ZSE-listed tea agro concern, Tanganda Tea Company has posted a net profit growth of ZWL1.4 billion from ZWL1.1 billion for the half-year ended 31 March 2023 despite incurring a huge volume decline acr
Jul 03, 2023
Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re
Jul 21, 2023
Zimbabwe's economic growth forecast for 2024 has been slashed to 2%, down from the initial projections of 3.6%. This downward revision is primarily due to the impact of the ongoing drought in the regi
May 31, 2024
Willdale Limited, a prominent manufacturer and marketer of clay brick products within the Zimbabwean building and construction sector, has reported a weaker financial performance for the half-year per
Jul 02, 2024
Central Bank has injected US$190 million into the market to stabilize the exchange rate madness that has plagued Zimbabwe's economy. This move is part of a broader strategy to curb the volatility tha
Sep 03, 2024
OK Zimbabwe Limited, the country’s largest retail operator by store count, is seeking to raise up to US$30 million to stabilize its finances amid a brutal operating environment that has pushed it to c
Apr 02, 2025
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
Jun 04, 2025
ioZim Limited, once a powerhouse in Zimbabwe's mining sector and the third-largest gold producer in 2020 just behind Caledonia and Freda Rebecca, has endured a prolonged period of decline marked by op
Nov 04, 2025
Dangote Petroleum Refinery plans to pursue a secondary listing in New York after doubling its Nigerian refining capacity to 1.4 million barrels a day, extending a capital-raising programme that has al
First Mutual Holdings has recorded a 222% increase in first-half profit, which also conceals a weaker performance from its core insurance operation, with investment returns and property revaluations p
Meikles Limited is progressing the disposal of its 50% Victoria Falls Hotel operating interest, 28 years after acquiring the stake in 1998. The Zimbabwe Stock Exchange-listed group holds interests in
Zimbabwe’s gold sector has moved into its strongest position yet to achieve the Government’s 50-tonne target for 2026 after Fidelity Gold Refinery received 5.11 tonnes in August, taking cumulative del
Mutapa Energy Resources is moving Sandawana towards large-scale lithium processing with a planned US$300 million concentrator and a separate US$400 million lithium sulphate project, giving Zimbabwe's
he Zimbabwe Energy Regulatory Authority raised the maximum diesel price to US$2.08 per litre from US$1.95, effective 17 September, placing the regulated fuel price back above the US$2 mark reached dur
Zimbabwe's solar investment is moving beyond the question of how to keep the lights on, with farmers, manufacturers, miners and other businesses increasingly using private generation to protect produc
Zimbabwe is joining a six-country SADC initiative to explore pooled procurement of medicines and health commodities, opening a new route for the country to increase purchasing power and potentially de
