
The Sterling Group announced plans to expand its hospitality and tourism investments across Zimbabwe, including a high-end eco-tourism resort in Victoria Falls. This announcement was made during a corporate event held on the sidelines of the Zimbabwe International Trade Fair in Bulawayo. The company also unveiled Fresh Delight, a new brand identity for its industrial catering and facilities management division. Wilbert Manyika, company chairman, attributed the rapid growth to partnerships and client trust. The group's operations are expanding across Zimbabwe, with existing hospitality investments in Bulawayo, Harare, Mashonaland Central province, and the Lower Zambezi River at Kanyemba, where Sterling Kanyemba Resort operates. The company also plans to launch Sterling Travel and Tours before year-end to offer integrated travel services and operates Capital Sterling Management for capital mobilization and investment support. Manyika stated that innovation in hospitality extends beyond rooms and resorts to essential services that support industry, and the group has additional projects in the pipeline.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Must ReadIn 2026, Japan formally repealed its nearly eight-decade ban on lethal arms exports, marking a significant shift from its postwar pacifist framework. This transformation, fueled by increasing defense budgets and constitutional revision efforts, is turning Japan into a military actor capable of long-range power projection and mass arms exports. While often framed as a response to regional security concerns, this military rearmament is seen by Africa and the broader Global South as a proactive strategic choice tied to the US-led Indo-Pacific hegemonic architecture. Its effects extend to Africa through resource, aid, and defense cooperation, posing long-term security and developmental risks. Japan's 2026 defense budget reached 9.04 trillion yen, aiming for 2 percent of its GDP, with massive funding for next-generation fighter jets, long-range cruise missiles, and offshore naval vessels. This expansion is supported by the United States, which has loosened Japan's military constraints to offset Indo-Pacific defense costs. NATO's integration with Japan through the Global Combat Air Programme further signifies cross-regional military bloc polarization. The article argues that the regional military escalation is driven by Japan's offensive military expansion and America's forward military deployment, rather than a mutual security dilemma. Japan's arms exports to Southeast Asian nations are fueling military proliferation and escalating maritime tensions. This military resurgence also

The Sables have announced a 31-man squad for their upcoming SAS training camp as they prepare for a showdown against SA A. This development comes amidst various other news items from Zimbabwe, including discussions on increased US investment, the potential for hybrids over electric vehicles, and calls for stronger safety measures on the Kamandama disaster anniversary. Other reports highlight foreign military attachés touring ARDA projects, National Foods investing US$25 million in local milling, and Mpilo beginning the installation of a new cancer treatment machine. The Zimbabwe Stock Exchange's market capitalization stood at approximately US$3.26 billion, while VFEX reached US$3.54 billion, with expectations for more ZSE delistings to sustain VFEX momentum in FY26. Concerns were also raised about political tensions at grasslands plots leading to violent attacks and forced evictions, power outages and raw material shortages affecting ART operations, and the urgency of high-integrity carbon markets and local credit ratings for climate finance.

The Zimbabwe Stock Exchange's market capitalization was approximately US$3.26 billion as of last Friday, while the Victoria Falls Exchange VFEX stood at US$3.54 billion. This comes as National Foods has invested US$25 million in local milling, and Mpilo has begun installing a new cancer treatment machine. Foreign military attachés recently toured ARDA projects, commending Zimbabwe's agricultural efforts. However, ART operations have been affected by power outages and raw material shortages, leading to a 6% decline in export volumes and a 26% decline in paper division volumes during the third quarter to June 2022. There are also calls for urgent action on ecosystem restoration and climate resilience, with an emphasis on high-integrity carbon markets and local credit ratings for climate finance.