HARARE – Leading supermarket retailer covering groceries, basic clothing and textiles and houseware products, OK Zimbab...
1 year ago
Key Highlights Revenue up 68.5% to ZW$6.9 billionAttributed to significant volume growth in the Dry Mortars business...
Key Highlights Revenue down 3% to R14 918 million (2020: R15 382 million)Headline loss per share of 822 cents (2020:...
HARARE – Econet Wireless Zimbabwe Limited, the country’s largest provider of telecommunications services and a leading...
HARARE – As the country is in the grip of another resurgence of COVID-19 fueled by the Delta variant, the vaccination s...
THE economic interactions of global superpowers, like the U.S, are having an expected effect on the commodities market....
HARARE – Tobacco sales reached US$507.3 million on day 64, up 29.77 percent ahead of US$390.9 million recorded in the s...
Key Highlights Record quarterly chrome concentrate output and increased PGM production supported by stronger pricing...
HARARE – The Zimbabwe Stock Exchange (ZSE) is set to launch its own Central Securities Depository (CSD), making it the...
Key Highlights Operating profit declined by 2% to ZWL878.3 millionPAT tumbled to ZWL373.3 million from ZWL 3.5 billi...
HARARE – The Reserve Bank of Zimbabwe (RBZ) is injecting new ZWL50 notes into circulation today, Wednesday, 7 July 2021...
HARARE – Africa’s leading credit rating agency, GCR Rating (GCR) has affirmed Stanbic Bank Zimbabwe’s top-class rating...
Key Highlights Record production of approximately 16,710 ounces2021 half-year production up 7.8% compared to first h...
HARARE – Crocodile skins and meat producer with interests in gold mining, Padenga Holdings Limited is all but confirmed...
Financial Highlights Revenue grew by 8% to ZWL554 millionGross profit improved by 93% to ZWL249 millionOperating exp...
Financial Highlights Revenue up 20% to ZWL466.2 millionOperating profit up 108% to ZWL171 millionAfter tax profit ta...
Financial Highlights Total income declined by 9% to ZW$3.323bnNet profit after taxation of ZW$1.065bn tumbled by 45%...
Key Financial Highlights Revenue increased by 79.8% to ZWL3.56 billionProfit after tax up 20% to ZWL73.6 millionInte...
Key Highlights Exports up 122% YoYImports up 118% YoYGold exports at US$103.3 million surpassed nickel mattesExports...
Key Highlights Inflation is now expected to be below 25% by December 2021, up from a previous forecast of below 10%M...
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
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