In February 2022, Russia waged an imperialistic war against Ukraine. The war has seen the commodities world going in shambles as global supply chains were disrupted. The war also saw brewing of soar r
Nov 11, 2022
· Borders re-opened to allow for the importation of basic...
Nov 01, 2021
Total gross revenue grew to ZWL117.16bNet revenue plummeted by 33.22% in real growth terms, surpassing target by 17.41%...
Oct 29, 2021
Production down by 80%Sales declined by 65%However, demand remained high both in local and foreign markets Harare -...
Meikles share price edged 2.42%However, the local bourse closed in red at 11,32.48 pointsZSE dipped 1.13% as profit-tak...
Nampak share rose by 8.29% while FML by 8% on trading 1 400 sharesThe bourse edged mild 0.03% gains to 11.459.10 points...
Oct 28, 2021
Amidst an economic meltdown, the government of Zimbabwe over the weekend announced new measures for the re-opening of
Oct 27, 2021
Flour mill to be commissioned in Bulawayo while Cereal plant in HarareThe Group registered 24% overall volumes growthGr...
Share price declines 14.48%Roof top accident at plant preceded the fallZSE halts bull runHarare - Cement maker, Lafarge...
Oct 26, 2021
Borrowings surged by 30% in Q3 ended 30 September 2021Delays in forex disbursement contributed to the rising debtBorrow...
Oct 22, 2021
Accident occurred on 11 October 2021Neither fatalities nor injuries were incurredHowever, the incident may impact negat...
Of this, US$1.5m was invested in UHTSales volumes up 78%Revenue grew by 67% compared to 2020 same periodWith year to da...
Oct 21, 2021
Buttressed prior session gains to $45.2526Gains spun across all indicesZSE registered a record 3.58%Year-to-date return...
The counter dropped by 20%To emerge as the worst performerHowever, ZSE extended its positive streakSetting new record h...
Oct 20, 2021
The bourse gained 205.54 pointsAxia rallied 11.7%Blue-chips continued dominating the risersHowever, mining index closed...
Oct 19, 2021
The local bourse increased by 411.89 pointsTo close at a record high of 10,596.85 pointsGains were recorded across all...
Oct 18, 2021
Results to be out on or before 11 November 2021ZSE granted permission for the delayPenalties are given to companies tha...
Oct 13, 2021
Local bourse increased by 294.4 pointsYear to date gains at 278.55%BAT emerged as the top performer on surging 20% H...
Revenue increased to ZWL3.03 billion from ZWL2.19 millionCoal production scaled up by 51%However, PAT decreased by 87%R...
Oct 11, 2021
The bourse eased marginal 6.54 pointsAxia, FMP emerged worst performersPenny stocks closed on firmer noteSeptember clos...
Oct 01, 2021
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold
Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab
Tanganda Tea, a company listed on the Zimbabwe Stock Exchange, has partnered with Global Trade-Link BV, a consultancy from the Netherlands, to open an avocado oil extraction plant at its Tingamira Est
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
