Sugar producer, Hippo Valley Estates witnessed a 10.6% decrease in production to 57,427 during the first quarter ended 30 June 2023. This decline was attributed to delayed deliveries by farmers due to
Aug 16, 2023
Ariston Holdings, a prominent agricultural Group, has successfully concluded a solar project commissioned in July to mitigate the impact of power challenges on production costs and output. The decisio
Econet Wireless Zimbabwe Limited announced the appointment of Tatenda Alice Ngowe to the position of Group Company Secretary with effect from 01 August 2023. Tatenda has been a part of the Econet Grou
In the realm of platinum group metals (PGMs), Zimplats Holding Limited, a distinguished industry frontrunner has reaped benefits involving the commissioning of the third concentrator during the first
Nampak Zimbabwe Limited, a distinguished entity listed on the Zimbabwe Stock Exchange (ZSE), has maintained profitability in the 9 months to June 2023 despite facing power and supply constraints chal
Tanganda Tea Company, a company listed on the Zimbabwe Stock Exchange (ZSE), has faced significant challenges in its production across key categories, attributed to a combination of natural and macro
GetBucks Bank, a prominent financial institution in Zimbabwe, is considering the termination of its listing on the Zimbabwe Stock Exchange (ZSE) as it believes maintaining the listing on the ZSE is p
On the RBZ-governed Auction Market, the Zimbabwean dollar experienced a negative performance, marked by a 0.4% depreciation on August 8th, taking it to two straight sessions of depreciation. The curre
National Tyre Services (NTS) has concluded its fiscal year 2023 with a substantial loss of ZWL577 million, representing a stark reversal from the prior year's profit of ZWL208 million. This significa
The Board of Directors of African Sun Limited announced the appointment of Lloyd Mhishi as the Lead Independent Director, effective 1 August 2023. Lloyd was appointed to the African Sun Board on 1 May
Nedbank Zimbabwe becomes the first AMEX Acquirer in Zimbabwe 40% of tourists to Zimbabwe carry American Express cards Amex Card Holders spend three times more than non-cardmembers Harare - Nedbank Zi
Tigere REIT, a leading real estate investment trust in Zimbabwe, recently released its half-year results for the period ending 30th June 2023. These results offer a fascinating insight into the compan
Tigere, a distinguished ZSE-listed real estate investment trust, is poised to complete its Highland Park Phase 2 undertaking in Q4 2023 indicating another noteworthy milestone in the company's propert
Preeminent retailer, OK Zimbabwe Limited, has once again deferred the announcement of its full year results, which were originally slated to be released on or before 31 March 2023, and were subsequent
Star Africa Corporation, a sugar manufacturer, has announced a further delay in the publication of its full-year financial results. The company has revised its expected publication date from the initi
Padenga Holdings Limited announced that an Extraordinary General Meeting (EGM) of its members will be held at 1000 Hours on Wednesday, 16 August 2023, at the Royal Harare Golf Club, situated at 5th St
Delta Corporation Limited, the leading beverage company listed on the Zimbabwe Stock Exchange, has announced a $71 million investment aimed at boosting its production efficiency and profitability. Giv
Rebounded to a ZWL15.8 billion profit against a prior year loss of ZWL2.2 billion. Inflation-adjusted revenue soaring 56% to ZWL42.7 billion Maize seed sales volumes increased 12% while soyabean volum
Revenue growth of 17% to US$103.5 million, underpinned by a 20% increase in maize seed sales volumes Gross profit edged up 15% to US$46 million, as the company strived to minimise input cost pressures
