Search results for 'capital raise'
World
Zimgold's Plan to Boost Local Sourcing in Zimbabwe's Oil Industry: Company Aims to Raise US$5 Million through the private placement of a Commercial Paper

Zimgold aims to raise US$5 million through the private placement a commercial paper to fund local sourcing of soya beans and sunflower seeds. The limited quantities of oilseed production in Zimbabwe h

May 08, 2023
Zimbabwe
Pick n Pay's Transformative R4bn Capital Raise

Pick n Pay, a leading South African retailer, has successfully raised a substantial R4 billion (US$218 million) through a rights offer that was oversubscribed, reflecting strong investor confidence in

Aug 08, 2024
Companies
Tanganda Seeks to Raise US$7.7 Million, Eyes VFEX Listing

Tanganda Tea Company Limited is aiming to list on the US dollar-denominated Victoria Falls Stock Exchange (VFEX) while raising US$7.7 million through a renounceable rights offer. This move is outlined

Oct 29, 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
Companies
OK Zimbabwe Shuts Food Lovers Market Franchise Outlets

Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre

Jun 04, 2025
Companies
OK Zimbabwe Raises US$20m, Boosts US$30m Turnaround Plan

OK Zimbabwe Limited, the country’s largest supermarket chain by store count, has successfully raised US$20 million through a fully subscribed renounceable rights offer, according to the latest circula

Aug 14, 2025
Companies
Rutanhi Beverages Underwrites Tanganda Tea Rights Issue, Raises Control Stakes

Tanganda Tea Company, the leading diversified tea enterprise listed on the Zimbabwe Stock Exchange, has introduced the possibility of a shift in control after securing full underwriting for its US$8 m

Jan 28, 2026
Companies
Tanganda Shareholders Approve US$8m Capital Raise, Strengthening Innscor Entry Path

Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed  d

Feb 19, 2026

Top Stories

Tongaat Crisis Update: IDC Declines to Commit to More Funding Amid Liquidation Threat

The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol

51 minutes ago

The Factory That Nobody Will Replace

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

1 hour ago

Gold’s Structural Inflection: Scale, Seasonality and the Policy Imperative

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

Feb 20, 2026

Why Zimbabwe's Gold Output Dipped in January 2026

Zimbabwe's gold sector, a cornerstone of the nation's economy and its primary foreign exchange earner, experienced a notable dip in output during January 2026, signalling a subdued start to what is an

Feb 20, 2026

What Has Sugar Tax Delivered So Far? Government Reveals Key Outcomes

Zimbabwe has delivered two cancer treatment machines at its main referral hospitals, marking a significant advancement in public oncology services. According to the Ministry of Health and Child Care

Feb 20, 2026

Is Zimbabwe's Gold-Backed Currency Finally Breaking the Curse of Volatility?

The Zimbabwe Gold (ZiG), the local currency unit, traded at approximately 25.57 against the US dollar on February 20, 2026, reflecting a marginal depreciation from 25.56 the previous week but maintai

Feb 20, 2026

CAFCA's Q1 2026 Sales Volumes Rise 3% as Exports Surge ,Copper Demand Recovers

Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin

Feb 20, 2026

Tanganda Shareholders Approve US$8m Capital Raise, Strengthening Innscor Entry Path

Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed  d

Feb 19, 2026