Mining firm listed on the Victoria Falls Stock Exchange (VFEX) Bindura Nickel Corporation (BNC) is set to bounce back to profitmaking in FY2024 after incurring a net loss of US$18.5 million in FY2023.

One of the leading bricks manufacturer, Beta Bricks Limited will start producing 18-24 million bricks this year when it fully commissions the Steele 90 plant in Melfort which is in the last stages of

The US government budget deficit widened by 157% to US$227.8 billion in June 2023, up from a US$ 88.8 billion gap in the same month of the previous year. This figure fell below market expectations of

The US dollar index saw a nosedive on Friday, falling below 100 and hitting its lowest levels in over a year. The decline comes amid indications that US inflation is on a downward trend, sparking hop

China's trade surplus for June decreased due to a decline in both imports and exports, which indicates a shift in the balance of trade. This shift has significant implications for China's economy and

The Zimbabwe dollar has sustained a recovery trend, firming to ZWL4998.8352 in the latest auction market held on July 11, 2023, with an 8% week-to-date increase. This marks one of the strongest perfor

Border Timbers Limited has received a Zimbabwean forestry company, has received an offer from Cicada Plantations Zimbabwe (CPZ), an agricultural entity, to acquire 100% of the issued share capital of

Diversified agricultural concern, Zimplow Holdings Limited's shares will lastly trade on the Zimbabwe Stock Exchange (ZSE) today and it will be listed on Friday on the US dollar-denominated bourse, VF

China’s factory-gate prices recorded their fastest fall in seven and half years in June while consumer inflation was at its slowest since 2021. The producer price index marked its steepest decline sin

The Russian ruble has hit its lowest mark in 15 months on the 10th of July 2023 at 90.6 against the US dollar, trading well below averages prior to Russia's invasion of Ukraine, due to political uncer

Zimplow Holdings Limited has announced that it will be delisting from the Zimbabwe Stock Exchange (ZSE) on July 12, 2023, followed by its listing on the US Dollar-denominated Victoria Falls Stock Exch

The South African rand has taken a hit, depreciating by 2% week on week to trade at 18.8 against the US dollar. The country's power deficits have been the main driver behind the currency's poor perfo

Hospitality concern, Rainbow Tourism Group (RTG) is eyeing a strategic acquisition to expand its business and enhance shareholder value. In a cautionary statement, the Group said the acquisition inv

Dairibord Zimbabwe Limited, the largest milk processor listed on the Zimbabwe Stock Exchange, has made a bullish outlook based on recent investments that are expected to boost production and enhance p

The Zimbabwe dollar has appreciated to ZWL5395.9619 on the latest auction market held on the 4th of July 2023, notching up 17% gain from ZWL6326.5877 traded last week per dollar. This is the biggest

Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign

New tyres retailer and distributor, National Tyre Service (NTS) has missed the deadline to publish its audited financial results for the twelve months ended March 31, 2023, due to challenges related t

ZSE-listed tea agro concern, Tanganda Tea Company has posted a net profit growth of ZWL1.4 billion from ZWL1.1 billion for the half-year ended 31 March 2023 despite incurring a huge volume decline acr

Khaya Cement, formerly Lafarge Cement Zimbabwe, has incurred a significant after-tax loss of ZWL17 billion for the full year ended 31 December 2022.  The reduced profitability was attributed to depre

Bricks maker, listed on the Zimbabwe Stock Exchange (ZSE) Willdale Limited Zimbabwe has posted a net monetary loss of ZWL 562.78 million during the half-year ended 31 March 2023 as currency conundrum