Zimbabwe's Consumer Price Index (CPI) soared to 120.67 in January 2024, representing a month-on-month inflation rate of 6.6%. This indicates a significant increase from the December 2023 rate of 4.7%.

The trading update highlighted the unfavorable climate conditions in the first quarter, with below-average rainfall and extremely hot weather impacting agricultural operations. However, the weather im

Truworths International Limited (TRU.J) on Monday reported an 8.2% growth in retail sales for the 26-week period ended 31 December 2023. The South African-based fashion retailer revealed that its reta

The company has signed amended documentation relating to its senior secured project financing debt package, which amounts to US$220 million. Under the amended agreement, the repayment profile has be

Amalgamated Regional Trading Holdings Limited (ART), a leading trading and manufacturing company based in Zimbabwe, has released its financial results for the fiscal year ended September 30, 2023. The

Despite the obstacles encountered, Willdale experienced a remarkable surge in its inflation-adjusted revenue in 2023. The company's revenue reached a staggering ZWL 37 billion, a whopping 106% increas

The London Metal Exchange (LME) plans to introduce new metals contracts based on prices from the Shanghai Futures Exchange (SHFE), according to Reuters. This collaborative effort if it consummates cou

Nampak's success can be attributed to its strategic initiatives and prudent investments. The company focused on enhancing its product portfolio by introducing innovative packaging solutions that cater

The recently concluded 2023 Kimberley Process Plenary has marked a significant milestone in the efforts to regulate the diamond trade and enhance consumer confidence in natural diamonds.

In a recent development, Omnia Zimbabwe, a prominent player in the chemicals industry, has contested an income tax assessment received from the Zimbabwean Revenue Authority (ZIMRA) on April 28, 2023.

lou Energy Limited, a leading energy company focused on developing natural gas resources in Botswana, has successfully secured an additional A$3 million loan agreement. The loan, provided by entities

ZCCM Investments Holdings PLC (ZCCM-IH) has taken a significant step forward in negotiations with Vedanta Resources Limited, potentially reshaping the future of Konkola Copper Mines (KCM). The recent

Turnstar Holdings Limited, a diversified group with subsidiaries in Botswana, Tanzania, and the UAE, has announced its unaudited group financial results for the six-month period ending July 31, 2023.

Tlou, an energy solutions company operating in Sub-Saharan Africa, showcased remarkable progress in its gas-to-power project during its fourteenth Annual General Meeting (AGM). The company's concerted

As global awareness of the importance of sustainability continues to grow, large organizations like Anglo American plc are paving the way for responsible and sustainable mining practices. In their rec

Anglo American plc, a global mining company, released its production report for the third quarter ended September 30, 2023. The report showcased a mixed performance across its various operations, with

Anglo American, a global mining company, has announced the appointment of Matt Walker as the new CEO of its Marketing business. This decision comes after Peter Whitcutt, who has been with the company

De Beers, a subsidiary of global mining company Anglo American, has reported a provisional figure of $200 million for the rough diamond sales value in its eighth sales cycle of 2023. This figure repre

Turnstar Holdings Limited's trading statement for the half-year period ended July 31, 2023, reveals a significant increase in rental revenues and operational profitability. Despite challenges, the com

The leisure segment played a significant role in driving revenue growth, with hotels in popular tourist destinations contributing to the higher ADR. As a result, the group's revenue per available room