eikles Limited, a prominent diversified retailer in Zimbabwe with interests in both the retail and hospitality sectors, experienced a significant decline in profitability during the half-year period e
Dec 04, 2023
RioZim's gold production for the cumulative nine months leading up to the full year of 2023 has surged to 724 kilograms, surpassing the previous year's performance. This nine-month achievement follow
Invictus Energy Limited made an announcement on November 20, 2023, revealing the presence of hydrocarbon reservoirs, including natural gas and oil, at their secondary drilling site, Mukuyu 2. However,
After experiencing a significant loss of US$1.8 million in the first half of 2023, African Sun, the leading hotel group listed on the Victoria Falls Stock Exchange, has shown improvement in its perfor
Zimplow, a company listed on the Victoria Falls Stock Exchange (VFEX), is making significant progress towards acquiring the equity ownership of Barzem, a company currently under the ownership of Barlo
Delta's Revenue soared by 164% to ZWL1.9 trillion in HY'24 Nyathi Beer opaque beer production at 30 000 hectolitres against Delta's 350 000 hectolitres Innscor possesses the firepower to rival Delta's
NMBZ Holdings Limited announced the retirement of Mr. Benedict Chikwanha from the Board with effect from 31 December, 2023, after having served ten years on the board, nine of which he served as Board
The diversified VFEX listed company, Padenga Holdings Limited, has achieved a gold output of over 1,500 kilograms during the cumulative nine months leading up to September 2023. This surpasses the out
Turnall Holdings Limited, a tiles manufacturer, reported a 7% decline in sales volumes for the third quarter ending on September 30, 2023. The sales volumes decreased from 9,132 tonnes to 8,526 tonnes
Dairibord Holdings Limited, a milk processor listed on the Zimbabwe Stock Exchange (ZSE), has reported that 93% of its sales for the quarter ended 30 September 2023 were denominated in US Dollars. Cum
Delta Corporation, the dominating force in the beverage industry, has achieved a remarkable milestone by surpassing the historic ZWL1 trillion revenue mark during the half year to full year 2024. Thi
EcoCash Holdings Zimbabwe, has announced its return to profitability for the half-year ended 31 August 2023, marking the first half-year profit since 2019. This is also the first time the Group’s reve
OK Zimbabwe Limited held its 22nd Annual General Meeting on the 2nd of November, 2023, where all the raised resolutions were passed. These notably include the confirmation of the payment of a final di
In October 2023, Sibanye-Stillwater, a multinational mining company, implemented a restructuring process aimed at reducing costs, which could potentially lead to the loss of over 4,000 jobs and the cl
African Distillers, a manufacturer of spirits and wines listed on the Zimbabwe dollar denominated exchange ZSE, maintained a steady growth rate of 11% in its volumes after achieving the same growth i
Caledonia Mining Corporation announced that has changed its Nominated Adviser and Joint Broker from Cavendish Securities plc to Cavendish Capital Markets Limited. This follows the completion of the al
As the popular saying goes, a soldier's true worth is often unseen during times of peace within a country. It is only when a devastating attack disrupts the tranquility and threatens human well-being
ZECO, an ailing company listed on the Zimbabwe Stock Exchange and known for its consistent financial losses for over a decade, has underwent a directorate leadership overhaul according to the latest c
Zimplats has committed US$516.8 million in capital projects amid a sluggish PGMs output in the third quarter to September 2023. Zimplats recorded one of the worst output increase averaging 1 to 2% bot
