEO Pilate Machadu
TIME Bank of Zimbabwe missed the December 31, 2024 deadline to shore up its capital levels to US$30 million in line with tier 1 commercial banks requirements. The bank was last year granted a reprieve by the Reserve Bank of Zimbabwe but managed to close the year with just US$5,37 million in capitalisation.>https://shorturl.at/ve9d5
FBC Holdings' total income reached ZiG578 million during the first quarter to March 31, 2025 supported by strong revenue from fees and commissions. Fees and commissions revenue stood at ZiG337 million, contributing 58 percent of total income.>https://rb.gy/nvmqq8
