China is the largest consumer of tobacco in the world, with more than 300 million smokers according to World Health Organization data. With China re-opening, we expect to see an increase in the demand
Jan 27, 2023
Although the jury is still out and awaiting US CPI data (which is set to be released on Thursday), the net market perception is geared towards an expectation that The Fed will loosen its aggressive st
Jan 09, 2023
Simbisa Brands Limited and its 567 stores have shipped to Victoria Falls Stock Exchange (VFEX) to become the 6th company on the security exchange. The group views the VFEX as a way of targeting foreig
Dec 12, 2022
The results of the 2022 3rd Quarter Business and Economic Intelligence Survey have been published. This exercise was conducted and circulated by the Confederation of Zimbabwe Industries with the aim
Dec 06, 2022
Harare- ZSE-listed company, RioZim Limited saw its production significantly hampered during the quarter due mainly to power supply challenges. Power outages took up to 30% of the available production
Nov 22, 2022
Due to the ongoing impact of hyperinflation on the Zimbabwean economy, the company has to exclude the results of the Zimbabwe business from adjusted headline earnings. The Group headline earnings for
ZSE-listed company First Mutual Properties posted aminimalistic update for the quarter. Many descriptive statistics and financial line items such as cash generated from operations, and financial perfo
Nov 18, 2022
ZSE-listed manufacturing company, ProPlastics Limited (formerly known as Murray & Roberts and Masimba Industries Limited) reported a 10% drop in sales volume across its offering of plastic pipes and r
Nov 15, 2022
14 Countries have expressed clear intentions to join The BRICS. Why Zimbabwe is not on this list has stirred some interest in the local economic community. Given close ties with a majority of the memb
The Zimbabwean delegation has returned to the UN Climate Change Conference. The 2022 COP27 held in Sharp El Sheikh Egypt, shows the nation’s concerted efforts to agree on policies to limit global temp
Nov 08, 2022
The delayed lift-off of the Cygnus spacecraft is finally a go. The flight which was delayed due to a fire alarm at NASA’s Wallops Flight Facility in Virginia, US Spaceport had on board Zimbabwe’s firs
Nov 07, 2022
FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u
African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op
TSL Limited has achieved a commendable performance in the third quarter ended 31 July 2024, with group revenue rising by 13% year-over-year. This growth was largely driven by increased volumes in the
Zimbabwe's electricity prospects have taken a hit as Hwange Units 7 and 8 undergo Class C maintenance, a statutory requirement that will take 600 megawatts off the national grid. This is a substantia
Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due
South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass
Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s
The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the