JSE-listed packaging company, Nampak Limited has provided an upbeat outlook for its financial performance in the second half of the 2023 fiscal year. According to the company's projections, Nampak is
Jun 20, 2024
British American Tobacco Zimbabwe, a prominent manufacturer and distributor of tobacco products, has sustained its comprehensive cost reduction initiative aimed at optimizing operational efficiency an
Nov 05, 2024
British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company
Nov 08, 2024
Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio
Nov 21, 2024
Zimplow Holdings, Zimbabwe's leading supplier of tires, mining, and agricultural equipment, has projected that it will not achieve profitability in FY2024, although a near break-even outcome would be
Dec 06, 2024
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Jun 10, 2025
The government has introduced significant reforms to ease the regulatory and financial burdens on the agricultural sector, particularly in livestock, dairy, and stockfeed industries. The Ministry of
1 day ago
The Zimbabwe Electricity Supply Authority (ZESA) has announced that Hwange Unit 3, one of its older 80MW generators, will be taken offline for 44 days from September 10 to October 24, 2025, to undergo
ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break
The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k
Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe has seen a 15% uptick in revenue during the first half of 2025, entering the second half on higher-note. The increas
Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize
Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t
Zimbabwe’s fuel prices have seen a minor adjustment, with petrol prices dropping by one cent from $1.56 in August to $1.55 in September, while diesel prices have remained unchanged at $1.55, according
