Nampak Zimbabwe, the packaging firm, displayed impressive financial growth as its revenue surged by a remarkable 46% to ZW$573.78 billion for the full year ending on September 30, 2023. This substanti
Jan 09, 2024
Zimplats, Zimbabwe’s largest corporate despite facing challenging market conditions, demonstrated a strong commitment to future growth by investing US$440 million in mine replacement and expansion pro
Aug 21, 2024
Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus
Oct 15, 2024
Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has recorded a 7% decline in mined volumes in the half year to full year 2025 from 1 915 000 tonnes in 2023 according to the group’s
Feb 06, 2025
Zimbabwe earned US$16.2 billion in foreign currency receipts in 2025, up from US$13.3 billion in 2024, according to the latest foreign exchange update from the Reserve Bank of Zimbabwe (RBZ), with the
Zimbabwe's gold production reached a historic milestone in 2025, with a total output of 46.7 tonnes. This figure exceeded the government's target of 40 tonnes and Fidelity's projection of 45 tonnes, w
Standard Chartered ,a British multinational bank focused on Asia, Africa, and the Middle East, providing corporate, investment, and wealth management banking has exited Botswana to reassess risk, sca
The U.S. Embassy has expanded its visa bond policy to include Zimbabwe among 38 targeted countries, effectively tightening access to the United States and imposing steep new financial hurdles for Zimb
Zimbabwe, has introduced a 15% withholding tax on offshore digital goods and services, marking a bold and aggressive step in modernising its tax framework to capture revenue from the burgeoning digita
Hippo Valley Estates Limited, Zimbabwe's dominant sugar producer commanding a 50.2% local market share and 49.8% of exports, finds its expansion ambitions severely hampered by the chronic inefficienci
South Africa's maize prices have declined more than 30% year-on-year, fueled by a robust harvest that has generated substantial surpluses for both local consumption and regional exports.
First Capital Bank Limited has received exchange control approval for the US$30 million disposal of Makasa Sun (Private) Limited (Formerly The Kingdom Hotel) and is now awaiting the remaining regulato
