Zimbabwe
Amalgamated Regional Trading Holdings Reports Decreased Profits in FY 2023, Faces Audit Concerns
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
Jan 04, 2024
Zimbabwe
Navigating the Wild Side: Unveiling Zimbabwe's Corporate Landscape, Willdale’s 2023 FY Results, and the Path to Prosperity
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
Jan 03, 2024
Mining
China's Metal Pricing Influence: Implications for African Miners and Governments in a Changing Landscape
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
Dec 19, 2023
Botswana
Tlou Energy Secures A$3 Million Loan Agreement: Bolstering Expansion Plans in Botswana
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
Nov 07, 2023
Zambia
ZCCM Investments Holdings PLC Progresses in Negotiations with Vedanta: A Game-Changer for Zambia's Mining Industry
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
Nov 07, 2023
Companies
Turnstar Holdings Reports Strong Half-Year Financial Results with Increased Rental Revenues
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.
Nov 01, 2023
Botswana
Tlou Advances Gas-to-Power Project, Cementing Position as Key Power Player in Southern Africa
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
Nov 01, 2023
Zimbabwe
Anglo American's Sustainability Progress Sets the Course for Sustainable Mining: Lessons for Zimbabwean Miners
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
Oct 25, 2023
Botswana
Anglo American Names Matt Walker as CEO of Marketing Business, Peter Whitcutt Steps Down after 33 Years with Company
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
Oct 13, 2023
Markets
De Beers' Cycle 8 Rough Diamond Sales Reflect Industry Rebalancing and Increased Marketing Investment
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
Oct 06, 2023
Markets
Turnstar Holdings Limited Reports Strong Growth in Rental Revenues for H1 2023
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
Oct 06, 2023
Zimbabwe
Global Nickel Market Faces Widening Surplus in 2024, Putting Pressure on Prices
The decline in nickel prices on the LME, which have fallen by 38% this year, underscores the challenging environment faced by nickel producers. Several factors have contributed to this situation, incl
Oct 04, 2023
Zimbabwe
Alfred Chaavure's Remarkable Journey: From Bank Financial Accountant to Deposit Protection Corporation Director
With over 20 years of experience in Strategic Management, Banking, Finance, and Accounting, Alfred Chaavure brings a wealth of expertise and knowledge to his new role. He holds a Bachelor of Business
Sep 20, 2023
Top Stories
Nampak Writes Down Zim Operations by R136 Million and Exits, Cites Need to "Eliminate Risk"
Nampak Limited, the JSE-listed packaging manufacturer, reported normalised headline earnings of R346 million for the six months ended 31 March 2026, up 9% from R317 million in the comparable period of
20 hours agoSARB Raises Rates for First Time in Three Years Due to Iran War, Zimbabwe Faces Imported Tightening
The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra
21 hours agoWhat the Invictus PSA Really Means: Legal Framework Signed, Appraisal Wells to Decide the Prize
Invictus Energy has suspended trading in its shares pending a material announcement expected by Friday, which the company has confirmed relates to the imminent signing of a Production Sharing Agreemen
22 hours agoSADC's Grain Supercycle:Zimbabwe Joins Zambia, South Africa in Record-Breaking Bumper Harvest
In the same week that Zambia announced the highest maize harvest in its recorded history, and South Africa confirmed the largest grain crop ever produced on the continent's southern tip, Zimbabwe rel
1 day agoZimbabwe Unveils Most Ambitious Post-Independence Industrial Policy with Integrated Provincial SEZs
Cabinet has approved on the 26th of May 2026, the framework for the establishment of Integrated Provincial Special Economic Zones across all ten provinces of Zimbabwe, presented by the Minister of Fin
May 27, 2026
