US President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on $34 billion of Chine...
Jul 06, 2018
Investments made in the dairy sector at both farm and processing level coupled with the implementation of SI64, have see...
SAKUNDA Holdings is in negotiations with the Zimbabwe Regulatory Authority (Zera) and other statutory bodies to export e...
ZIMBABWE’S domestic credit grew 38,5% on an annual basis to US$10,5 billion in February largely driven by an increase in...
South Africa's Anglo American Platinum (Amplats) has sold its one-third stake in the Rasimone mine to its joint venture...
Harare - ZB Bank's strategic focus will be on the renovation of its technological infrastructure and better position its...
Jul 05, 2018
Aim-listed diversified miner Vast Resources on Wednesday released a solid set of production results for the three months...
ROYALTIES on Zimbabwean-mined diamonds have remained punitive, scaring away investors and disadvantaging local players,...
THE Zimbabwe Asset Management Company (Zamco) has taken over Starafricacorporation Limited’s $32 million debt owed to di...
BINDURA Nickel Corporation (BNC) is in the red after the group’s current liabilities exceeded current assets by $4,7 mil...
LISTED mining group, Falcon Gold (Falgold) Zimbabwe, says its operations in the half year ended March 31, 2018 have been...
HARARE – Hospitality group, African Sun Limited, has appointed Mr Alex Makamure as the new board chairman with effect fr...
AGRIBANK has so far spent $1,1 million on information communication technology (ICT) infrastructure hardware, as it pres...
At least 221,8 million kg of tobacco worth $647 million have been sold at contract and auction floors since the start of...
NON-LIFE insurance companies registered 250 percent growth in profits to $33,6 million in the 12 months to December 2017...
Harare - Fidelity Life said there is clear indication that its core insurance business is on a strong recovery path afte...
Jul 04, 2018
Harare - LafargeHolcim on Wednesday announced the appointment of Miljan Gutovic as the Head of Region Middle East Africa...
HARARE-National Tyre Services Limited (NTS) revenue for the year ended March 31, 2018, surged 16 percent to 13.8 million...
Standard and Poor’s has raised African Bank and Capitec’s national scale credit rating after revising its mapping table...
SOUTH African focused platinum miner, Lonmin Plc has entered into an agreement to sell its 50 percent stake in PetroZim...
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
The Reserve Bank of Zimbabwe has injected US$114 million into the forex market to meet rising demand for foreign currency and stabilize the run-away ZiG. In a statement, RBZ said US$50 million was inj
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