Zimbabwe

Zimbabwe

New dates for Tanganda’s ZSE listing out

Harare - Listed diversified group, Meikles Limited has reviewed that it expects to list Tanganda Tea Company separately on the Zimbabwe Stock Exchange (ZSE) between the first and third of February th

Nov 11, 2022
Zimbabwe
ZERA reviews fuel prices upwards again

Harare - The Zimbabwe Energy Regulatory Authority (ZERA) has increased the prices of both diesel and petrol by between 1% and 6% in both local and foreign currency.

 Nov 11, 2022
Zimbabwe
ZIMCODD commends NDS 1 strides on digital economy for 2021 targets as government strikes positive

Zimbabwe Coalition on Debt and Development (ZIMCODD) says the National Development Strategy1 (NDS1) performed fairly well on the key priority area five which focuses on the promotion of a digital econ

 Nov 11, 2022
Zimbabwe
RTG to capitalise on e-commerce as it inks key developmental projects

Zimbabwe Stock Exchange (ZSE) listed hospitality group, Rainbow Tourism Group (RTG) says it will continue to capitalise business operations online to realise growth amid huge setbacks from the COVID-

 Nov 11, 2022
Zimbabwe
ZSE extend losses, sees worst out-turn since April

Harare – The Zimbabwe Stock Exchange fell on Wednesday, extending losses reported on Tuesday on lingering investor concern following US$1 billion Special Drawing Rights granted by IMF which government

 Nov 11, 2022
Zimbabwe
Africa introduce ways to curb Russia-Ukraine war effects

Faced with supply chain challenges which are threatening the continent’s food security, Africa has come up with ways to deal with the Russia-Ukraine war shocks which include turning to cheaper wheat a

 Nov 11, 2022
Zimbabwe
Innscor persists a colourful run as hedge seeking continues to drive stocks demand on ZSE

Harare - The diversified foods manufacturer, Innscor Africa continued an upward trend last week Friday to close the session with straight 12 gains on adding 18.17% to settle at $179.7207 as ZSE closed

 Nov 11, 2022
Lifeline to African Airlines on course but fuel costs remain a concern

Amid a busload of headwinds in the locality and the international space, the African Airlines have recorded an improved performance to reach March 2019 pre-COVID-19 performance.

Nov 11, 2022
NDS 1 misses transport, infrastructure and utilities goal for 2021

The government of Zimbabwe has once again missed the 2021 National Development Strategy 1 (NDS1) targets set for transport and infrastructure development. Gazetted in 2021 January, the NDS 1 was optim

Nov 11, 2022
National Tyre Services reports 163% volumes growth in Q1 FY’2022

Harare - Despite the restrictions posed on inter-city and cross border bus movement which is a key market segment for tyre business, as the government tried to contain the spread of coronavirus (COVID

Nov 11, 2022
Life Assurance unit bolsters Fidelity Life core revenue growth to 121%

Listed financial services company, Fidelity Life posted a 121% core revenue growth of ZWL1 121.4 million for the nine months ended 30 September 2021 from ZWL506.8 million recorded during the same peri

Nov 11, 2022

Africa replaces Russia as Italy’s main gas supplier

In February 2022, Russia waged an imperialistic war against Ukraine. The war has seen the commodities world going in shambles as global supply chains were disrupted. The war also saw brewing of soar r

Nov 11, 2022

COP27; Zimbabwe’s entry into the global economy.

The Zimbabwean delegation has returned to the UN Climate Change Conference. The 2022 COP27 held in Sharp El Sheikh Egypt, shows the nation’s concerted efforts to agree on policies to limit global temp

Nov 08, 2022

ZimSat-1: Zimbabwe’s first Satellite

The delayed lift-off of the Cygnus spacecraft is finally a go. The flight which was delayed due to a fire alarm at NASA’s Wallops Flight Facility in Virginia, US Spaceport had on board Zimbabwe’s firs

Nov 07, 2022

Farmers look to restore Zimbabwe to its former glory.

ZIMSTAT’s latest publication has revealed a shrinking maize import bill, paring 81% compared to the 2021 import bill. The significantly lower recorded import bill proves that Zimbabwe has done justice

Nov 04, 2022

Telecoms grapple under the economic downturn

HARARE – The telecoms market is not insulated against the weakening economic situation. The recent Q2 2021 report by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) shows t

Oct 12, 2021