Search results for 'delays'
Zimbabwe
Cottco Holdings: Navigating Change and Pursuing a Path to Revival

Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This

Feb 08, 2024
Zimbabwe
ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability

The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate

Aug 08, 2025
Companies
Staff Rationalisation Weighs on Masimba’s HY25 Performance, Profit Down 20%

Masimba Holdings, a Zimbabwe Stock Exchange (ZSE)-listed company providing engineering and infrastructure solutions to the agricultural, commercial, housing, mining, public and water sectors, has reco

Sep 30, 2025
Companies
Kavango's Nara Gold Deal Misses Its Third Deadline:The Story Behind the Delays

Kavango Resources, the Southern Africa-focused metals exploration and gold production company dual-listed on the London Stock Exchange and Zimbabwe's Victoria Falls Stock Exchange, has announced that

Mar 24, 2026
Zimbabwe
Squeezing the Soil: How GMB’s Over ZiG 200 Million Arrears Threaten the Next Season

The Grain Marketing Board is owing 17.27% of ZiG payment obligations to farmers who delivered grain in the  FY2025 marketing season amounting to ZiG 50,192,313.52. Transporters who hauled grain to GM

Jun 12, 2026

Top Stories

Mining Slump Clouds Zimbabwe’s Q1 2026 GDP

Zimbabwe’s economy lost momentum in the first quarter of 2026 as a sharp contraction in mining weighed on growth, underscoring the economy’s continued reliance on the extractive sector despite improvi

1 day ago

FMP Terminates ZSE Listing, Extends Corporate Exit Cycle

First Mutual Properties Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange effective 2 July 2026, moving a US$140.07 million property platform into an unlisted structure bui

1 day ago

Gold Carries Zimbabwe’s Economy: What Happens When Prices Self-Correct?

Zimbabwe's May 2026 exports stood at $884 million, with $464 million of that, 52.5%, coming from semi-manufactured gold. The United Arab Emirates absorbed $448.7 million of total exports, the majorit

1 day ago

Zimbabwe Spends US$20 Million on Imported Power in May

Zimbabwe spent US$20.12 million importing electrical energy in May 2026, the highest monthly electricity import bill since September 2024. The payment rose 43.8% from US$13.99 million in April and sto

1 day ago

The O-Mari Effect: Mobile Money War Goes Physical, NetOne Remains Idle

Zimbabwe's mobile money sector has entered a new phase, one in which the platform that wins will not be the one with the biggest digital wallet but the one that can put physical cash in a customer's h

1 day ago

Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery

Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions

Jul 02, 2026

PPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board

Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa

Jul 02, 2026

Hippo Valley Posts Standout FY26 Performance, FY27 Tests Its Earnings Base

Hippo Valley Estates Limited, Zimbabwe's largest ZSE listed sugar producer, has reported a revenue growth of $220.8 million, a 15% increase from $191.6 million according to the latest results for the

Jul 02, 2026