Search results for 'Finance'
Companies
Controlled Exchange Rates, ZiG Devaluation Sink Meikles into FY2025 Financial Loss
Meikles Limited, Zimbabwe’s second-largest retailer by store count, reported a significant financial setback in FY2025, plunging into a loss of ZWG 264 million from continuing operations, a contrast t
Jul 29, 2025
Zimbabwe
A Look into Zimbabwe’s Street Vending Ban: Economic Formalisation vs. Informal Livelihoods
In early August 2025, Zimbabwe’s government issued a one-month ultimatum to ban street vending and second-hand clothing sales, aiming to formalise the economy and enhance urban order. This policy has
Aug 21, 2025
Zimbabwe
Finance Ministry Rolls Out Cost-Cutting Directive for Ministries and Agencies
Last week on the 24th of September 2025, the Ministry of Finance issued Treasury Circular Number 10, directing all government ministries, departments, and agencies (MDAs) to implement strict expenditu
Oct 01, 2025
Companies
Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
Zimbabwe
Tokenised Collateral Meets EcoCash: Can Ndarama Rewire Zimbabwe’s Credit Market?
It also outlines a governance chain that is intended to reduce counterparty risk. The statement points to independent custody of physical assets by Kreston Zimbabwe, professional asset management by S
Jan 19, 2026
Companies
Caledonia Raises $150 Mn for Bilboes: Here Are 4 Funding Pillars Powering Growth
Caledonia Mining Corporation has successfully closed a US$150 million convertible senior notes offering according to its latest announcement. Originally targeted at US$100 million, the deal was upsize
Jan 21, 2026
Companies
Premier African Minerals Limited Enters US$2.4 Million Settlement to Halt Enforcement Action at Zulu Lithium
Premier African Minerals Limited has entered into a mutual release and settlement agreement with J R Goddard Contracting (Private) Limited (JRG) regarding a US$2.4 million debt tied to its Zulu Lithiu
Jan 22, 2026
South Africa
South Africa Joins Afreximbank, Unlocks US$8bn Trade Industrial Finance Programme
South Africa has formally acceded to the African Export-Import Bank (Afreximbank), becoming the 54th member state of the Pan-African multilateral lender and completing the country’s entry into the con
Feb 05, 2026
Companies
Tanganda Shareholders Approve US$8m Capital Raise, Strengthening Innscor Entry Path
Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed d
Feb 19, 2026
Top Stories
BAT’s Profit Surge Against Revenue Decline: A 582% Earnings Jump With Nothing to Do With Selling Cigarettes
BAT Zimbabwe has posted one of the most spectacular profit numbers in Zimbabwe's FY2025 earnings season, and probably, one of the most misleading according to its FY2025 financial results. The group
5 hours agoFebruary Trade Snapshot: 5 Straight Surpluses, Imports Triple, 80% of Earnings Flow to Two Countries at War
Zimbabwe's merchandise trade recorded a surplus of US$46.5 million in February 2026, according to the latest trade data, marking the fifth straight surplus, the best performance in Zimbabwe’s trade.
Apr 01, 2026
