2022 has been an unfortunate year for many companies in Zimbabwe. The economic environment remained turmoil with the obvious headwinds, inflationary pressures, scarcity of foreign currency and exchang

Brick maker, Willdale Zimbabwe Limited is set to install a new crashing plant this year to improve productivity while further investments on capital expenditure are in the pipeline to improve product

Harare- ZSE- listed diversified Group, Ariston Holdings Limited has capped the full-year ended 30 September 2022 in loss after encountering setbacks from within the Group based on cost containing meas

Largest seed company, SeedCo Zimbabwe Limited posted a profit rebound of 65% during the half-year ended 30 September 2022 to ZW$2 billion from a loss of ZW$7 billion during the same period last year

One of the underlying factors of the National Development Strategy 1 (2021-2025) is to turn around the fortunes of the country through re-engaging with the Western countries particularly the USA, UK a

On the fifth of December 2022, the government, through the Reserve Bank of Zimbabwe issued a circular about the resolutions agreed upon by the Monetary Policy Committee (MPC) in the meeting held on th

lothing retailer, Edgars Zimbabwe Limited opened the new fiscal year to end in July 2023 with depressed perfomance after capping the first quarter ended 9 October 2022 with total sales down by 55.1%.

he Zimbabwe dollar (ZWL) dropped by 2%, the worst perfomance in over two months to ZWL655 against the United States dollar from 642 registered last week.  Parallel market rates against the Zimbabwe d

Financial services provider, BancABC is pursuing a branchless approach to become a top services provider after revealing plans to replace most of its manual services with digitalisation.  The develop

inance and Economic Development Minister, Professor Mthuli Ncube revealed that a tight monetary and fiscal policy stance will remain as the government tries hard to battle inflation.  In a statement

Harare- Zimbabwe Stock Exchange (ZSE)-listed diversified investment outfit, Meikles Zimbabwe Limited has posted strong financial results across all units despite having encountered setbacks from the a

ZSE-listed rubber and chemicals manufacturer, General Belting Holdings Zimbabwe Limited lamented the operating environment which continues to be tough, despite government reiterating about growth pro

Leading clothing retail outlet, Edgars Zimbabwe Limited has introduced United States dollars (US$) credit sales for its customers as it battles to survive the aggressive monetary measures introduced b

Diversified technological group, EcoCash Holdings Zimbabwe Limited narrowed after tax loss incurred during the half-year ended 30 September 2022 by a whopping 81% to ZW$506 million from ZW$2.6 billio

Financial services giant, First Mutual Holdings Limited has reported a 39% income jump to ZW$58 billion during the third quarter ended 30 September 2022 from ZW$42 billion recorded in the 2021 compara

Largest milk processor listed on the Zimbabwe Stock Exchange (ZSE), Dairibord Zimbabwe Limited has posted a 118% sales uptick in sales volumes in regional markets during the third quarter ended 30 Sep

Largest Bank by deposits and assets, Commercial Bank of Zimbabwe Holdings has recorded a solid financial performance during the third quarter ended 30 September 2022, the Bank’s trading update reviews

Construction firm listed on the Zimbabwe Stock Exchange (ZSE), Masimba Holdings has recorded a 70% uptick in revenue during the third quarter ended 30 September 2022 driven by improved order book in t

SE-financial services outfit, First Capital Zimbabwe Limited has recorded an 82% uptick in total income to ZW$26 billion during the third quarter ended 30 September 2022 according to the Bank’s latest

imbabwe Stock Exchange-(ZSE) listed forestry products outfit, Border Timbers Zimbabwe Limited has shifted its growth focus to the regional markets and beyond after productivity flopped in the local ma