The project is now expected to commence production in the first half of 2028, a year later than previously planned. Capital costs have also increased by 25% to $683 million.
Jul 19, 2023
The company has signed amended documentation relating to its senior secured project financing debt package, which amounts to US$220 million. Under the amended agreement, the repayment profile has be
Jan 10, 2024
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
Hippo Valley Estates is pressing Government to restore sugar to zero rated VAT status as the producer operates at about 75% capacity and looks for room to raise output, employment and productivity. C
Unifreight Africa has converted a sharp improvement in collections into a major fleet expansion during the first half of 2026, with net operating cash flow rising to ZWG101.5 million from ZWG9.8 milli
British American Tobacco Zimbabwe has cut selling and administrative expenses by almost US$858,000 during the first half of 2026, allowing operating profit to increase 2% to US$6.75 million as weaker
British American Tobacco Zimbabwe, the country’s largest cigarettes maker has generated only US$1.41 million in net operating cash during the first half of 2026, down 82% from US$7.92 million a year
