Search results for 'African Markets'
World
African Markets Update: Malawi Stock Exchange Surpasses Zimbabwe Stock Exchange for the Leading African Exchange Market

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Apr 25, 2023
Zimbabwe
ZiG Faces Imminent Collapse: RBZ Injects $64 Million in Ongoing Efforts

The Reserve Bank of Zimbabwe has injected US$114 million into the forex market to meet rising demand for foreign currency and stabilize the run-away ZiG. In a statement, RBZ said US$50 million was inj

Sep 20, 2024
Zimbabwe
Digital Dawn: ZSE Direct Surges 28% as Zimbabwe's Stock Market Boom in Q3

d clients and 10,740 active clients. The number of trades increased by 28.68%, reflecting the growing interest in online trading. ZSE Direct has democratized access to the capital markets, offering

Oct 10, 2024
Companies
CAPEX Jumps Over 2000% to $2M: Turnall Bets on New Investments

Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus

Oct 15, 2024
Companies
NATIONAL FOODS' SHOCK EXIT: Weighs Delisting From VFEX, Barely 2 Years after Listing

Largest food producer, National Foods (Nat Foods) Limited, is contemplating a delisting from the Victoria Falls Stock Exchange (VFEX), according to the latest circular from the group. Nat Foods was

Oct 31, 2024
Companies
Simbisa Brands Energy Costs More Than Double in Q1, But New Store Openings Cushion the Blow

Simbisa Brands, the leading quick-service restaurant (QSR) operator in Zimbabwe, reported a significant rise in energy expenditures, which more than doubled year-over-year (YoY) in Q1 FY2025. This up

Nov 25, 2024

Top Stories

Zimbabwe's White Gold Sector: New Records, Policing and Outlook

Zimbabwe's lithium industry (white gold) delivered a stellar performance in 2025, with sales volumes reaching 1.52 million (1,522,893.93) metric tonnes and generating US$571.6 million in revenue, surp

10 hours ago

Zimbabwe Secures 500MW Solar Flagship Under 10GW Africa Platform

Zimbabwe is set to host a flagship project of a new multi-gigawatt African renewable energy platform spearheaded by INOX Clean Energy, RJ Corp and SkyPower, marking one of the most consequential priva

10 hours ago

Sibanye Projects 30% Production Decline, Writes Down Mimosa by US$28.74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

14 hours ago

Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits

In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro

1 day ago

Greenfields Feeds the Bottom Line: Food and Entertainment Are Rewriting Zimbabwe's Retail Story

Tigere's entire portfolio operates on US dollar leases, which insulates its rental income from local currency fluctuation and provides investors with predictable returns. For the 2025 financial year,

1 day ago

Sibanye Projects Production Decline, Writes Down Mimosa by US$28,74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

1 day ago

Sibanye-Stillwater Reinstates R3.7bn Dividend Payments After 3-Year Hiatus

Sibanye-Stillwater, the diversified South African mining giant, reinstated its dividend payments after a three-year hiatus on 20 February 2026, buoyed by a 281% surge in headline earnings per share (H

1 day ago

Anglo American Seals Teck Resources Merger Deal, Net Debt Falls

Anglo American marked 2025 as a transformational year by advancing its portfolio simplification and securing a landmark merger agreement with Teck Resources to create Anglo Teck, a global critical min

1 day ago