Many lenders have turned to reduce lending to coal, oil, and gas projects while increasing their exposure to renewable energy in an effort to reduce their net carbon emissions to zero by 2050. We will

In the trading update, Accelerate said it now expects its distribution per share for the year ending 31 March 2023 to be more than 15% lower than the previous year's distribution. The company cited th

On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement

Tigere, a distinguished ZSE-listed real estate investment trust, is poised to complete its Highland Park Phase 2 undertaking in Q4 2023 indicating another noteworthy milestone in the company's propert

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener

Tigere Property Fund, a real estate firm, has reported a total of US$1.27 million in net property income for the nine months ended 30 September 2023 according to the company’s latest trading update.

The Zimbabwe dollar maintained its depreciation rate of 0.4% during the latest auction market held on October 31, 2023. This resulted in the massaged currency being traded at a rate of 5718.4090 again

Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing

Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This

In a strategic bid to combat the exodus of companies from central business districts (CBDs), Revitus Property Fund has doubled down on its mission to revitalize aging CBD properties and breathe new li

Following a concerning 2023 Auditor General's report that exposed high-level corruption in government parastatals, the Finance Permanent Secretary, George Guvamatanga, has claimed that the Auditor Gen

igere Property Fund has reported a notable shift in its financial landscape for the half-year ended June 30, 2024, marked by a significant increase in USD revenue collections. According to its latest

Central Bank has injected US$190 million into the market to stabilize the exchange rate madness that has plagued Zimbabwe's economy. This move is part of a broader strategy to curb the volatility tha

As Zimbabwe grapples with an ongoing energy crisis, Old Mutual Zimbabwe has announced the launch of a US$100 million private equity fund aimed at renewable energy investments. With the country strivi

Tigere Property Fund has made a strategic move to bolster its performance in the fourth quarter of the 2024 financial year with the acquisition of Highland Park Phase 2. This addition is expected to

The Reserve Bank of Zimbabwe (RBZ) has increased transaction limits for Zimbabwe Gold (ZWG) as per its latest circular. This adjustment follows a significant 43% devaluation of the ZWG in the week to

The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ

he Zimbabwe government has allocated ZiG28.3 billion to the Ministry of Health and Child Care for the year 2025. When converted to United states dollars (USD) at the official bank rate of ZiG26 per d

Old Mutual’s Top Ten Exchange Traded Funds (OM TT ETF) will be delisted from the Zimbabwe Stock Exchange (ZSE) effective 17 January 2025 after unit holders applied for a voluntary termination due to t

United States’ 47th President, Donald Trump has pulled out from the World Health Organization (WHO), citing systemic inefficiencies in managing global health crises. Trump has articulated concerns r