Bricks maker, listed on the Zimbabwe Stock Exchange (ZSE) Willdale Limited Zimbabwe has posted a net monetary loss of ZWL 562.78 million during the half-year ended 31 March 2023 as currency conundrum

The Zimbabwe Stock Exchange (ZSE)- listed sugar maker, Star Africa Corporation has delayed the publication of full-year results for the 12 months to March 2023 according to a circular released by the

The largest retail outlet in Zimbabwe, OK Zimbabwe Limited, has delayed the publication of its financial statements for the fiscal year ended 31 March 2023 due to the implementation of a new Enterpris

Local Sugar producer, Hippo Valley Estates has experienced a drop in local sales following the government's suspension of duty on sugar imports according to the Company’s financial results for the ful

The Zimbabwean Dollar (ZWL) experienced a significant appreciation of 9% on the Reserve Bank of Zimbabwe (RBZ)-governed Foreign Exchange Auction Market, marking its first notable gain since the reintr

Zimbabwe’s year-on-year inflation jumped to 175.8% in June, up from 86.5% in May, a record 89.3 percentage points rise while month on month soared to 74.5% from 15.7% last month according to the lates

The Zimbabwe Stock Exchange (ZSE) has revised its minimum transaction thresholds for ZSE Direct due to the persistent currency depreciation in the country. The latest depreciation recorded was a doubl

The Zimbabwean government has implemented measures to address the country's ongoing financial crisis, which has resulted in the failure of the Zimbabwean dollar to serve as a reliable store of value a

Seef Developments is contemplating the establishment of a Real Estate Investment Trust (REIT), setting its sights on the prospective Zimbabwean Tourism and Hospitality market, with plans to secure US$

The South African Currency weakened to 18.4 against the greenback on the 22nd of June 2023, down from a one-month high of 18.2 despite a respite from inflationary pressures and a weaker dollar.  The

Plastics products manufacturer and distributor, Proplastics Limited has recorded a surge in US dollar-denominated revenue of 70%, compared to 30% in Zimbabwe dollar terms as the economy continues to s

The Zimbabwe Stock Exchange (ZSE)- listed diversified outfit, Amalgamated Regional Trading Holdings is considering listing on the United States dollar-denominated bourse, Victoria Falls Stock Exchange

The embattled Zimbabwe dollar shed by 14% on the latest Auction Market held on the 20th of June 2023. Though the currency continues to register double digits decline, the latest performance was the b

The South African Rand roared to 18.4 against the greenback on the 19th of May 2023, its highest in over a month. At that performance, the Rand surpassed the Zambian Kwacha, Kenyan Shilling and Nigeri

Following two months of enforcing economic measures to stabilise the local currency with the latest penalties enforced on the 14th of June targeting retailers who surge prices in Zimbabwe dollars, th

The Reserve Bank of Zimbabwe says the Foreign Exchange auction Market has allotted US$4.082 billion to companies since its inception in 2020 to May 2023.  The Foreign Exchange Auction Market was intr

The Grain Millers Association of Zimbabwe (GMAZ) has incurred over US$66 million in exchange losses due to the rapid depreciation of the local currency.  GMAZ accounts for 95% of the national supply

Is Putin giving a diplomatic headache to Ramaphosa, or Ramaphosa is deliberately challenging USA? But at what cost? Harare- South Africa is facing a possible expulsion from the African Growth and Opp

Ciaran McSharry has stepped down as the Managing Director (MD) of First Capital Bank (FCA) according to a circular released by the Bank on the 12th of June 2023. He was the MD since 2020 and held the

The embattled local currency, the Zimbabwe dollar has depreciated by 38% against the greenback, a record low since the currency was reintroduced in 2019. A record depreciation was lastly recorded in