imbabwe took a bold step on April 5th, 2024, by introducing a new currency called ZiG, which stands for Zimbabwe Gold. In a similar manner to the previous Bond Notes issued by John Panonetsa Mangudya,
Apr 09, 2024
The Zimbabwe Stock Exchange (ZSE) Limited Depository announced a change in functional currency on the ZSE, which will be implemented effective 08 April 2024 in light of the new structured currency (Zi
TOAZ casts doubt on the suitability of low-earth-orbit (LEO) satellite systems, popularized by firms like Starlink, as a broad solution for Zimbabwe. The association says high costs are likely to lim
FBC Holdings, a prominent blue-chip company listed on the Zimbabwe Stock Exchange (ZSE), has reported a total income of ZWL1.3 trillion, representing a substantial 138% increase from ZWL533 billion in
Fidelity announced that, after being deliberations with the Zimbabwe Stock Exchange (ZSE), the Financial Statements for the year ended 31 December 2023 will be published on or before the 30th of April
The Zimbabwe Stock Exchange (ZSE) announced the trade halt of Truworths Limited shares on the bourse effective 07 March 2024 after the Company applied for voluntary suspension of its securities from t
Amplats Harare- Zimbabwe has achieved a remarkable milestone in its platinum production, with quarterly output reaching an unprecedented high of 133,000 ounces (koz), representing an estimated 8% yea
Truworths Zimbabwe Limited published the set of financial results for its full-year ended 09 July 2023 almost 8-months later on the 1st of March 2024. The results reflected a sharp decline in volumes
AB InBev, the leading global brewer, has experienced significant expansion in its operations in South Africa and Africa. This growth can be attributed to the company's strategic focus on capturing mar
In response to the inflationary challenges, it is expected that the Reserve Bank of Zimbabwe (RBZ) will continue to implement strict monetary policies aimed at achieving stable inflation. These polici
Bridgefort Capital Limited issued a Cautionary Statement on the 1st of March 2024, announcing that the company is in the later stages of concluding the acquisition of Diaspora Kapita (Proprietary) Lim
On the 28th of February, 2024, the Zimbabwe National Roads Administration (ZINARA) held a press conference for an operational review of the full-year 2023 to 31 December 2023. The parastatal alluded t
The question which keeps on banging in investors’ ears and the rest of shareholders is when will BNC revert to its previous years of production triumph. The production loss endured by the company list
Glenara Estates, another subsidiary of CFI Holdings Limited, witnessed an impressive doubling of its potato harvest during the quarter. The harvest yielded 2,989 tonnes, compared to 1,468 tonnes in th
TN Asset Management (Pvt) Ltd as the Portfolio Manager, along with the trustees of the Morgan & Co Multi-Sector (MCMS) ETF, declared a dividend of 0.0437 US$ cents per unit payable in respect of the q
Zimbabwe Investment and Development Agency (ZIDA) has launched an Investor Do-It-Yourself (DIY) electronic portal in a bid to improve the ease of doing business in Zimbabwe, the Chief Executive Office
In a Trading Update for the third quarter ended 31 December 2023, OK Zimbabwe Limited alluded that its overall trading volumes dwindled by a staggering -28% against corresponding period in the prior y
Amalgamated Regional Trading Holdings Limited (ART), recorded an overall volumes slump of 9% due to worsening economic headwinds which impacted raw material availability, higher operating costs and li
Tanganda Tea Company announced that it will hold its 94th Annual General Meeting (AGM) at 0900 Hours on Thursday, 7 March 2024, at the Country Club, 1 Brompton Close, Newlands, Harare. The Company als
