ransport and logistics Company, Unifreight Zimbabwe Limited says the recent measure put by Finance and Development Minister, Professor Mthuli Ncube that except 11 basic goods from paying tax is a disr

Rubber and Chemicals producer, General Beltings Holdings Limited recorded volumes decrease across all units during the three months to March 2023 due to depressed power supplies which curtailed produc

One of the leading tobacco companies, British-American Tobacco (BAT) has recorded volumes decline during the first quarter ended 31 March 2023 due to depressed consumer spending. Overall volumes decl

Embattled Zimbabwe dollar recorded its worst weekly performance on the 16th of May 2023 after depreciating by a record 14% against a single greenback on the RBZ-governed Auction Market. The Auction Ma

Following a series of dampened productivity and decreased sales since the first quarter of 2022, Cement maker, Lafarge Cement Zimbabwe has finally posted volume growth for the first quarter ended 31 M

Following the accusations that South Africa’s government supplied weapons to Russia by the United States, Rand’s performance has been dismal.  After the accusations, the Rand flopped to trade at 19

First Mutual Properties a subsidiary of First Mutual Holdings which specialises in the development and management of commercial properties says the rapid depreciation of the local currency remained a

ZB Financial Holdings, a Zimbabwe Stock Exchange (ZSE)- listed entity says it expects the operating environment to remain volatile in the outlook due to high interest rates, exchange rates volatility

The diversified ZSE-listed entity, FBC Holdings Limited has shelved ZWL49 billion in total income during the first quarter ended 31 March 2023. The development comes after the Reserve Bank of Zimbabw

Gold mining giant, Caledonia Mining Corporation has recorded a 16% revenue decrease to US$29.4 million during the first quarter to full year 2023 from US$35.1 during the comparative first quarter peri

After recording a loss in full-year 2021, the Victoria Falls Stock Exchange (VFEX)- listed diversified Group, Padenga Holdings has recorded a solid financial muscle during the full year ended 31 Decem

Finance and Economic Development Minister, Professor Mthuli Ncube has thrown the local producers under the bus after scrapping duty on the imports of all basic commodities. The latest measure will def

The Zimbabwe Stock Exchange (ZSE)- listed wine and spirit maker, African Distillers’(Afdis) has recorded a surge in tax expenses and taxation to government parastatals during the full year ended 31 Ma

Zimbabwe’s harmonised elections set for 2023 will proceed after the High Court nullified Douglas Mwonzora’s bid to nullify the delimitation report released by ZEC in February this year.  Delimitation

CBZ Holdings, a ZSE-listed diversified outfit’s taxation charges more than doubled by 111% to ZWL21.48 billion during the full year ended 31 December 2022 from ZWL10.8 billion in the same period in 20

Mining gem, Hwange Colliery Company Limited is set to commission new two washing plants in the second half of 2023, according to the company’s latest FY’2023 financial results.  The coal directly min

Leading plastic products manufacturer, Proplastics Limited Zimbabwe, listed on the local currency bourse, the Zimbabwe Stock Exchange (ZSE) recorded dampened performance in the first quarter ended 31

Ruling party, ZANU-PF is set for primary elections rerun on the sixth of May 2023 in three local authority wards in Hwange in preparations for the upcoming general elections while Zengeza West MP, Job

The mining concern listed on the Zimbabwe Stock Exchange, RioZim Limited Zimbabwe says recurrent electricity power cuts in the full year to December 2022 dampened its gold output at Renco Mine, its f

Leading Platinum Group Metals (PGMs) producer, Zimbabwe Platinum Mines Limited (Zimplats), a member of the Amplats Group shared impoverished both production and financial performance for the first qua