Search results for 'Technology'
Technology
Microsoft Plans to Expand Internet Access in Africa

By 2025, 20 million more individuals in Africa will have access to the internet thanks to a collaboration between Microsoft and Liquid Intelligent Technologies. Microsoft's Airband Initiative, which a

Mar 03, 2023
Companies
Liquid Intelligent Technologies Zambia reports strong revenue growth

The Zambian unit of Pan African group Liquid Intelligent Technologies has reported a sharp growth in revenue for the financial year 2023. The subsidiary reported a double-digit growth of 18% in total

Jun 29, 2023
Companies
Econet Unveils New Offerings

Econet Wireless Zimbabwe Limited, the largest telecommunications company in Zimbabwe by market capitalisation, is currently implementing a virtualized core network as part of its digital transformatio

Jul 24, 2023
World
Apple And Samsung Still Dominate Despite Slumping Tablet Sales

Apple shipped 12.3 million iPads in the quarter, though that was a 14% decline, the company still commands nearly 40% of the global tablet market. Samsung came in second with 6 million tablet shipment

Aug 07, 2023
Companies
EcoCash Holdings Delays Annual Results to Finalize IFRS Reporting

coCash Holdings Zimbabwe Limited has delayed the publication of its Group's annual audited financial statements for the year ended 29 February 2024, according to its latest circular. The results will

May 30, 2024
Companies
Dual Challenge, Single Solution: Old Mutual Launches US$100 Million Renewable Energy Fund

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

Sep 24, 2024
World
Bikita Minerals Scales Back Operations: Wake-Up Call for Government to Rethink Lithium Policies

Bikita Minerals has made the strategic decision to reduce its contractor base as it scales back output in response to challenging lithium market conditions. The DMS plant is set to be shut down in Oct

Oct 08, 2024

Top Stories

Simbisa Customer Counts reaches 12.1miliion in Q1 2025

Simbisa Brands, Zimbabwe's largest fast-food outlet, has opened a net total of 57 new company-operated stores between 30 September 2023 and 30 September 2024 with 5 opened in the first quarter of the

Nov 22, 2024

First Capital's Non-Performing Loan Ratio Falls Below 3% Amid Restructuring

First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process

Nov 22, 2024

Mining Sector Sees 9% Average Growth, but Energy Deficit Deepens

The mining industry have seen a significant growth with an average of 9% per annum, mainly spared by lithium sector projects and production of iron and steel. According to GlobalData, Zimbabwe is the

Nov 22, 2024

Proplastics Reports Subdued YTD Performance with Production, Sales Down

Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio

Nov 21, 2024

Pomona City Drives Westprop's Q3 Robust Performance

WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11%  to its year-to-date revenue in a trading update for the period ended 30 Sept

Nov 20, 2024

EcoCash Holdings’ HY Performance: Posts 185% Deposits Surge, 91% Loan Growth

EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa

Nov 20, 2024

Zimplow Holdings on Recovery Path: Q3 Performance Sparks Optimism

Zimplow Holdings Limited reported a 12% decline in topline to US$20.6 million, in the thrird quarter to 30 September 2024 compared to the prior year according to the company’s latest trading update.

Nov 20, 2024

NMB Loan Book More Than Doubles in Q3, USD Denominates Deposits at 87%

NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful

Nov 19, 2024