indura Nickel Corporation (BNC), a VFEX-listed miner, is expecting a substantial loss in the second half of 2024 following a significant loss of US$18.4 million in the previous fiscal year. This proje
Mar 26, 2024
ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr
Harare- Axia Limited, a diversified retail enterprise listed on the Victoria Falls Stock Exchange, experiences a 4% decline in revenues for the half year to full year 2024. However, the company succes
National Foods Harare- National Foods Zimbabwe Limited, a subsidiary of Innscor Africa, has incurred a significant cost of US$25.7 million during the six months leading up to December 31, 2023, acco
Harare- Caledonia Mining Corporation, the second-largest gold producer listed on the Victoria Falls Stock Exchange, has announced a significant executive board appointment according to its latest circ
The Zimbabwe Stock Exchange (ZSE) announced the trade halt of Truworths Limited shares on the bourse effective 07 March 2024 after the Company applied for voluntary suspension of its securities from t
Truworths Zimbabwe Limited published the set of financial results for its full-year ended 09 July 2023 almost 8-months later on the 1st of March 2024. The results reflected a sharp decline in volumes
Truworths Limited, a clothing retailer facing significant survival challenges, experienced a 33% decline in traded volumes for the fiscal year ended 9 July 2023. However, it is important to note that
Bridgefort Capital Limited issued a Cautionary Statement on the 1st of March 2024, announcing that the company is in the later stages of concluding the acquisition of Diaspora Kapita (Proprietary) Lim
Simbisa Brands, a well-known quick-service restaurant group, has expanded its footprint across the region by acquiring the Eswatini business which was previously a franchisee and further franchised it
On the 28th of February, 2024, the Zimbabwe National Roads Administration (ZINARA) held a press conference for an operational review of the full-year 2023 to 31 December 2023. The parastatal alluded t
The question which keeps on banging in investors’ ears and the rest of shareholders is when will BNC revert to its previous years of production triumph. The production loss endured by the company list
Glenara Estates, another subsidiary of CFI Holdings Limited, witnessed an impressive doubling of its potato harvest during the quarter. The harvest yielded 2,989 tonnes, compared to 1,468 tonnes in th
TN Asset Management (Pvt) Ltd as the Portfolio Manager, along with the trustees of the Morgan & Co Multi-Sector (MCMS) ETF, declared a dividend of 0.0437 US$ cents per unit payable in respect of the q
Zimbabwe Investment and Development Agency (ZIDA) has launched an Investor Do-It-Yourself (DIY) electronic portal in a bid to improve the ease of doing business in Zimbabwe, the Chief Executive Office
In a Trading Update for the third quarter ended 31 December 2023, OK Zimbabwe Limited alluded that its overall trading volumes dwindled by a staggering -28% against corresponding period in the prior y
Amalgamated Regional Trading Holdings Limited (ART), recorded an overall volumes slump of 9% due to worsening economic headwinds which impacted raw material availability, higher operating costs and li
Tanganda Tea Company announced that it will hold its 94th Annual General Meeting (AGM) at 0900 Hours on Thursday, 7 March 2024, at the Country Club, 1 Brompton Close, Newlands, Harare. The Company als
Amalgamated Regional Trading (ART) Holdings Limited will hold its 22nd Annual General Meeting of shareholders virtually on Thursday, 07 March 2024 at 1430 Hours.
