The company has signed amended documentation relating to its senior secured project financing debt package, which amounts to US$220 million. Under the amended agreement, the repayment profile has be

The trading update highlighted the unfavorable climate conditions in the first quarter, with below-average rainfall and extremely hot weather impacting agricultural operations. However, the weather im

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%

Ariston Holdings Limited, a diversified agricultural company, has reported a 14% increase in tea production during the half-year ended March 31, 2024. The company produced 1,830 tonnes of tea, up from

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

imbabwe's Energy Regulatory Authority (ZERA) is taking a proactive approach to streamlining the construction and operation of fuel stations, aiming to balance the growing demand for fuel access with p

The government has implemented stringent penalties for network service providers, imposing fines of up to US$5,000 for poor-quality services. The country boasts a competitive telecommunications indus

On 10 September 2024, Zimbabwe's telecommunications regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), announced the licensing of Starlink within the country. In

President Donald Trump has indicated that he is considering cutting U.S. aid to South Africa, one of the leading economies in Sub-Saharan Africa, in response to the country’s recently enacted Land App

Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol

Vast Resources plc, a London-based junior mining company listed on the Alternative Investment Market (AIM), has discovered additional 6,055.35 carats of gem-quality diamonds during the classification

Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th

Zimbabwe’s sugar giant, Hippo Valley Estates has  recorded a dramatic 364% increase in export volumes to 15,711 tons in the first quarter of 2025, compared to just 3,385 tons in the same period last y

Zimbabwe has announced a record-breaking wheat harvest for the 2025 winter season, reporting a total output of 639,942 metric tonnes according to the Ministry of Lands, Agriculture, Fisheries, Water,

The global economy has just completed its strongest recovery from a recession in more than 60 years. Yet across much of Africa, that recovery has barely registered, exposing a widening gap between glo

Zimbabwe's 2026 tobacco marketing season opened last week and six days in, every headline metric, from volume, value, price, and quality  is running well below last year. A bearish opening, shaped by