Zimbabwe's Consumer Price Index (CPI) soared to 120.67 in January 2024, representing a month-on-month inflation rate of 6.6%. This indicates a significant increase from the December 2023 rate of 4.7%.

TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf

Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las

Glenara Estates, another subsidiary of CFI Holdings Limited, witnessed an impressive doubling of its potato harvest during the quarter. The harvest yielded 2,989 tonnes, compared to 1,468 tonnes in th

AB InBev, the leading global brewer, has experienced significant expansion in its operations in South Africa and Africa. This growth can be attributed to the company's strategic focus on capturing mar

Sibanye Stillwater Reported Massive Loss of 37.4 Billion Rands, Wiping Out Previous Profits Commodity Price Decline Affected Operations The Company Faces Restructuring and Project Cutbacks Amid Econom

Amplats Harare- Zimbabwe has achieved a remarkable milestone in its platinum production, with quarterly output reaching an unprecedented high of 133,000 ounces (koz), representing an estimated 8% yea

ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr

TOAZ casts doubt on the suitability of low-earth-orbit (LEO) satellite systems, popularized by firms like Starlink, as a broad solution for Zimbabwe.  The association says high costs are likely to lim

"Post forecasts that sugar cane production will increase by 1% to 3.5 million metric tons (MT) in marketing year 2023/24, while sugar production is expected to rise by 3% to 410,000 MT," the report st

Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i

IMRE Holdings, a diversified financial services group, is poised for growth as it pursues a strategic expansion into North and Central African markets through its North-Central Africa growth policy.

Despite the challenging economic environment marked by inflationary pressures and exchange rate volatility in Zimbabwe, the country still boasts the most expensive fuel prices in the Southern African

Esteemed Bank, First Capital, reports that its non-performing loans (NPL) ratio has continued to decrease, reaching the lowest level in the first quarter of 2024 at 7%. This is an improvement from 8%

British American Tobacco (BAT) experienced a 21% decline in sales volumes during the first quarter of 2024 compared to the same period the previous year. This decline was attributed to changes in fisc

As the world grapples with geo-economic fragmentation due to the Middle East's crisis and the Russia-Ukraine War, the future of lithium remains uncertain. Despite the global push for a carbon-free eco

Zimbabwe's gold exports decreased from 23.6 kilograms in March to 20.8 kilograms in April according to the latest data released by ZIMSTAT. This marks a continued decline in gold's dominance as the co

Zimbabwe's trade deficit for April widened to $256.9 million, a 37.9% increase from the $186.3 million deficit recorded in March 2024. This marked the fourth consecutive month of Zimbabwe trading in t

Econet Wireless Zimbabwe, the country's largest telecom operator, contributed a staggering ZWL3.8 trillion to the government and statutory bodies in the fiscal year ended February 29, 2024. This figur

In a strategic move to strengthen its transport logistics operations, Unifreight Africa Limited has deployed an additional 50 FAW 380FT Truck Tractors with Afrit Tautliner Trailers into the local and