Tongaat Hulett, the embattled South African sugar producer under business rescue, announced this week that it had secured an extension of its post-commencement finance facility from its funders until
Jul 05, 2023
ZB Financial Holdings, a diversified financial arm listed on the Zimbabwe Stock Exchange (ZSE), has reported a remarkable 123% increase in profit after tax for the half-year ended 30 June 2025, rising
Throughout history, the world has typically adopted the currency of the dominant economic and geopolitical power for global payments. This leading nation often provided “global public goods,” such as
Bitumen World, one of Zimbabwe’s largest construction contractors, has announced job cuts due to severe cash flow pressures stemming from delayed government payments. In a statement, the company said
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.
CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi
CBZ Holdings Limited, Zimbabwe’s largest financial institution by deposit base and asset portfolio, has unveiled a potentially transformative strategic shift positioning the informal sector as the cen
PPC Ltd (PPC), through its Zimbabwean subsidiary PPC Zimbabwe Ltd (PPCZ), in which it holds an 88% stake, has taken a significant step in optimizing its asset portfolio by concluding an agreement on 2
Rainbow Tourism Group (RTG), Zimbabwe’s second-largest hotel group, has made a bold move to expand its regional footprint by acquiring a seven-storey commercial property in Cape Town, for ZAR98 millio
