Anheuser-Busch InBev (AB InBev), the global brewing giant with a stake in Delta Corporation, Zimbabwe's largest beverage company, recently announced its financial results for the 1st quarter of 2024.

Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i

IMRE Holdings, a diversified financial services group, is poised for growth as it pursues a strategic expansion into North and Central African markets through its North-Central Africa growth policy.

Pick n Pay, the prominent South African grocery and retail group which has a partnership with TM Supermarkets in Zimbabwe, a Meikles subsidiary, has unveiled a significant strategic plan that could re

Esteemed Bank, First Capital, reports that its non-performing loans (NPL) ratio has continued to decrease, reaching the lowest level in the first quarter of 2024 at 7%. This is an improvement from 8%

Zimbabwe's economic growth forecast for 2024 has been slashed to 2%, down from the initial projections of 3.6%. This downward revision is primarily due to the impact of the ongoing drought in the regi

In a strategic move to strengthen its transport logistics operations, Unifreight Africa Limited has deployed an additional 50 FAW 380FT Truck Tractors with Afrit Tautliner Trailers into the local and

BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of

Cement producer Khayah Cement, formerly known as Lafarge Cement Zimbabwe, has rebounded to production growth following a dismal 2022 performance. In the just-concluded 2023 fiscal year, the group reco

Mash Holdings, a leading real estate investment and development company, has reported a strong start to 2024 with impressive financial and operational metrics in its initial five months of the year.

Ariston Holdings Limited, a prominent agricultural company, has reported a significant surge in tea production during its latest third quarter trading update for the period ended June 30, 2024. The c

Zimbabwe Development Agency (ZIDA) has reported a strong performance in the second quarter of 2024 having issued 154 new licenses with a projected value of $1.809 billion, which was an improvement fro

Zimplats, which is 87% (June 2023) owned by Implats, increased its 6E (platinum, palladium, rhodium, ruthenium, iridium and gold) matte production by 5.7% to 646,000 ounces. This solid performance was

n a challenging economic landscape marked by volatile exchange rates, power outages, and ongoing liquidity constraints, Nampak Zimbabwe, a leading packaging firm says it will leverage on cost containm

ART Holdings Limited has announced a renewed focus on debt reduction as it navigates a challenging economic environment marked by persistent inflation, currency instability, and crippling electricity

Zimbabwe's gold exports in July 2024 contributed 34.2% to the total exports, according to the latest Zimstat's trade report. This output increased from 30.5% in June exports. However, it was still lo

ZB Financial Holdings has reported a challenging half-year ended 30 June 2024, marked by significant declines in its financial performance. The group recorded a 59% drop in after-tax profit (PAT), fa

Zimbabwe has signed a historic trade deal that paves the way for its avocados to be exported to the Chinese market for the first time during the Forum on China-Africa Cooperation (FOCAC) in Beijing.

Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s

South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass