Rising power costs and non-claimable VAT have eroded National Foods' financial gains, highlighting the devastating impact of policy inaction on businesses and low-income households. The company vows t
Sep 27, 2024
Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles, reported a widened net loss of US$2.9 million in FY2024, up from US$1.5 million the previou
May 02, 2025
Zimplow Holdings, Zimbabwe's leading supplier of agricultural, mining, and automotive equipment, has introduced a new re-engineering manufacturing process at its Mealie Brand unit, according to the la
Zimbabwe has achieved a historic milestone in its energy sector, recording its highest electricity generation output to date at 1,619 MW, according to the latest data from the Zimbabwe Power Company (
The Zimbabwe Gold (ZiG) appreciated for the first time on May 21, 2025, strengthening to 26.8853 from 26.9786 per dollar the previous day, breaking a chain of loss-making streaks since April 25, when
First Capital Bank, Zimbabwe’s renowned financial services outfit, has achieved a remarkable feat in the first quarter of 2025, with non-performing loans (NPLs) plummeting from 7% in Q1 2024 to 3.66%
Axia Corporation Limited's Distribution Group Africa (DGA) segment has sustained a sluggish performance in the third quarter of FY2025, ended March 31, 2025, compared to the same period last year, whi
imbisa Brands Limited, Zimbabwe's leading quick-service restaurant group, has fully transitioned to 100% paper-based packaging across its 722 outlets according to the company Q3 2025 trading update.
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
Botswana, often celebrated as a model of economic stability and prudent governance in Africa, is confronting a severe economic crisis precipitated by a sharp decline in global diamond prices. The Af
