In an unprecedented yet expected move, the Southern African Development Community (SADC) observer mission has criticised Zimbabwe’s local government, national assembly and presidential election, sayin
Aug 25, 2023
Zimbabwe experienced negative month-on-month inflation for the second consecutive month in August, although there was an increase of 9.1 percentage points. According to the latest data from the count
In a Trading Update for the 3rd quarter ended 30 June, 2023, ARTD recorded a 54% growth in inflation adjusted revenue to ZWL75.2 billion. The growth was attributed to inflation pricing, which counter
Harare - Hippo Valley Estates Limited, a sugarcane grower and sugar producer, recently unveiled its trading update for the first fiscal quarter ended June 30, 2023. The company's financials reveal
As the elections period draws closer, the Zimbabwe dollar has encountered its third consecutive session of losses against the US dollar. On the latest wholesale RBZ-governed auction market, the curre
Econet Wireless Zimbabwe Limited announced the appointment of Tatenda Alice Ngowe to the position of Group Company Secretary with effect from 01 August 2023. Tatenda has been a part of the Econet Grou
After an extended period of approximately 15 months, during which the Republic of Zimbabwe assumed a shrouded veil of neutrality which the global community might now say deceptive in response to Russi
The Board of Directors of African Sun Limited announced the appointment of Lloyd Mhishi as the Lead Independent Director, effective 1 August 2023. Lloyd was appointed to the African Sun Board on 1 May
ZMX is gradually gaining traction among farmers and traders As of August 2, 2023, 185 tonnes were traded at US$315 per tonne Soybeans was introduced this week, with 4,000 tonnes auctioned at US$480 pe
Nedbank Zimbabwe becomes the first AMEX Acquirer in Zimbabwe 40% of tourists to Zimbabwe carry American Express cards Amex Card Holders spend three times more than non-cardmembers Harare - Nedbank Zi
Tigere REIT, a leading real estate investment trust in Zimbabwe, recently released its half-year results for the period ending 30th June 2023. These results offer a fascinating insight into the compan
The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr
On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement
A cohort of European Union (EU) Election Observers arrived in Zimbabwe to oversee the much-anticipated elections scheduled for the 234rd of August this year. This will be the second election under the
Padenga Holdings Limited announced that an Extraordinary General Meeting (EGM) of its members will be held at 1000 Hours on Wednesday, 16 August 2023, at the Royal Harare Golf Club, situated at 5th St
The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,
Delta Corporation Limited, the leading beverage company listed on the Zimbabwe Stock Exchange, has announced a $71 million investment aimed at boosting its production efficiency and profitability. Giv
Rebounded to a ZWL15.8 billion profit against a prior year loss of ZWL2.2 billion. Inflation-adjusted revenue soaring 56% to ZWL42.7 billion Maize seed sales volumes increased 12% while soyabean volum
Revenue growth of 17% to US$103.5 million, underpinned by a 20% increase in maize seed sales volumes Gross profit edged up 15% to US$46 million, as the company strived to minimise input cost pressures
