Search results for 'Harare'
Zimbabwe
Trading Halted: Stock Market Comes to a Standstill on Monday

Trading was suspended because investors were trying to grab any shares they could get their hands on in response to the depreciating local currency, against the greenback.

May 16, 2023
Zimbabwe
Amalgamated Regional Trading Holdings Reports Decreased Profits in FY 2023, Faces Audit Concerns

Amalgamated Regional Trading Holdings Limited (ART), a leading trading and manufacturing company based in Zimbabwe, has released its financial results for the fiscal year ended September 30, 2023. The

Jan 04, 2024
Companies
Revitus Drives CBD Revival, Eyes Turnaround of Iconic Assets

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

May 27, 2024
Companies
Pomona Commercial Centre Project Reaches Significant Milestone: 65% Complete

Mashonaland Holdings Limited, a leading property development company’s flagship Pomona Commercial Centre project is now 65% complete according to the company’s financial results for the six months to

Sep 12, 2024
Opinion
Mad Money Muse

Welcome dear readers, to the first episode of Mad Money Muse, where we laugh so we don’t cry, and muse over the chaos so we don’t lose our minds. This week, we’ve got potholes deeper than government p

Mar 12, 2025
Companies
First Mutual Properties Stuns with $57.2M FY2024 Loss, Yet Revenue Rockets 31%

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a US$57.2 million loss for the full year e

May 05, 2025
Markets
Gold Weeky Review: Why Gold is Your Safety Net Despite Private Credit Boom

Alternative assets, like private equity, private credit, and hedge funds, are becoming a bigger part of how people invest their money. Experts predict that by 2029, these assets could be worth nearly

Jul 28, 2025
Zimbabwe
Housing  Prices Surge 80% in Five Years, Average Home Costs US$240,000

Zimbabwe’s property market has become one of the region’s most paradoxical phenomena, with house prices soaring 80% over the past five years from 45% a decade ago according to the ZimProp Expo 2025.

Aug 22, 2025
Companies
Turnall Swings Back to Profit in Q3 2025, Cuts Loss by 91%

Turnall Holdings a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has edged back into profitability recording a US$92,091 after-tax profit in the third quarter

Nov 06, 2025

Top Stories

Star Africa Interim Performance Signals Structural Resilience Shift

Star Africa’s performance under review relates specifically to the six-month interim period ended 30 September 2025, a timeframe that sits at an inflection point for the Group as it recalibrates its o

Dec 31, 2025

ARTD Eyes Recovery in 2026: Softex Relaunch, Innovation to Drive Momentum

ARTD Holdings Limited , the Zimbabwe-based diversified manufacturer operating in energy storage, stationery and tissue, and timber sectorsis positioning itself for a strong recovery in 2026, with the

Dec 31, 2025

Willdale Bets on Property to Survive Brutal 2025 Brick Market Collapse

Willdale Limited, a Zimbabwean brick manufacturer, has found  itself in a precarious financial position following a challenging fiscal year ended September 30, 2025, marked by a sharp revenue decline

Dec 31, 2025

Zimbabwe's Gold Royalty Reform: No Full Backtrack, a Pragmatic Gamble on Soaring Prices

Zimbabwe's gold sector has continued its remarkable surge in 2025, building on the record 36.48 tonnes produced in 2024 (following a dip to 30.1 tonnes in 2023). The country surpassed its annual prod

Dec 25, 2025

Diamond Sector's Revival: Exports Hits Record,But Reforms a Game-Changer

Zimbabwe’s diamond industry continues to exhibit resilience amid hardship, with October 2025 exports surging to $43.4 million from zero in September, lifting the first 10 months' cumulative revenue t

Dec 17, 2025

OK Zimbabwe Settles Half of Supplier Debt: Is Recovery on the Horizon?

OK Zimbabwe, Zimbabwe's largest formal retailer by store count, has settled approximately half of its outstanding supplier arrears using proceeds from a US$20 million rights issue completed in August

Dec 17, 2025

Econet to Voluntarily Delist from ZSE After 27 Years, List on VFEX by Introduction

Zimbabwe's leading telecommunications operator, Econet Wireless Zimbabwe, is set to delist from the Zimbabwe Stock Exchange (ZSE) after 27 years of being listed, having made its debut on the exchange

Dec 16, 2025

NTS Exits ZSE, Looks for Greener Pastures

National Tyre Services (NTS), Zimbabwe’s leading tyre distribution and retail company, is voluntarily delisting from the Zimbabwe Stock Exchange to look for greener pastures with  effect from 31 Decem

Dec 16, 2025