First Mutual eyes May listing for US$10m gold-backed ETF
First Mutual Wealth Management says its proposed US dollar-denominated exchange traded fund will launch with an initial net asset value…
Category: Finance
Financial news, markets, and analysis
CBZ clarifies phased settlement plan for US$74,8m legacy debt
CBZ Holdings says its US$74,84 million legacy debt will be settled gradually through receipts from the Reserve Bank of Zimbabwe…
Zimbabwe Revenue Authority warns era of tax complacency is over
Zimbabwe Revenue Authority (Zimra) Acting Commissioner General Mr Misheck Govha has issued a stern warning to tax defaulters, declaring that…
‘Economic stability holds firm as global shocks test resilience’
ZIMBABWE’S economy remained on a firm growth path in the first quarter of 2026, demonstrating resilience amid global geopolitical tensions,…
Zim makes progress on debt clearance, seeks new champions — Mthuli
Zimbabwe has made considerable progress on its arrears clearance roadmap and is now engaging a new generation of champions to…
Mutapa targets long-term capital to drive key sectors
The Mutapa Investment Fund will intensify efforts to mobilise long-term capital in 2026 to support growth across key sectors, including…
Zim courts UK, Germany, Japan, France, Algeria for US$2,5bn bridge financing
(NewsDay Live) – Zimbabwe is in discussions with the UK, Germany, Japan, France, Algeria and other partners to secure US$2,5…
Mutapa records 503% surplus after tax rise to US$21,67m in FY25
THE Mutapa Investment Fund (Mutapa) surplus after tax surged by 503% to US$21,67 million last year, driven by improved income…
Tongaat seeks lifeline as liquidation battle heads to court
Tongaat Hulett Limited is seeking an extension of its critical post-commencement funding (PCF) facility from the Industrial Development Corporation (IDC),…
NMBZ outlines capital strategy, eyes share repurchase
NMBZ Holdings Limited will seek shareholder approval for a share buyback programme of up to 10% of its issued shares…