KUDZANAI GEREDE OLD Mutual Zimbabwe (OMZ) says it is cautiously optimistic about the country’s market outlook, citing sustained macroeconomic stability supporting operations despite external risks from the Middle East conflict. This comes as the diversified financial services group posted a 43 percent year-on-year increase in after tax profit of US$40,177 million for the year driven…
ZIMBABWEAN workplaces have become death traps as fatalities surged to a four-year high, prompting a stern government ultimatum to industry leaders. Opening the Occupational Safety and Health (OSH) engineers workshop last week, the minister of Public Service, Edgar Moyo, exposed a chilling reality, the decline in workplace danger had reversed into a deadly upward trend….
KUDZANAI GEREDE FIRST Capital Bank (FCB) recorded a 52 percent year-on-year surge in profit to US$30 million for the year ended December 31, 2025 driven by strong customer acquisition and improved efficiencies from technology-enabled processes. The group’s positive performance also benefited from an expanded omnichannel presence, an upgraded ATM estate, and the deployment of integrated…
YVONNE NCUBE THE growing concentration of municipal debt in Bulawayo’s commercial and industrial zones is raising fresh concerns over the city’s financial sustainability. Authorities warn that continued non-payment could cripple essential services. According to the Bulawayo City Council (BCC)’s latest newsletter, the central business district, industrial areas, and eastern suburbs account for the largest share…
MASIMBA MAKWEMBERE LEADING hospitality firm, Rainbow Tourism Group, recorded robust growth in 2025, with revenue rising 13 percent to US$50.3 million, up from US$44.4 million recorded in 2024, driven by innovative strategies and the sustained strength of the Group’s diversified hospitality and tour operations portfolio. In a statement accompanying the group’s financial results, RTG board…
POLICE are escalating their efforts to improve the conduct of officers carrying out proactive patrols or manning roadblocks, in a bid to ensure that this is done in strict accordance with established standards and legal provisions. This comes amid re-emerging issues around the alleged needless harassment of motorists and the growing proliferation of checkpoints in…
AUTHORITIES are prioritising the strengthening of the ZiG, through prudent fiscal and monetary reforms, ahead of aspirations to make the domestic currency more acceptable abroad. Speaking in the National Assembly this week, the minister of Finance, Mthuli Ncube, said all this was aimed at deepening confidence in the local unit and increasing its usage in…
BUSINESSMAN Herbert Nkala has stepped down as director of Tanganda Tea Company (Tanganda) after 29 years of service, including the last five as chairman. The move, confirmed yesterday, coincided with a shareholding shift following the entry of new strategic investor Rutanhi Investments, an Innscor Africa unit. Nkala, who served on Tanganda’s board for 29 years,…
NURSES have given the government an ultimatum, warning that they will go on a nationwide strike next month if their concerns are not addressed.In a letter dated March 26 to the Health Services Commission (HSC), Zimbabwe Nurses Association (Zina) president Enock Dongo said nurses would stop working from April 15 to 17.“We have been instructed…
ZIMBABWE recorded 426 946 criminal offences between October and December 2025, marking a 12,1 percent increase from 380 727 cases reported in the third quarter of the year, according to Zimstat. This comes after the country has of late experienced more incidences of crime that include robbery, sexual offences, drug-related crimes, and murder, with cases…

