Search results for 'diversification'
Technology
Letshego's Digital Transformation Drives Revenue Growth and Product Diversification
Letshego's digital transformation journey has yielded impressive results, with 60% of its core customers migrating to the Digital Mall platform. This represents a remarkable 38% year-on-year increase
Aug 28, 2023
Mining
China's Metal Pricing Influence: Implications for African Miners and Governments in a Changing Landscape
The London Metal Exchange (LME) plans to introduce new metals contracts based on prices from the Shanghai Futures Exchange (SHFE), according to Reuters. This collaborative effort if it consummates cou
Dec 19, 2023
Companies
Sweet Production, Sour Sales: Impact of ZiG, Policy Slippages Hippo Valley’s Q1
Hippo Valley, Zimbabwe's largest sugar heavyweight , has reported a satisfactory first quarter ended 30 June 2024, despite facing a perfect storm of challenges. While the company saw a 6% increase in
Aug 19, 2024
World
Why Gold is a Strategic Asset That Outperforms Traditional Assets During Economic Downturns
Gold has long been recognized as a strategic asset, playing a pivotal role in the construction of well-diversified investment portfolios. According to World Gold Council, Its unique characteristics m
Feb 03, 2025
South Africa
Ben Magara Takes the Helm at Exxaro: Steering Towards a Sustainable Future
Magara is a qualified Mining Engineer with over 35 years of experience across Africa's mining landscape. His early career saw him cutting his teeth in Zimbabwe's rich mining sector before making his m
Mar 14, 2025
Companies
Padenga Sets High Bar in Q1'25: Eureka Upgrades Drive Gold Production, Efficiency
Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has begun FY2025 with a robust performance, demonstrating resilience and growth in both its gold mining and agricultural divisions.
May 21, 2025
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
