Companies

Companies

Impact of Intel's Worst Quarter Loss and Fierce Competition on Africa's PC Access Negligible

Intel's commitment to innovation is unwavering, and the company will continue to introduce new products and technologies to the African market. The potential for increased competition in the African m

Apr 28, 2023
World
Blended Inflation Model Distorting Actual Zim Dollar Inflation Trend, According to Captains of Industry

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

 Apr 28, 2023
World
Zimbabwe's Economic Growth Set to Rise by 6% on the Back of Increased Maize Harvest

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

 Apr 27, 2023
Zimbabwe
Lithium Mining Sector Charges Up Amid Strong Demand and Supply Shakeups

According to analysts, lithium demand could triple by 2025 and increase six-fold by 2030. Meeting this demand and achieving price stability will require diversified supply from many new projects world

 Apr 26, 2023
World
'Unleash Business Growth and Forge Global Partnerships at Zimbabwe's International Trade Fair 2023'

The Zimbabwe International Trade Fair (ZITF) is one of the largest intra-regional trade fairs south of the Sahara and a major opportunity for local businesses to boost trade, connect with new partners

 Apr 25, 2023
Companies
‘Mechanical Challenges Dampen Gold Output’

Gold mining company, Caledonia Mining Corporation has recorded a 13% decline in gold output at the Blanket Mine from 18 515 ounces in the previous first quarter to 16 036 ounces, according to the Comp

 Apr 24, 2023
World
Homebuyers in Limbo as Agri-Firm CFI Holdings’ Housing Project Stalls

The diversified agricultural conglomerate, CFI Holdings Ltd, has allegedly failed to allot residential plots nearly a decade after marketing them to prospective homeowners for its Suncrest Park develo

 Apr 24, 2023
Toyota Vying for More EV Market Share

The luxury company has already set a goal to sell one million electric vehicles internationally by 2030 and to go completely electric globally by 2035. In that time span, Toyota as whole plans to sell

Apr 24, 2023
Corporate Action Summary

As the policy change in inflation figures continue to weigh on valuations, the duo of clothing retailers, Truworths and Edgars, have announced an extension to the publication date of financial results

Apr 24, 2023
ZB Financial Holdings Achieves Monumental Growth in 2022

ZB Financial Holdings delivered an astounding performance in 2022, registering a monumental upswing across its banking and insurance operations on the back of propitious macroeconomic conditions and t

Apr 21, 2023
Zimbabwe Urges Artisanal and Small-Scale Miners to Increase Bankability of Projects

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Apr 20, 2023

EasyEquities Partnership With GCash to Bring US Stock Trading to 70 Million Filipinos

EasyEquities will launch a fantasy investment game on GCash in June 2023 to educate and familiarize customers with US stock trading before offering real trading. This strategy proved successful when E

Apr 20, 2023

Truworths Issues Update on HY23’s Results Publication Status

clothing entity listed on the Zimbabwe Stock Exchange (ZSE) has postponed the publication of Half-year (HY) reviewed financial results to the 8th of May this year.  The results for the half-

Apr 19, 2023

Musakanya Takes Over at Access Bank Botswana as New Acting MD

Musonda has spent 15 years in senior managerial roles, which allowed her to develop first-hand knowledge and expertise in the management of client relations, technology, risk management, and overall b

Apr 19, 2023

The Persistent Electricity Crisis in Zimbabwe: Ramifications for Businesses and the Quest for Sustainable Resolutions

Zimbabwe continues to grapple with a protracted electricity crisis, which poses a considerable operational risk to numerous enterprises within the nation. Consequently, these companies find themselves

Apr 18, 2023

Turnstar Holdings Releases Trading Statement, Profits and Revenue Remain Steady

Turnstar Holdings Limited (Turnstar) is likely to face a range of challenges that could impact its operations and profitability. One significant factor is the potential for inflation, which could incr

Apr 18, 2023

Erosion of Value in Zimbabwe: Hyperinflation and Exclusion from Old Mutual Limited's Key Performance Metrics - Old Mutual Limited Releases 2022 Integrated Report

The value of the business in Zimbabwe is reduced to zero in Group equity value due to the continued impact of hyperinflation on the Zimbabwean economy. However, the Zimbabwe business remained profitab

Apr 18, 2023

AH-Vest Limited Reports Slight Increase in Revenue for HY2023

AH-Vest Limited has reported a slight increase in revenue despite facing challenges from load sheddin and increased manufacturing costs. The company has taken steps to mitigate the impact of loadshedd

Apr 18, 2023

Corporate Action Summary

Edgars issued an announcement to Shareholders and other stakeholders about the unanticipated delays in the finalization of the audit process which has necessitated a move to defer the publication of t

Apr 17, 2023