Harare – As inflation and exchange
rates continue on an upward trend, the energy supply authority has indicated
3 years ago
Headline loss expected to narrow by
between 17% and 23%The losses are attributed to hyperinflation
in Zimbabwe, as well...
Shares fell by -7.59%“Lower volumes generally, coupled
with the inability to fully recover input costs, have adversely...
2 years ago
Harare – African
lithium developer, Prospect Resources Ltd has announced the dual listing of the
Company’s shares on th...
The company posted an
inflation-adjusted loss of ZWL 1.8 millionRecorded net loss of ZWL 1.8 million
compared to a prof...
Decline in sales attributed to the
impact of erosion of disposable incomesBoard of Directors are currently
2020 has started with an economy
reeling from a carryover of 2019 economic meltdown reflected by fuel shortages,
The annual inflation rate in Zimbabwe
accelerated to 521.16% in 2019 while monthly inflation for December 2019 slowed
2019 capacity utilisation fell to
36.4 from 48% in 2018According to the CZI report, on
energy, companies indicated that...
He leaves after 13 months as CEThe company appointed a new CFO in
June 2019The Company has had a bumpy financial
currency saga, domestic political tumult and seemingly labour unrest is causing
further uncertaintyCZI has
Equity Axis projects annual inflation
to peak to 841.1% by April 2020 and close the year at 364%These projections are a...
The latest projection is 0.1
percentage lower than in the October 2019 World Economic Outlook (WEO) for 2020
and 0.2 pe...
In a recent interview with a local
radio broadcaster, Minister Ncube maintains that 2020 GDP will grow by 3%In a recent...
Harare – Impala Platinum Holdings,
the parent of Zimplats has announced a strong set of financial results for the
Harare – The High Court has in a
landmark ruling set aside SI 205 of 2018 on the 2% tax for all electronic
December 2019 monthly inflation stood
at 16.55%Mthuli Ncube had projected that the
country would end the year with an i...
Despite the effects of drought, grain
output in Zimbabwe over the years has been stifled due to a number of issues
Harare – All funeral assurers
continue to be non-compliant with the minimum Prescribed Asset (PA) ratio of
10.00% as an...
Petrol increased by 4.8% to
ZWL$18.28, diesel increased by 9% to ZWL$19.55The increase in fuel prices trigger
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
Inflation hits a new low, marking an unnoticed impact as the exchange rate is racing to lose its total value. The latest recorded inflation rate is 229.8% YOY and 1.1% MOM according to the national st
The largest digital network group by marketshare, Ecocash Holdings, has recorded growth across all branches marking a clear upward trend in its financial performance. The company directs its positive
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,
The importance of remittances in Zimbabwe cannot be understated. According to a report from The Herald, diaspora remittances grew by 15,9 percent in 2022 to US$1.65 billion. The importance of remittan
China claims it will begin purchasing oil and gas in yuan as 2023 drags on, a move that may eventually put the dollar's position as the world's reserve currency in jeopardy.
Bard Santner, an asset, corporate finance and wealth management firm has launched Gold Coin Unit Trust to support long-term savings by common Zimbabweans and significantly advance financial inclusion
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