Old Mutual Zimbabwe, a leading financial services group through its Old Mutual Zimbabwe’s Eight2Five Innovation Hub has joined forces with DHL GoTrade to bolster small and medium-sized enterprises (SM
Feb 11, 2025
South Africa’s unemployment rate has shown a slight improvement, declining for the second consecutive quarter to 31.9% in the fourth quarter of 2024, down from 32.1% in the previous quarter. This mar
Feb 19, 2025
The ground breaking ceremony of the Palm River Energy Metallurgical, a US$3.6 billion project, has been officially launched yesterday by President Emmerson Mnangagwa at the energy industrial park are
Feb 25, 2025
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (
General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8
The Safaricom levy sits in other assets, which rose Kshs 593 million, and operating cash flow reached Kshs 161 million, or 22% of profit after tax. Excluding the block trade, equity turnover grew 111%
ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu
RioZim, Zimbabwe’s embattled miner has returned to a ZWG1.30 billion profit in the first half of 2026 from a ZWG300.6 million loss a year earlier, with the reported recovery dominated by debt restruct
Cam & Motor consequently carries a larger share of RioZim’s post restructuring future. Installation of a second mill is intended to increase throughput and production, with the mine required to progre
Current liabilities exceed current assets by US$136,251, narrowing US$9,282 from December 2025. Collecting receivables swaps one current asset for another and paying suppliers lowers current assets an