During the second week of the highly contested elections in Zimbabwe, the Zimbabwe dollar experienced a depreciation of 1% on the willing buyer willing seller interbank market. Although this depreciat

Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

The dollar has dipped to 105 from 104 last week with the highest being achieved in July at 99.9 as investors adopted a cautious approach while awaiting important U.S. inflation data. The upcoming rele

The Zimbabwe dollar experienced a depreciation today, marking the second consecutive week of decline against the US dollar. This follows the contentious election, which has heightened concerns about i

CBZ Holdings and First Mutual Holdings Limited have entered into a merger, with CBZ acquiring a 36% stake in FMHL. This merger marks a significant milestone between the bank and insurance company, as

The South African rand has undergone a substantial decline, breaking the 19 mark and reaching its lowest level in almost three months, at US$19.2. This decline in the South African rand occurs concurr

Zimplats Holdings Limited, a key player in the platinum group metals (PGMs) industry, has witnessed a notable 7% increase in mined volumes, despite experiencing a decline in profitability caused by vo

ZIDA has introduced a match-making mining platform that holds immense potential for mining claim holders in Zimbabwe. Known as the ZIDA Mining Claims Matchmaking Platform, this innovative solution aim

B Bank Group, a leading financial institution doubled its total income in the first half of 2023, increasing by 796% to ZWL917.284 billion compared to ZWL102.407 billion in the same period last year.

NMB Holdings Limited has emphasised its strategic reliance on digitalisation initiatives aimed at achieving cost reductions and operational efficiencies. This focus was highlighted in the company's h

FBC Holdings Limited, a diversified group listed on the Zimbabwe Stock Exchange (ZSE), has achieved an impressive profit after tax (PAT) of ZWL366 billion for the half-year period ended June 30, 2023.

Border Timbers Limited shareholders have approved an acquisition offer put forth by Cicada Plantations Zimbabwe (Private) Limited according to a circular released by the company today following the E

In its ongoing efforts to bolster liquidity, facilitate price discovery, and align with international best practices, the Zimbabwe Stock Exchange Limited (ZSE) has announced operational changes effect

Turnall Holdings Limited has successfully generated ZWL36.947 billion through its rights offer, which the company sees as crucial for improving its financial situation. In a trading update released o

Zimbabwe's trade deficit expanded to a three-digit figure in July 2023, marking a significant increase compared to the two-digit deficit recorded in June 2023. The total value of exports in July 2023

(Cable African Cables), a prominent cable manufacturer listed on the Zimbabwe Stock Exchange (ZSE), has witnessed a significant 16% increase in its export volumes despite a dip in local volumes. Durin

Zimbabwe experienced negative month-on-month inflation for the second consecutive month in August, although there was an increase of 9.1 percentage points. According to the latest data from the count

Border Timbers Limited, a prominent company in the timber industry, announced that their Extraordinary General Meeting (EGM) held on 18th August 2023 had been adjourned. The adjournment was necessary

Truworths Limited, a prominent retail company in Zimbabwe, has successfully concluded its highly anticipated Rights Offer, which closed on August 9, 2023. The results of the offer have been announced,

The mining company, Bindura Nickel Corporation, has experienced growth in ore mined during the first quarter ended June 2023.  However, the company also faced challenges due to the deterioration of t