Search results for 'Liquidity Crisis'
Zimbabwe
RBZ Introduces Targeted Finance Facility to Ease Liquidity Crisis

The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe has introduced a Targeted Finance Facility (TFF) In a bid to alleviate the current liquidity crisis on targeted sectors. This facil

Dec 04, 2024
Companies
OK Zimbabwe to Sell 7 Properties in Desperate Cash Grab

OK Zimbabwe has sold shareholders on a US$10.5 million property-disposal plan following a pivotal vote at an Extraordinary General Meeting (EGM), marking the country’s largest grocery retailer’s lates

Jul 22, 2025
Companies
Econet Flags “Gross Undervaluation” as Board Eyes Possible "ZSE Delisting"

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

Dec 08, 2025
Companies
Zimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously

Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an

Apr 07, 2026

Top Stories

Mutapa’s US$100m Darwendale Restart Reworks a Project Stalled by Financing , Sanctions

Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is

7 hours ago

Zimbabwe’s Reserves Reach US$2bn, What It Means for ZiG Sustainability

Zimbabwe's foreign currency reserves reached US$2 billion in September 2026, equivalent to roughly two months of import cover and up from US$1.4 billion in June. The stock gives the Reserve Bank of Zi

9 hours ago

Justin Bgoni’s ASEA Vice Presidency Puts Zimbabwe’s Three Market Strategy on Continental Stage

SE Holdings Group Chief Executive Officer Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association effective 2 October 2026, placing the head of Zimbabwe’s three

17 hours ago

WestProp Extends Minority Exit Offer as Restructuring Enters Final Phase

WestProp Holdings has extended the closing date of its minority shareholder exit offer to 9 October 2026 as the property developer moves into the final execution phase of its restructuring. The revise

18 hours ago

Hippo Sees FY27 Profit 5% to 10% Lower, Revenue Growth to Continue

Hippo Valley Estates expects profit to normalise by about 5% to 10% in FY2027 as the carryover stock that supported an exceptionally strong FY2026 earnings outturn unwinds, according to Finance Direct

19 hours ago

WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%

WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th

1 day ago

Econet InfraCo Makes US$13.7m Profit in First HY Results Since VFEX Listing

Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (

1 day ago

General Beltings Profit Falls 63% in HY26, Credit Constraints Limit Production

General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8

1 day ago