Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing
Feb 06, 2024
Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las
In concluding, the FIU said it has directed financial institutions to unfreeze all accounts and other financial assets that had been frozen pursuant to the directive of March 31, 2023. The unfreezing
May 16, 2023
The global economy is experiencing massive growth in debt exacerbated by the COVID-19 pandemic which had forced countries to borrow to boost their reserves and bring some form of economic resilience.
Dec 16, 2022
Chipo Mtasa steps down as CEO of parastatal telecommunications company, Telone, at the end of the year after serving her full 2 terms stretching between 2013 and 2022. Her legacy will be mixed dependi
Dec 12, 2022
Retail sector contribution to GDP highest across sectorsAgriculture sector contribution diminishes to below 10%Manufact...
Oct 20, 2021
HARARE – Mealie Brand, a division of diversified construction, infrastructure and agricultural equipment manufacturer a...
Oct 11, 2021
HARARE – Zimbabwe’s Central Bank through the Financial Intelligence Unit (FIU) has opened investigations into allegatio...
Oct 07, 2021
Gold production for the six months to 30 June 2021 fell by 4% to 564kgLoss for the period widened to ZW$1.5b from prior...
Oct 04, 2021
Silver prices tumbled to the lowest point in over a year as pressure on precious metals continues to stretch amidst a s...
Sep 30, 2021
Johannesburg – Platinum group metals (PGMs) and chrome mining giant, Tharisa announced t...
Sep 29, 2021
September annual inflation stood at 51.55 percent from 50.24 percent in AugustMoM inflation rate maintained upward tren...
Sep 28, 2021
Swings from a BWP 370.6m loss in 2020 to BWP 59.6m in fiscal year 2021Revenue from rest of Africa operations increased...
Sep 22, 2021
Key Highlights: Total income declined from ZW$4.128 billion to ZW$2.897 billionAttributed to a 67% decrease in fair...
Sep 17, 2021
Key Highlights: Profit after tax increased by 15% to ZW$292.0 millionInclement weather in first quarter slowed produ...
Download the 2021 annual report for Bindura Nickel Corporation here
Sep 14, 2021
HARARE – That Zimbabwe relies heavily on imports of most of its raw materials for industrial productivity is a well-kno...
Sep 13, 2021
HARARE – Platinum price fell further in early Monday trades to reach US$944 per ounce as the on-demand metal continues...
Key Highlights: Recorded ZW$5.8 million lossOperating expenditures grew to ZW$98.8 millionNet interest income increa...
Sep 08, 2021
Key objectives include localising the funding of tobaccoSeeks to raise tobacco production from 262 million kgs to 300 m...
Zimbabwe's gold deliveries declined by 17.7% month-on-month in February 2024, falling to 2.56 tonnes from 3.1 tonnes in January. This marks the lowest monthly output in over six months since June 2024
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for March, effective 4 March 2025, from February's prices in US dollar terms. Diesel prices went down by 3% from US$1.58 in
he European Investment Bank (EIB Global), in partnership with Stanbic Bank Zimbabwe, has unveiled a €20 million ($21 million) credit facility aimed at bolstering Zimbabwean small and medium enterprise
Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf in 2025. Under the nation's dual-currency set
TSL Limited, a diversified Zimbabwe Stock Exchange-listed company, experienced a sharp 55% decline in profit after tax from continuing operations, falling to US$3.62 million for the fiscal year ended
Ariston Holdings, a Zimbabwean agribusiness, has strategically reoriented its revenue focus from export markets to domestic sales in response to rising operational costs and restrictive export policie
The electricity generation at the Kariba Hydroelectric Power Plant has more than tripled on the 4th of March to 485 megawatts (MW) , marking a nine-month record high since June 2024. This has increas
Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO), Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of
