Harare – AIM listed Cambria Africa which has a significant exposure in Zimbabwe’s fintech sector, swung to profitability...
Feb 04, 2019
Harare – A sharp macroeconomic decline is expected to drive high prices and humanitarian assistance needs, Famine Early...
2 weeks after the 250% fuel price hike, Zimbabwe manufacturers have begun to price in the increased costs emanating from...
Harare – Debt-laden South African retail giant Edcon said it needs 3 billion rand ($226 million) in funding over the nex...
Feb 01, 2019
Harare – Zimplats Holdings Ltd’s mineral production over the past year has been oscillating largely due to the lower mil...
Jan 31, 2019
Harare – PGMs producer Zimplats Holdings’ (Zimplats) revenue for the quarter ended December 31, 2018 increased by 10 per...
Harare – Agro-Industrial, TSL has recorded a 19% increase in revenue to $52,1 million in the full year to October 31, 2...
Harare – ZSE listed agro industrial group TSL said it has completed a review of its operations for a period of 5 years u...
HARARE-Zimbabwe’s president Emmerson Mnangagwa has appointed a 24 member advisory board to help his ailing administratio...
Harare – Amid shifting economic fundamentals, miners are calling for a further review of the retention threshold by the...
Jan 30, 2019
Harare – Zimbabwe’s imports from South Africa (the country’s biggest trade partner on record) rose to the second highest...
Harare – Listed nickel miner BNC has said its solvency levels is improving after reducing the technical insolvency level...
Jan 29, 2019
Harare – AIM listed, Vast Resources plc, has dismissed doubts over its chances to acquire licencing to mine diamond in M...
Harare – Zimbabwe pocketed $92 million worth of diamond exports in the ten months period to December 2018, latest figure...
Harare - National Tyres Services (NTS), a retailer of new tyres and tubes, says it is optimistic of the future despite t...
Harare – Finsec listed micro-finance firm, Untu Capital on Monday said it is paying interest due to bondholders in a fir...
Jan 28, 2019
Harare – Fertilizers maker, Sable Chemicals says it will invest about $25 million over the next two years in a bid to ra...
Harare - First Capital Bank, formerly Barclays Bank Zimbabwe, has resolved to put on hold unbundling of non-core banking...
The crisis at hand in Zimbabwe is closely related to the developments on the external sector of the economy. At the hear...
Harare – The Zimbabwe Revenue Authority (ZIMRA) says it collected $177.27 million from the Intermediated Money Transfer...
Jan 25, 2019
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
