Nampak Zimbabwe, a leading manufacturer of plastic packaging products, is aiming to increase its capacity with the acquisition of an eight-colour printer for self-opening paper bags from Bullpak. This
Sep 11, 2023
Proplastics Limited Zimbabwe has set its sights on installing a significant solar generation project. The main objectives of this endeavour are to increase the availability of power supply, reduce ope
Sep 22, 2023
ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr
Mar 26, 2024
Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due
Sep 17, 2024
Caledonia Mining Corporation, a leading gold producer, has reported a third-quarter gold production of 18,992 ounces from 21,772 ounces produced in the comparable quarter due to lower grade and reduce
DELTA Corporation , the leading beverage manufacture has posted an increase in revenue to $389.1 million for the half year ended September 2024 from US$350.6 last year. This led to a profit after tax
The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio
Delta Corporation, a blue-chip entity listed on the Zimbabwe Stock Exchange (ZSE), has encountered significant headwinds in its sorghum beer segment, resulting in diminished sales volumes domestically
Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th
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
Zimbabwe's October gold deliveries surged 22% from September and 12% above October 2023, reaching 4,168 kgs. Small-scale miners produced 3,143 kgs, up from 2,404 kgs in September, while large-scale m
The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating
