In concluding, the FIU said it has directed financial institutions to unfreeze all accounts and other financial assets that had been frozen pursuant to the directive of March 31, 2023. The unfreezing
May 16, 2023
On the latest RBZ-governed auction market held on September 26, 2023, the Zimbabwe dollar experienced a weakening, reaching ZWL5252.6558. This depreciation further reinforces the losses from the previ
Unifreight Africa Limited, a transportation and logistics company, has reported a half-year loss for the period of six months ended 30 June 2023, as stated in the latest financial results of the Group
Zimbabwe's daily electricity generation dipped to 1556 megawatts from the previous day's record of 1681 megawatts, as reported by the Zimbabwe Power Company in its latest data release. Hwange Power S
Padenga Holdings Limited, a diversified company listed on the Zimbabwe Stock Exchange, reported an increase in its gold and crocodile volumes output during the six months that ended on June 30, 2023.
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
Zimbabwe's electricity generation reached its highest output on September 25th, as reported by the Zimbabwe Power Company. This is the highest outturn in three months. A total of 1681 megawatts was
The global sugar industry is currently grappling with adverse El Nino weather conditions, leading to a substantial projected deficit in major producing countries such as Europe, China, India, Thailand
Cottco Holdings Limited has announced in its trading update for the year ending August 31, 2023, that the government is edging closer to obtaining an additional controlling stake in the company. Prese
