The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio
Nov 12, 2024
The Zimbabwe Gold (ZiG) has recently hit its lowest point on the formal market since the beginning of the year, with deficits since its inception reaching 50%. As of May 19, 2025, the currency has de
May 19, 2025
Zimbabwe has achieved a significant milestone in its extractive sector by surpassing the long-elusive US$4 billion threshold in gold export revenues, a target originally earmarked for 2023 but deferre
Jan 15, 2026
Zimbabwe's gold sector has triumphantly capped off 2025 by nearing its ambitious production and export targets, solidifying its status as a cornerstone of the nation's economy amid soaring global pric
Jan 28, 2026
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (
General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8
The Safaricom levy sits in other assets, which rose Kshs 593 million, and operating cash flow reached Kshs 161 million, or 22% of profit after tax. Excluding the block trade, equity turnover grew 111%
ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu
RioZim, Zimbabwe’s embattled miner has returned to a ZWG1.30 billion profit in the first half of 2026 from a ZWG300.6 million loss a year earlier, with the reported recovery dominated by debt restruct
Cam & Motor consequently carries a larger share of RioZim’s post restructuring future. Installation of a second mill is intended to increase throughput and production, with the mine required to progre
Current liabilities exceed current assets by US$136,251, narrowing US$9,282 from December 2025. Collecting receivables swaps one current asset for another and paying suppliers lowers current assets an