Companies
Innscor Makes History Again: First Zim Firm to Hit US$1 Billion Revenue Twice, Fuelled by Decades of Strategic Mastery
Innscor, Zimbabwe’s largest food processor, has etched its name in history as the first company in the nation to surpass US$1 billion in revenue twice, achieving this feat in 2014 with US$1.04 billion
Sep 26, 2025
World
Africa Ranks as Epicentre of Child Poverty, Yet Possesses 30% of Global Rare Riches: An Analysis
The past decade has witnessed gradual but persistent progress in reducing extreme child poverty globally, yet children remain disproportionately affected by poverty compared to adults. Despite advanc
Sep 24, 2025
Companies
National Tyre Services Charts Recovery Path After ZiG 121M Loss with Robust Supply Chain Overhaul
National Tyre Services (NTS), Zimbabwe's leading tyre distribution and retail company, remains optimistic about its future prospects despite posting a substantial full-year loss of ZWG 121 million for
Sep 23, 2025
Zimbabwe
TSL Retreat from Nampak's $25 Mn Deal: An Immature Romance Doomed by Shareholder Scepticism
TSL Limited, a Zimbabwean conglomerate with interests in logistics, agrochemicals, and packaging, has terminated its US$25 million bid for a 51.43% stake in Nampak Zimbabwe, the country’s leading pack
Sep 17, 2025
World
Gold ETFs Soar with $5.5B Inflows in August: Could a Gold-Backed ETF Work Locally?
Physically backed gold ETFs in August had inflows of US$5.5 billion, marking three months in a row of positive flows. Gold-backed ETFs are investment funds that hold physical gold and are traded on s
Sep 16, 2025
Zimbabwe
Weekly Currency Review: Is ZiG’s Stability Fundamentally Driven or Cosmetically Defined?
The local currency, the ZiG, has maintained a stable performance for nearly a year, marking a significant milestone in the country’s economic landscape. On September 16, 2025, the ZiG opened the week
Sep 16, 2025
Zimbabwe
No Tax Clearance, No Road Access: ZIMRA Crackdown on Public Transport Operators
The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k
Sep 10, 2025
Top Stories
UK Opens Audit Market to Zimbabwe as Landmark Agreement Recognises Local Qualifications
Zimbabwean auditors have secured a new pathway into the United Kingdom's professional services market following a mutual recognition agreement between the two countries' audit regulators. The developm
10 hours agoOK Zimbabwe Shareholders Approve ZSE Exit, US$20 Million Recapitalisation Fails to Prevent Corporate Rescue
OK Zimbabwe shareholders have approved the retailer's withdrawal from the Zimbabwe Stock Exchange (ZSE), approximately 16 months after authorising a US$20 million capital raise intended to restore its
1 day agoOver Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing
Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci
1 day ago
