Search results for 'Working Capital'
Companies
Nampak Poised to Bounce Back After Steep Losses in HY 2023

JSE-listed packaging company, Nampak Limited has provided an upbeat outlook for its financial performance in the second half of the 2023 fiscal year. According to the company's projections, Nampak is

Jun 20, 2024
Companies
Price Controls Squeeze Meikles Retail Sells: As Consumers Flock to Informal Market

Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,

Jun 24, 2024
Companies
Masimba Reports 10% Revenue Growth Despite Liquidity Constraints

This was achieved despite liquidity challenges during the quarter as the government tightened spending in local currency through elevated interest rates which curtailed borrowing. The company was awa

Nov 19, 2024
Companies
OK Zimbabwe Seeks $30 Million to Tackle Stockouts, Debt

OK Zimbabwe Limited, the country’s largest retail operator by store count, is seeking to raise up to US$30 million to stabilize its finances amid a brutal operating environment that has pushed it to c

Apr 02, 2025

Top Stories

ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability

The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate

3 hours ago

ZIDA Unveils E-Regulations Portal to Streamline Investment, Boost Transparency

The Zimbabwe Investment and Development Agency (ZIDA) has officially launched the E-Regulations Portal , a digital platform that seeks to provide clear, structured, and publicly accessible information

4 hours ago

Former ABSA Botswana Director Mthimkhulu Joins CBZ Bank as MD

CBZ Bank, Zimbabwe’s largest financial institution by deposits and assets, has appointed Valeta Mthimkhulu as its new Managing Director, marking a significant milestone in the bank’s leadership journe

5 hours ago

US Suspends Visas on Zim Due to Overstays, Migration Stance

The U.S. Embassy in Harare has temporarily suspended all routine immigrant and non-immigrant visa services, sparing most diplomatic and official visas. This decision, driven by Zimbabwe’s 10.57% B-1/

6 hours ago

Manufacturing Sector Leads GDP Contributions in 1HY Performance

Zimbabwe’s manufacturing sector has emerged as a cornerstone of the economy, now contributing 15.3% to GDP, surpassing mining (14.5%), wholesale and retail trade (11.9%), financial services (10.8%), a

7 hours ago

ZiG Weekly Commentary: Temporary Triumph Masks Deeper Economic Fragility

The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is

Aug 05, 2025

Kavango Resources to List on VFEX, Targets US$14 Million for Zimbabwe Projects

Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch

Aug 05, 2025

Weekly Gold Wrap: Demand Soars to Record $132 Billion in Q2'25

The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g

Aug 05, 2025