The South African Rand opened the week on a weaker note against the US dollar, despite the continued imposition of high interest rates. The currency was trading at 18.9 against the US dollar, approach
Sep 25, 2023
The Reserve Bank of Zimbabwe has maintained the bank policy rate at 150% according to the resolutions of the latest monetary policy committee held on September 26th, 2023. This decision comes even tho
Sep 29, 2023
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
