Zimbabwe is facing an extended period of blackouts as the power utility, Zimbabwe Electricity Supply Authority Holdings, announced that Unit 7 of the Hwange power plant will be taken offline for 30 da

Zimbabwe’s ailing but massaged currency, the Zimbabwe dollar increased at a decreasing rate of 0.4% on the 24th of October 2023 on RBZ’s governed liberalized auction market rate. This marks the small

RioZim Limited, a diversified mining firm with vested interests in gold, chrome and diamonds in Zimbabwe, has achieved a significant milestone by posting its first increase in gold output in over five

Tharisa Private Limited Company, a prominent mining company listed on the London Stock Exchange (LSE) and Johannesburg Stock Exchange (JSE), has announced a deliberate decision to prolong the commissi

ZB Financial Holdings Limited has announce the appointment of Luxon Zembe as the Chairperson of the ZB Financial Holdings Limited Board, effective from 1 August 2023. Luxon brings with him a wealth of

The Zimbabwe dollar has witnessed one of the most insignificant drops in the latest auction market held on the 10th of October 2023, trading at ZWL5633.9332 compared to ZWL5591.9615. This decline is

Caledonia Mining Corporation, one of the leading gold mining producers, has announced a quarterly gold production of 21,772 ounces in the third quarter of 2023, as stated in the company's recent tradi

The government has recently issued US$5 million worth of treasury bills (TBs) with a maturity yield of 90 days. These TBs are specifically intended for government programs and managing cashflow. As p

Letlole La Rona Limited (LLR) has announced its successful acquisition of an additional 25% shareholding in JTTM from Botswana Railways Organisation (BRO). This move has resulted in JTTM becoming a su

Bridgefort Capital Limited, a diversified entity listed on the Zimbabwe Stock Exchange (ZSE) has managed to reduce its losses for the six-month period ended 30 June 2023. The company reported a loss o

Cigarette maker and distributor, British-American Tobacco (BAT), has reported a half-year loss for the period ended 30 June 2023. This loss is particularly significant as it has doubled from the previ

Africa Sun Limited (ASUN), a hotelier listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss of US$1.8 million for the half-year period ended 30 June 2023. This was primarily attributed to t

pologies for the error. Dairibord Zimbabwe Limited, the largest dairy products processor listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL4 billion for the six months e

The Reserve Bank of Zimbabwe has maintained the bank policy rate at 150% according to the resolutions of the latest monetary policy committee held on September 26th, 2023. This decision comes even tho

On the latest RBZ-governed auction market held on September 26, 2023, the Zimbabwe dollar experienced a weakening, reaching ZWL5252.6558. This depreciation further reinforces the losses from the previ

Unifreight Africa Limited, a transportation and logistics company, has reported a half-year loss for the period of six months ended 30 June 2023, as stated in the latest financial results of the Group

Zimbabwe's daily electricity generation dipped to 1556 megawatts from the previous day's record of 1681 megawatts, as reported by the Zimbabwe Power Company in its latest data release. Hwange Power S

Padenga Holdings Limited, a diversified company listed on the Zimbabwe Stock Exchange, reported an increase in its gold and crocodile volumes output during the six months that ended on June 30, 2023.

The South African Rand opened the week on a weaker note against the US dollar, despite the continued imposition of high interest rates. The currency was trading at 18.9 against the US dollar, approach

Zimbabwe's electricity generation reached its highest output on September 25th, as reported by the Zimbabwe Power Company.  This is the highest outturn in three months. A total of 1681 megawatts was