Harare – Debt-laden South African retail giant Edcon said it has secured 2.7 billion rand ($191 million) in new cash and...
Mar 04, 2019
By Raynold Mhotseka Harare – Reserve Bank of Zimbabwe Governor, Dr John Mangudya has sensationally defended the Zimbabw...
Harare – Agro-concern Border Timbers (BTL) reported a 16 percent rise in revenue for the six months to December 31, 2019...
Mar 01, 2019
Harare – Dual-listed Caledonia Mining on Thursday announced that, as a result of the revised monetary policy adopted by...
Harare - Impala Platinum Holdings, the parent of Zimplats and Mimosa on Thursday announced a headline profit of R2.23bn...
By Raynold Mhotseka Harare – Listed electrical engineering and retail concern Powerspeed Electrical Ltd plans to expand...
Feb 28, 2019
Harare – ZSE listed deposit taking and fintech microfinance institution, GetBucks recorded $3 million in net profit in t...
Harare – Delta Corporation's anchor shareholder, AB InBev on Thursday reported that its profit attributable to equity ho...
Harare – Government through the Monetary Policy Statement presented last week by the Reserve Bank Governor, Dr John Mang...
Feb 26, 2019
Harare – Sugar producer Tongaat Hulett said on Friday it is expecting to report a loss for the full year to March 31, wh...
Harare – Total banking sector deposits amounted to $10.32 billion as at 31 December 2018, which was up from $8.48 billio...
Feb 25, 2019
Harare – The RBZ has revealed that the global foreign currency for the period January to December 2018 amounted to US$6....
"I want to say I am guilty as charged for collecting exporters' money at a fixed exchange rate of 1:1 when prices had r...
By Beaven Dhliwayo Harare – Until the 19th century in China, an official method of torture and execution was called lin...
Feb 22, 2019
Harare – Listed agricultural concern, Ariston Holdings Limited says its return to profitability will accelerate debt rep...
Feb 19, 2019
Harare - Vaya a new kid on the block under blockbuster ZSE listed Econet spinoff Cassava, is moving aggressively into th...
Harare – Fertiliser manufactures in the country say production capacity has dwindled over the past year as forex shortag...
Harare – Following the release of a trading statement earlier this month, Impala Platinum (Implats), the parent of Zimpl...
Unfolding events since the beginning of 2019 have helped give a clearer view in terms of expectations on the policy side...
Feb 18, 2019
Harare - JSE-listed Anglo American Platinum (Amplats) closed out 2018 with another strong, solid, profitable performance...
Simbisa Brands, Zimbabwe's largest fast-food outlet, has opened a net total of 57 new company-operated stores between 30 September 2023 and 30 September 2024 with 5 opened in the first quarter of the
First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process
The mining industry have seen a significant growth with an average of 9% per annum, mainly spared by lithium sector projects and production of iron and steel. According to GlobalData, Zimbabwe is the
Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio
WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11% to its year-to-date revenue in a trading update for the period ended 30 Sept
EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa
Zimplow Holdings Limited reported a 12% decline in topline to US$20.6 million, in the thrird quarter to 30 September 2024 compared to the prior year according to the company’s latest trading update.
NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful
