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Heineken fined US$900K by COMESA over anti-competitive practices

TweetShareSharePin0 SharesBy ETimes HARARE – THE COMESA Competition Commission (CCC) has concluded an investigation into Heineken Holding N.V., with the brewer agreeing to pay US$900 000 and revise its distribution…

ANALYSIS| CABS Half Year Profit Quadruples on Strong Lending and Digital Growth

TweetShareSharePin0 SharesBy ETimes HARARE –  THE country’s largest building society, CABS, has reported a stellar set of results for the half year ended 30 June 2025, highlighting the resilience of…

CAFCA sees Q3 sales volume jump 31%

TweetShareSharePin0 Shares…but margin pressure persists from import competition, soaring costs By ETimes HARARE – CAFCA Limited maintained operational stability in its third quarter ended 30 June 2025, even as heightened…

Diaspora Demand, Dollar Deals: The Forces Reshaping Zim’s Property Landscape

TweetShareSharePin0 SharesBy Economist Stevenson Dhlamini HARARE – ZIMBABWE’S rising property prices are driven by strong demand, constrained supply and limited affordable financing, making housing comparatively expensive relative to some regional…

Edgars Posts Modest Sales Growth in H1

TweetShareSharePin0 SharesBy ETimes HARARE – EDGARS Stores Limited has reported a 3.28% increase in group sales revenue for the half year ended 6 July 2025, supported by stable macroeconomic conditions,…

Willdale suffers heavy revenue, volume decline

TweetShareSharePin0 Shares…but eyes second-half turnaround HARARE -WILLDALE Limited’s financial performance for the half-year ended 31 March 2025 reflects a challenging operating environment marked by declining revenues, reduced volumes and ongoing…

Padenga Mulls Share Consolidation Post-Dallaglio Takeover

TweetShareSharePin0 SharesBy ETimes HARARE – PADENGA Holdings shareholders have urged the board to consider share consolidation following its full acquisition of Dallaglio, a key Zimbabwean mining operator, but the company…

Nestlé’s Cerevita Eyes Regional Expansion with $7M Production Boost

TweetShareSharePin0 Shares…as Cerevita sales surge in Zimbabwe By ETimes Nestlé’s Cerevita brand is seeing its strongest growth in Zimbabwe, where it has become part of consumers’ daily routines, while demand…

Harare-Byo-Vic Falls Route: The Battle of Harare Showgrounds

TweetShareSharePin0 SharesHARARE – For years, Extracity Luxury dominated the Harare-Bulawayo Victoria Falls route, operating from offices near Harare Showgrounds. However, the competition has intensified, with three other major players now…

Turnall hit by qualified audit opinion amid deepening losses

TweetShareSharePin0 SharesBy ETimes HARARE – BUILDING materials manufacturer Turnall Holdings Limited has come under scrutiny after receiving a qualified audit opinion on its consolidated financial statements for the year ended…