At 321%, Zimbabwe tops the World Bank's (WB) list of countries severely afflicted by food inflation, among war-torn Lebanon and Venezuela, whose political and economic crises have left worrisome rates
Dec 01, 2022
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
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
May 26, 2023
CFI Holdings experienced a staggering 245.7% surge in revenue to ZWL 201.99 billion The company grappled with expense management challenges ultimately reporting a loss of ZWL 92.73 billion Negative
Jan 12, 2024
Zimbabwe's economic growth forecast for 2024 has been slashed to 2%, down from the initial projections of 3.6%. This downward revision is primarily due to the impact of the ongoing drought in the regi
May 31, 2024
Star Africa Corporation, the second-largest sugar producer in Zimbabwe, which is also the largest independent sugar producer is seeking to redeem its operational and commercial performance in the 2025
Jul 11, 2024
run Beverages, the second-largest PepsiCo franchise bottler globally, is venturing into the snacks business after a successful performance in the beverages segment. The company, founded in 1995 and h
Jul 16, 2024
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
Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s
The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the