Companies
Zambia Forestry Corp. Delivers Resilient Financial Performance in Challenging Times
The corporation generated a total revenue of ZMW386 million ($21.9 million) from the sale of roundwood and treated poles compared with ZMW366.6 million ($20.7 million) in 2021, representing an increas
May 10, 2023
World
Strategic Growth and Diversification: Sibanye's Q1 2023 Performance and Key Projects in Zimbabwe and Europe
One of the key projects that Sibanye is advancing is the Keliber lithium refinery project in Europe. The construction of the refinery commenced in March 2023, and the project is set to supply regional
May 10, 2023
World
Zimgold's Plan to Boost Local Sourcing in Zimbabwe's Oil Industry: Company Aims to Raise US$5 Million through the private placement of a Commercial Paper
Zimgold aims to raise US$5 million through the private placement a commercial paper to fund local sourcing of soya beans and sunflower seeds. The limited quantities of oilseed production in Zimbabwe h
May 08, 2023
World
Commodities Perspective Corner: Ukraine Grain Deal with Poland Provides Lifeline but Concerns Remain for African Importers
Ukraine recently struck a deal with Poland to resume grain exports overland after a temporary ban. While this provides a lifeline for Ukraine to export its grain, the fate of its seaborne exports from
Apr 20, 2023
World
EasyEquities Partnership With GCash to Bring US Stock Trading to 70 Million Filipinos
EasyEquities will launch a fantasy investment game on GCash in June 2023 to educate and familiarize customers with US stock trading before offering real trading. This strategy proved successful when E
Apr 20, 2023
World
Erosion of Value in Zimbabwe: Hyperinflation and Exclusion from Old Mutual Limited's Key Performance Metrics - Old Mutual Limited Releases 2022 Integrated Report
The value of the business in Zimbabwe is reduced to zero in Group equity value due to the continued impact of hyperinflation on the Zimbabwean economy. However, the Zimbabwe business remained profitab
Apr 18, 2023
World
Tharisa's Operational and Market Updates: Karo Resources' Development and Zimbabwe's PGM Potential
Tharisa, the South African chrome and platinum group metals (PGM) miner, recently announced its operational and market updates for the second quarter of its financial year. The company's CEO, Phoevos
Apr 14, 2023
World
Zambia's Copper Exports to China: Navigating the Impact of China’s Reduced Imports
Zambia is Africa's second-largest copper producer, with the metal accounting for around 70% of its export earnings according to Reuters. China has been one of the primary markets for Zambian copper, a
Apr 14, 2023
World
Zimbabwe's Lithium Export Ban Sparks Stockpiling and China Price Floor Agreements: What's Next for the Global Market?
imbabwe, a country with significant untapped lithium resources, recently implemented an export ban on lithium ores, with only a few players exempted from the ban. This move by the Zimbabwean governmen
Apr 06, 2023
Zimbabwe
Commodities Perspective Corner: Juicy Profits Trimmed! Dive into the World of Citrus Exports
According to Zimtrade, the new requirements that have been put in place by EU are meant to protect consumers and prevent the spread of the False Codling Moth (FCM) into the Union. The EU enacted a reg
Mar 02, 2023
Top Stories
Mid-Term Budget’s Tax Position: Reforms Fall Short of Expectations, New Levies Introduced
In the latest mid-term budget announcement, Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, has fallen short of meeting the diverse fiscal expectations of b
19 hours agoZimswitch Payment Conference Set to Revolutionize the Financial Landscape with Cutting-Edge Insights.
Zabron Chilakalaka, Zimswitch CEO, expressed his enthusiasm, "We are thrilled to present the Zimswitch Payments Conference, which promises to be an enriching and transformative experience for all atte
Jul 17, 2024