All business owners have a fear of inflation. They claim that cost increases pose the largest threat to their business. In order to combat this, business owners must raise prices to cover the effects
Feb 28, 2023
In a recent social media post, the Deputy Chief Secretary to the Cabinet of Zimbabwe, George Charamba, made a statement regarding the contribution of diaspora remittances to the country's economy. He
Innscor’s decision to migrate from the ZSE to the VFEX is a significant move that will have far-reaching implications for the company, the ZSE, and the VFEX. In this analysis, we will explore the impl
On the 23rd of February, 2023, the seed producer, SeedCo Ltd, withdraw a Cautionary Announcement made on the 18th of January, 2023. “Accordingly, the cautionary announcement made on January 18, 2023 i
ChatGPT, a small step for generative AI, is still in the very early stage of verifying its industrial value. In the first issue of the Axis this year in the article Farewell Crypto, Hello generative A
According to credible sources, Dr Lance Mambondiani is set to step down as BancABC Managing Director (MB) after being at the helm of the Zimbabwe unit since July 2019. His departure has, however, rais
CFI Holdings is a business conglomerate that has navigated challenging macroeconomic conditions to deliver impressive results for Q1 ending 31 Dec 2022. The group operates in three divisions - Poultry
Following the gazetting of the final delimitation report on the 20th of February 2023, President Mnangagwa revealed that he will soon announce the date of the elections for the 2023 harmonised electio
The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is
Manufacturers in Zimbabwe are reportedly stepping in to relieve the trade deficit that has been accumulating for almost a decade, according to a State of Industry report. Despite a decline in product
The local unit continues to lose ground against the US dollar despite government talking a rhetoric of stability. The cumulative year to date (YTD) losses have breached the 20% mark after shedding by
Declining global prices for wheat pose a challenge to Zimbabwe’s mission to self-sustain. While the country achieved sufficient tonnage to cover its own needs in 2022, the general cost levels per tonn
Capital markets in Zimbabwe are ranked among the most volatile in the world owing to underlying weak economic fundamentals which affect sentiment and investor appetite. Volatile markets are known to y
Zimbabwe Stock Exchange-listed company Ariston Holdings Limited (ARIS.zw) has seen mixed performance across its business units. Its main product categories are tea and macadamia nuts. The third busine
Ailing power utility, ESKOM has recommenced Stage 6 load-shedding from Stage 4 as power supply by the state-run parastatal remains clouded, Eskom’s Chief Executive Officer (CEO), Andre Oberholzer reve
VFEX LISTING (INNSCOR); AGM NOTICES (NAMPAK & BORDER TIMBERS) & TRADING UPDATES (HIPPO; STARAFRICA & MEIKLES). Innscor Africa Limited held an Extraordinary General Meeting on the 15th of February, 20
ZSE-listed sugar maker, Star Africa Corporation’s Goldstar Sugars has incurred nosediving performance for the 3rd quarter ended 31 December 2022 due to recurrent power outages and supply challenges.
The Company suffers a slump in volume performance following a major breakdown that was experienced on a Sub-vertical Rock Winder (“SVR”) at the Trojan Nickel Mine. The SVR is used to hoist material (o
Under-fired currency, the Zimbabwe dollar has widened year-to-date losses by 18% since the Foreign Exchange Auction Market commenced ON THE 10th of January 2023. On the latest Auction Market held on t
