AGRIBANK has recorded a profit of $2,9 million in the first five months of the year to May 31, 2018, a move that thrusts...
Jul 02, 2018
THE Reserve Bank of Zimbabwe (RBZ) is negotiating a $500 million funding package with the African Export and Import Bank...
What are Stocks Stocks are shares of companies listed on a stock exchange. When a company decides to raise capital for...
Jul 01, 2018
Harare – Hotelier, African Sun Limited (ASL) on Thursday said the new dispensation positively influenced the increase in...
Jun 29, 2018
Electricity of Mozambique (EDM) has suspended power supply to Zambian ZESCO following a debt of USD 70 million (EUR 60.5...
Hotelier, African Sun Limited says occupancy levels for the five months to May 2018 grew to 53 percent from 43 percent l...
Zimbabwe’s sugar production is projected to increase by 17% to 460 000 metric tonnes in the 2018/19 season, mainly due t...
HOSPITALITY executive Tamuka Macheka has been elected new president of the Zimbabwe National Chamber of Commerce (ZNCC),...
StarAfricaCorporation has been granted approvals for the export of its bottlers’ grade refined sugar into regional marke...
The Cotton Company of Zimbabwe (Cottco) has this season engaged 400 000 farmers as the company redirects its effort to i...
The Reserve Bank of Zimbabwe (RBZ) says it has raised over $1 billion through the issuance of savings bonds to mop up ex...
Property concern Dawn Properties Limited revenue for the five months to May 2018, increased 27 percent to $2,2 million c...
Zambian Breweries said on Thursday it had launched the latest phase of its US$30 million expansion project in Ndola with...
Harare-Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya has encouraged local businesses to take advantage of th...
Jun 28, 2018
Harare – Data from the Tobacco Industry and Marketing Board (TIMB) reveal that 2018 tobacco sales performance has so far...
THE country’s leading manufacturer of conveyor belts — General Beltings Holdings’ revenue for the five months to May 201...
UNITED Refineries Limited has added mealie-meal to its wider product mix as part of an aggressive diversification drive....
GIANT agro-processor United Refineries Limited has adopted food fortification as part of its long-term business model in...
Zimbabwe’s manufacturing sector requires around $2 billion in capital funding for optimum operation, the Confederation o...
Zimbabwe will treble gold output to 100 tonnes in 12 years on the back of recapitalisation in the gold sector, the Chamb...
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