Under-fired currency, the Zimbabwe dollar has widened year-to-date losses by 18% since the Foreign Exchange Auction Market commenced ON THE 10th of January 2023. On the latest Auction Market held on t

Embattled war-ton North-eastern African country, South Sudan has banned the use of the American dollar (USD) and directed all transactions to be carried in local currency to bolster the South Sudanese

Zambia Electricity Supply Corporation Limited says the 12-hour load-shedding has ended and the nation is set to resume normal electricity supply. This was revealed by ZESCO’s Managing Director, Victor

As 2023 global growth prospects remain anaemic and the risk of recession in other large economies continues looming due to trade wars between the world's largest economies, USA and China, and geo-poli

ZSE-listed outfit, Lafarge Cement Zimbabwe, trading as Khayah Cement will delay the publication of the full-year results for the 12 months ended 31 December 2022 to give external auditors more time.

Vfex-listed mining outfit, Caledonia Mining Corporation says its latest investment in a 12-megawatt solar project is already paying off as it is producing more than anticipated electricity. This is se

Zimbabwe’s record bank policy rates, then 200% and now 150% have stunned the sales volumes for OK Zimbabwe during the third quarter ended 31 December 2022 according to the Group’s latest trading updat

Zimbabwe Stock Exchange (ZSE)-listed outfit, ART Holdings recorded mixed performance during the first quarter to FY2023 with depressed volumes due to deficiency in raw materials uptake despite an incr

Zimbabwe’s largest distributor and retailer of new tyres and tubes for the automotive industry, National Tyre Services has reported reduced sales volumes in retreading and new tyres for the third quar

The Underfired Zimbabwe dollar has shed by 93% on the Foreign Exchange Auction Market since it commenced in June 2020. The Zimbabwe dollar traded at ZWL831.8147 on the latest auction market held on th

As drought spells and erratic rainfall seasons continue to haunt Zimbabwe which heavily relies on natural rains for agriculture than irrigation systems, the Zimbabwe Stock Exchange (ZSE)-listed agro-c

Zimbabwe’s interest rates have been slashed to 150% from a global record of 200% according to the latest Monetary Policy Statement released by the Central Bank. This translates to a 50 percentage poin

Amid a polarised political and economic environment which is coupled with an expensive tax regime, fast depreciating currency and scarce US dollar liquidity, the business community has been lamenting

As rolling power cuts in Zimbabwe fail to find a breather and electricity tariffs have spilled over 40% in United States dollars, Platinum Group Metals miner, Zimplats Holdings Limited says its power

The Zimbabwe Stock Exchange (ZSE)- listed outfit, TSL Limited says it will delay the publication of its full-year results for the fiscal year ended 31 October 2022 to give auditors more time to conclu

The Zimbabwe dollar traded at 801.6023 against the US dollar on the latest Foreign Currency Auction Market held on 31 January 2023 widening month-to-date deficits by 12%. During the previous trading,

Nampak Limited Zimbabwe, a metal can manufacturing company listed on the Zimbabwe Stock Exchange (ZSE) registered a 1% decrease in profit after tax to ZWL2.61 billion for the year ended 30 September 2

The largest seed house in Zimbabwe, Seed Co Limited says its future growth focus remains grounded by a complex of calamities, from within the local market to the regional markets despite expecting vol

Wines and spirits producer and distributor, African Distillers’(Afdis) saw its Ready To Drink (RTD) category register the worst quarterly performance during the third quarter ended 31 December 2022 du

Zimbabwe’s largest company by market capitalisation, a beverages giant listed on the Zimbabwe Stock Exchange (ZSE), Delta Corporation says the future remains bleak due to an aggressive taxation system