Companies
Zimbabwe Stock Exchange Declares Dividend: A Blend of US Dollars and Zimbabwe Gold
The Zimbabwe Stock Exchange (ZSE) has declared a final dividend from the Company's profits for the full year ended 31 December 2023. This significant development reflects the ZSE's commitment to rewa
Apr 26, 2024
Companies
WestProp's Billion-Dollar Marvels: Pomona City, The Hills set to Reshape the Future
estProp Holdings, a leading real estate company in Zimbabwe, has achieved a significant milestone, surpassing a net profit of over US$50 million for the full year ended 31 December 2023 to US$50.28 mi
Apr 24, 2024
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Companies
Innbucks Microbank Electrifies New Products: Nano Loans, Loyalty Programs, and More
Innbucks Microbank, a prominent microfinance institution, has unveiled its ambitious plans to expand its product offerings and drive growth in the second half of the 2024 financial year. With a strong
Apr 16, 2024
Companies
Innbucks Microbank Faces Profitability Squeeze: Clocks in at ZWL24 Billion in Profits
Harare- Innbucks Microbank, a microfinance bank formed through the merger of Innbucks and Ndoro Microfinance, has experienced a decline in profitability, with its profit after tax decreasing from ZWL2
Apr 15, 2024
Companies
Hwange Coal Mine Achieves Doubling of Coal Output, Plans Temporary Production Halt
Hwange Colliery Company Limited, a coal miner operating under administration, has experienced an impressive nearly twofold increase in its quarterly coal output during the third quarter ended 30 Septe
Apr 10, 2024
Companies
Currency Woes Cause Delays: VFEX Listed Companies Postpone FY Results Publication
The three listed companies on the Victoria Falls Stock Exchange (VFEX) will delay the publication of their results for the year ended 2023 due to currency-related issues. The delay is attributed to on
Apr 10, 2024