Simbisa Brands released their trading update for the third quarter ended 31 March 2023, demonstrating the group’s resilience in the face of significant economic headwinds. The fast-food giant reported

As we eagerly anticipate the synchronisation of Hwange Unit 8 tomorrow, which will augment the combined output from Unit 7 and 8 to 600 megawatts, the Kariba Hydro-Power Station has exponentially incr

As we eagerly anticipate the synchronisation of Hwange Unit 8 tomorrow, which will augment the combined output from Unit 7 and 8 to 600 megawatts, the Kariba Hydro-Power Station has exponentially incr

Delta Corporation announced sparkling results, overcoming macroeconomic headwinds in Zimbabwe and supply chain constraints to post a 12% increase in beverage volume. Lager beer volume in Zimbabwe swel

Zimplow Holdings Limited, which is set to list on the Victoria Falls Stock Exchange (VFEX) after announcing its intention to delist from the Zimbabwe Stock Exchange (ZSE), weathered a turbulent year i

GetBucks Microfinance Bank’s net interest income increased by 62% from ZWL220 million in 2021 to ZWL399 million in 2022. This shows that the bank's lending activities grew significantly during the yea

The decades-long civil war in Sudan has been exacerbated by geopolitical rivalries between the West, led by the United States, and Russia. The US has traditionally backed the southern, Christian rebe

The Zimbabwe International Trade Fair (ZITF) is one of the largest intra-regional trade fairs south of the Sahara and a major opportunity for local businesses to boost trade, connect with new partners

The diversified agricultural conglomerate, CFI Holdings Ltd, has allegedly failed to allot residential plots nearly a decade after marketing them to prospective homeowners for its Suncrest Park develo

ZB Financial Holdings delivered an astounding performance in 2022, registering a monumental upswing across its banking and insurance operations on the back of propitious macroeconomic conditions and t

Zimbabwe continues to grapple with a protracted electricity crisis, which poses a considerable operational risk to numerous enterprises within the nation. Consequently, these companies find themselves

In recent remarks, French President Emmanuel Macron emphasized Europe's stance on non-involvement in the escalating conflict between the United States and China over Taiwan. The situation has been gro

Zimbabwe's mining sector achieved a strong eight percent growth in 2022, with production increases across the sector. This has driven significant growth for General Beltings (GB), the country's sole m

Mashonaland Holdings, a distinguished real estate investment and development firm, has witnessed a remarkable 308% Compounded Annual Growth Rate (CAGR) in revenue from FY'18 to FY'22. In the financial

Despite the challenging economic landscape, Stanbic Bank thrived in the 2022 financial year posting a profit of $49.9 billion in inflation-adjusted terms, up by 180% from $17.8 billion the prior year.

Hwange Unit 7 power output first achieved full capacity of 335Mw at 09:27, 30th March 2023. Since that time, the combined output of all the power plants has exceeded 950Mw. Last week, the Kariba South

Willdale Expects Improved Electricity Supply to Resuscitate Sale VolumesThe demand for bricks for housing development and various infrastructural projects remains high. A sustainable financing model f

First Capital Bank’s non-funded income dominated revenue generation for the firm in the 2022 financial year as the bank posted real growth in terms of non-funded income by 44% with the non-funded to t

TSL Limited, a tobacco merchant, and agro-industrial focused group increased its revenue by 106% in inflation-adjusted terms during the first quarter ended 31 January 2023 against the prior period. Th

Harare - FIRST Capital Bank Limited has announced plans to delist from the Zimbabwe Stock Exchange with the intention to list at the Victoria Falls Stock Exchange (VFEX). The recent removal of the 100