CFI Holdings has faced significant challenges in its operations, citing high competition from unregistered informal market players and the impact of drought conditions in the six months to 31 March 20
Jul 31, 2024
Zimbabwe’s second largest retailer, Meikles Limited with stores trading as TM Pick n Pay in both US dollar terms and local currency terms as the sector continues facing unsatiable competition from the
Feb 28, 2025
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
Botswana, often celebrated as a model of economic stability and prudent governance in Africa, is confronting a severe economic crisis precipitated by a sharp decline in global diamond prices. The Af
Khayah Cement creditors have approved a plan to delist the company from the Zimbabwe Stock Exchange, a move that sets the stage for majority shareholder Fossil Mining to potentially exit its investmen
Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has begun FY2025 with a robust performance, demonstrating resilience and growth in both its gold mining and agricultural divisions.
Zimbabwe’s power generation has increased, according to the latest update by the Zimbabwe Power Company (ZPC). Data posted by ZPC shows that output has rose to above 1400 MW from around and below 900
Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe, has invested 1 million in the first quarter of 2025 for hotel refurbishments according to its latest trading update.
The Tobacco Industry and Marketing Board (TIMB) in Zimbabwe has launched a pivotal debt relief program under the Tobacco Inputs Credit Scheme (TICS), announced on May 20, 2025, to bolster the liveliho
CAFCA, the only listed cables manufacture has reported a steep 72% decline in profit after tax for the half-year ended 31 March 2025, falling to ZWG15.7 million from ZWG58.2 million in the same period
