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

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