Search results for 'FY2024'
Zimbabwe
Impala Platinum Holdings Shines Amidst Challenges, Reports Strong Production Growth in H1 FY2024

Impala Platinum Holdings reported a gross Group 6E production increase of 18% to 1.90 million 6E ounces compared to the same period last year. This growth was primarily driven by improved production f

Jan 31, 2024
Companies
Zimplow Projects Break-Even in FY2024, Eyes Recovery in 2025

Zimplow Holdings, Zimbabwe's leading supplier of tires, mining, and agricultural equipment, has projected that it will not achieve profitability in FY2024, although a near break-even outcome would be

Dec 06, 2024
Companies
Caledonia’s FY2024 Gold Production Meets Analyst Expectations, Cut FY2025 Guidance Despite Circa US$50 Million Capex fro 2025

Caledonia Mining Corporation's FY2024 output of 76,656 ounces has fallen within analyst expectations, amidst a significant capital expenditure program of approximately $41.8 million earmarked for 2025

Jan 14, 2025
Companies
El Niño, Power Failures Weigh on NamPak: Only Plastics Unit Bucks the Trend in 2024

NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company

Jan 30, 2025
Companies
Forex Surrender Rules Slash Proplastics’ Export Share to 4% in FY'24 , Profit More Than Doubles

Proplastics, a leading Zimbabwean plastic pipe manufacturer, reported a profitable FY2024, with profit after tax surging to USD1.2 million from USD520 thousand, according to its latest  financial res

Apr 09, 2025

Top Stories

Fuel Prices Edge Below US$2 , Is it a Temporary Relief or End of the Hike Cycle?

The Zimbabwe Energy Regulatory Authority (ZERA) has reduced fuel pump prices effective 19 June 2026 with diesel (D50) dropping to US$1.99 per litre from US$2.09, while blended petrol (now E20) falling

8 hours ago

ZIMRA’s New Rules on Buying Second-Hand Cars: What Is Missing?

The Zimbabwe Revenue Authority has advised  members of the public to confirm the customs clearance details of second-hand motor vehicles before making payment to sellers according to the latest circul

Jun 18, 2026

POSB, AFC Insurance Partner as Mutapa’s Integrated Finance Push Takes Shape

People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

Jun 18, 2026

Zimbabwe’s Vehicle Industry Revival: Can Century Auto’s US$10m Injection Turn the Tide?

Century Auto Assembly, operating under Bronzepels Investments, is within weeks of commencing production at its USD 10 million vehicle assembly facility in Mt Hampden, Mashonaland West Province. The pl

Jun 18, 2026

Zimbabwe Completes 143 Projects as Energy and Lithium Capacity Anchor First 100-Day Cycle

Zimbabwe has completed 143 of 242 projects in its First 100-Day Cycle of 2026, covering the period 9 February to 19 May 2026, with the remaining 99 described in the End of Cycle Report as nearing comp

Jun 17, 2026

Can Zimbabwe Break the Cycle of False Dawns in Vehicle Assembly?

Century Auto Assembly (Pvt) Limited’s US$10 million vehicle assembly plant in Mt Hampden, Mashonaland West Province, now stands at an advanced stage of completion and is preparing to commence producti

Jun 16, 2026

A Turning Point for Zimbabwe’s Fertiliser Sector: Inside Broxmen’s US$500 Million Investment

hinese investor Broxmen Industrial Park, also known as Broxmen Investments and operator of the Sunny Yifeng tile manufacturing plant in Norton, is set to invest US$500 million in the development of a

Jun 16, 2026

Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation

Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an

Jun 16, 2026