The diversified retailer listed on the US dollar denominated bourse Victoria Falls Stock Exchange, Axia Corporation Limited has succumbed to delayed disbursement of foreign currency on the auction ma
Mar 20, 2023
The diversified mining corporate, a parent company to Mimosa mine in Zimbabwe Sibanye Stillwater’s 2023 PGMS production in Montana will halt for four weeks after the western mine succumbed to a machin
Diversified mining company, Sibanye Stillwater recorded its first profit downturn post-COVID-19 pandemic era during the full year to December 2022 mainly due to industrial action over better remunera
Mar 16, 2023
The embattled local currency has extended its year-to-date losses by 85.3% making it one of the worst-performing currencies in the region. The Zimbabwe dollar plunged to 912.5828 against the greenback
Mar 15, 2023
The parastatal body responsible for issuing national identity cards and bird certificates, the Civil Registry Department (CRD) has partnered with the Zimbabwe Electoral Commission (ZEC) in a mobile re
Mar 13, 2023
The electoral body, Zimbabwe Electoral Commission, has announced 12 March to 21 March as the final registration days for people to participate in the upcoming harmonised elections. Zimbabwe is one of
Mar 09, 2023
Embattled local currency, the Zimbabwe dollar has depreciated by 2% on the latest RBZ-governed Auction Market held on the 7th of March 2023, the Zimbabwe dollar tumbled by 2%, edging closer to US$1: Z
Mar 08, 2023
Diversified mining outfit, Sibanye Stillwater, a parent company to Mimosa Mine in Zimbabwe has reported narrowed earnings for the full-year ended 31 December 2022 amid a confluence of calamities durin
Mar 06, 2023
Voters from Africa’s most populous country and biggest economy, Nigeria cast their votes on the 25th of February 2023 to elect lawmakers (parliamentarians) and Head of State (President), in a tight ra
Mar 02, 2023
Embattled local currency, the Zimbabwe dollar has widened Year-To-Date (YTD) losses by 25% on the latest Auction Market held on the 28th of February 2023, losing a quarter of its value within a period
Mar 01, 2023
It is in everyone’s interest to live a legacy that people and the world remember you for, especially for the nations in the global spotlight like Zimbabwe, Nigeria and South Africa. The list is howev
Feb 27, 2023
Following the gazetting of the final delimitation report on the 20th of February 2023, President Mnangagwa revealed that he will soon announce the date of the elections for the 2023 harmonised electio
Feb 23, 2023
The local unit continues to lose ground against the US dollar despite government talking a rhetoric of stability. The cumulative year to date (YTD) losses have breached the 20% mark after shedding by
Mimosa mine’s parent company, a multinational mining and metals processing Group, Sibanye Stillwater has slashed its full-year 2022’s profit guidance due to industrial action, floods that stalled prod
Feb 22, 2023
Sugar producer, Star Africa Corporation has reviewed that the refinery at Goldstar Sugars resumed operations on Sunday 19th of January 2023 in a circular posted by the Group today. In a circular dat
Ailing power utility, ESKOM has recommenced Stage 6 load-shedding from Stage 4 as power supply by the state-run parastatal remains clouded, Eskom’s Chief Executive Officer (CEO), Andre Oberholzer reve
Feb 20, 2023
Diversified ZSE-listed outfit, Meikles Limited Zimbabwe remains optimistic about future growth prospects after displaying commendable revenue growth and hospitality performance for the third quarter e
Feb 16, 2023
ZSE-listed manufacturer and marketer of packaging products, Nampak Zimbabwe Limited has experienced a rolling 12-hour load-shedding at Megapak while CMB had no electricity supply since 18 December 202
Feb 15, 2023
Under-fired currency, the Zimbabwe dollar has widened year-to-date losses by 18% since the Foreign Exchange Auction Market commenced ON THE 10th of January 2023. On the latest Auction Market held on t
Embattled war-ton North-eastern African country, South Sudan has banned the use of the American dollar (USD) and directed all transactions to be carried in local currency to bolster the South Sudanese
Feb 14, 2023
TSL Limited has achieved a commendable performance in the third quarter ended 31 July 2024, with group revenue rising by 13% year-over-year. This growth was largely driven by increased volumes in the
Zimbabwe's electricity prospects have taken a hit as Hwange Units 7 and 8 undergo Class C maintenance, a statutory requirement that will take 600 megawatts off the national grid. This is a substantia
Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due
South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass
Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s
The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the
On 10 September 2024, Zimbabwe's telecommunications regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), announced the licensing of Starlink within the country. In
Mashonaland Holdings Limited, a leading property development company’s flagship Pomona Commercial Centre project is now 65% complete according to the company’s financial results for the six months to