Cigarette maker and distributor, British-American Tobacco (BAT), has reported a half-year loss for the period ended 30 June 2023. This loss is particularly significant as it has doubled from the previ

Africa Sun Limited (ASUN), a hotelier listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss of US$1.8 million for the half-year period ended 30 June 2023. This was primarily attributed to t

pologies for the error. Dairibord Zimbabwe Limited, the largest dairy products processor listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL4 billion for the six months e

The Reserve Bank of Zimbabwe has maintained the bank policy rate at 150% according to the resolutions of the latest monetary policy committee held on September 26th, 2023. This decision comes even tho

On the latest RBZ-governed auction market held on September 26, 2023, the Zimbabwe dollar experienced a weakening, reaching ZWL5252.6558. This depreciation further reinforces the losses from the previ

Unifreight Africa Limited, a transportation and logistics company, has reported a half-year loss for the period of six months ended 30 June 2023, as stated in the latest financial results of the Group

Zimbabwe's daily electricity generation dipped to 1556 megawatts from the previous day's record of 1681 megawatts, as reported by the Zimbabwe Power Company in its latest data release. Hwange Power S

Padenga Holdings Limited, a diversified company listed on the Zimbabwe Stock Exchange, reported an increase in its gold and crocodile volumes output during the six months that ended on June 30, 2023.

The South African Rand opened the week on a weaker note against the US dollar, despite the continued imposition of high interest rates. The currency was trading at 18.9 against the US dollar, approach

Zimbabwe's electricity generation reached its highest output on September 25th, as reported by the Zimbabwe Power Company.  This is the highest outturn in three months. A total of 1681 megawatts was

The global sugar industry is currently grappling with adverse El Nino weather conditions, leading to a substantial projected deficit in major producing countries such as Europe, China, India, Thailand

Cottco Holdings Limited has announced in its trading update for the year ending August 31, 2023, that the government is edging closer to obtaining an additional controlling stake in the company. Prese

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), invested ZWL445.8 million in enhancing the quality of i

Proplastics Limited Zimbabwe has set its sights on installing a significant solar generation project. The main objectives of this endeavour are to increase the availability of power supply, reduce ope

CBZ Holdings Limited has achieved a substantial total income of ZWL1.2 trillion during the six months to June 2023, a significant leap from ZWL448.6 million in the same period of the previous year des

PPC Limited has reported a 3% growth in sales volumes for the five months leading up to August 31, 2023, as stated in the company's latest trading update. This positive performance was primarily drive

The Zimbabwe dollar experienced its most significant decline, not only after the disputed election but since the start of July, indicating a rise in the injection of Zimbabwe dollar liquidity into the

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener

TSL Limited, an agricultural and logistics Group listed on the Zimbabwe Stock Exchange (ZSE), has achieved a strong performance in the third quarter ended 31 July 2023. Both the volumes handled and pr

Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), has experienced a record-breaking surge in profit after tax during the first half