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
Feb 15, 2023
As 2023 global growth prospects remain anaemic and the risk of recession in other large economies continues looming due to trade wars between the world's largest economies, USA and China, and geo-poli
In this article, we will analyse the current performance of Amalgamated Regional Trading Limited (“the company, or “ART Corp”) as the base performance at which It will enter the looming recession. The
The real-estate sector in Zimbabwe seemed to have failed to find ground despite a wave of possible recovery in late 2021. The sector was heavily hit by the Covid-19 pandemic in 2020 to early 2021 as o
ZSE-listed outfit, Lafarge Cement Zimbabwe, trading as Khayah Cement will delay the publication of the full-year results for the 12 months ended 31 December 2022 to give external auditors more time.
Zimbabwe’s record bank policy rates, then 200% and now 150% have stunned the sales volumes for OK Zimbabwe during the third quarter ended 31 December 2022 according to the Group’s latest trading updat
Econet Wireless Zimbabwe, the ZSE-listed giant, has released its Q3 trading update with pleasing financial results marking its territory in the digital service provider (DSP) space. T
Zimbabwe Stock Exchange (ZSE)-listed outfit, ART Holdings recorded mixed performance during the first quarter to FY2023 with depressed volumes due to deficiency in raw materials uptake despite an incr
Zimbabwe’s largest distributor and retailer of new tyres and tubes for the automotive industry, National Tyre Services has reported reduced sales volumes in retreading and new tyres for the third quar
The Underfired Zimbabwe dollar has shed by 93% on the Foreign Exchange Auction Market since it commenced in June 2020. The Zimbabwe dollar traded at ZWL831.8147 on the latest auction market held on th
Given the impending recession, Zimbabwe's high inflation rates, and the nation's ongoing electrical issues, we anticipate Bridgefort Capital to keep improving its operating tactics and controlling exp
For Zimbabwe, 2023 is set to be a turbulent year, yet again, as a looming global recession is set to rock developing economies. This compounded by the sheer lack of fiscal and monetary policy coherenc
As drought spells and erratic rainfall seasons continue to haunt Zimbabwe which heavily relies on natural rains for agriculture than irrigation systems, the Zimbabwe Stock Exchange (ZSE)-listed agro-c
Zimbabwe’s interest rates have been slashed to 150% from a global record of 200% according to the latest Monetary Policy Statement released by the Central Bank. This translates to a 50 percentage poin
Amid a polarised political and economic environment which is coupled with an expensive tax regime, fast depreciating currency and scarce US dollar liquidity, the business community has been lamenting
Health realised an 0.9% average price growth driven by the resumption of the school-going calendar as well as the resumption of the work population necessitating that health costs increase to accommod
As rolling power cuts in Zimbabwe fail to find a breather and electricity tariffs have spilled over 40% in United States dollars, Platinum Group Metals miner, Zimplats Holdings Limited says its power
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
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
