The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International
Oct 16, 2024
Zimbabwe Energy Regulatory Authority (ZERA)has increased the diesel prices for the month of December, from November in US dollar terms. Diesel prices added with 1% to $1.54 per litre from $1.52.
Dec 06, 2024
Gold prices reached a new record high of 2,917.90 per ounce on the 10th of February 2025, driven by the U.S. President’s trade war, which is targeting both allies and adversaries. This surge followed
Feb 10, 2025
The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f
Jun 17, 2025
Copper has extended its bruising decline to the lowest level in more than three months , as the deepening war in the Middle East drained risk appetite from financial markets and sharpened worries abo
Mar 23, 2026
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (
General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8
The Safaricom levy sits in other assets, which rose Kshs 593 million, and operating cash flow reached Kshs 161 million, or 22% of profit after tax. Excluding the block trade, equity turnover grew 111%
ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu
RioZim, Zimbabwe’s embattled miner has returned to a ZWG1.30 billion profit in the first half of 2026 from a ZWG300.6 million loss a year earlier, with the reported recovery dominated by debt restruct
Cam & Motor consequently carries a larger share of RioZim’s post restructuring future. Installation of a second mill is intended to increase throughput and production, with the mine required to progre
Current liabilities exceed current assets by US$136,251, narrowing US$9,282 from December 2025. Collecting receivables swaps one current asset for another and paying suppliers lowers current assets an
