imbabwe Stock Exchange-(ZSE) listed forestry products outfit, Border Timbers Zimbabwe Limited has shifted its growth focus to the regional markets and beyond after productivity flopped in the local ma
Nov 15, 2022
All business owners have a fear of inflation. They claim that cost increases pose the largest threat to their business. In order to combat this, business owners must raise prices to cover the effects
Feb 28, 2023
Nampak Zimbabwe, the packaging firm, displayed impressive financial growth as its revenue surged by a remarkable 46% to ZW$573.78 billion for the full year ending on September 30, 2023. This substanti
Jan 09, 2024
Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las
Feb 06, 2024
Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This
Feb 08, 2024
Anheuser-Busch InBev (AB InBev), the global brewing giant with a stake in Delta Corporation, Zimbabwe's largest beverage company, recently announced its financial results for the 1st quarter of 2024.
AFC Commercial Bank, one of the leading Commercial banks in Zimbabwe, has partnered with Intellect Global Consumer Banking (IGCB) to modernize its banking operations by implementing an Intellect Digit
Fidelity Life, a diversified assurance company, achieved a significant milestone by surpassing ZWL 100 billion in net profit for the first time. During the 12-month period ended 31 December 2023, net
CBZ Holdings, a blue-chip company listed on the Zimbabwe Stock Exchange and known for its flagship asset, CBZ Bank, has experienced a substantial increase in monetary losses for the fiscal year ended
ZECO, a company owned by flamboyant businessman Philip Chiyangwa, has significantly reduced its annual losses for the full year ended 31 December 2023 by 84%, with a loss of ZWL3 billion compared to
After the closure of the renowned Kingdom Hotel in Victoria Falls, African Sun (ASUN), the leading hotel group, experienced a period of below-average performance. The loss of the 294-roomed Kingdom Ho
ts Holdings Limited, the largest corporate entity in Zimbabwe, has reported stable quarter-on-quarter growth during the third quarter ended in March 2024. On a year-on-year basis, mining and milled vo
Zimbabwe's currency, Zimbabwe Gold (ZiG), has emerged as the strongest currency in the Southern African Development Community (SADC) region. It traded at ZiG13.4190 per dollar, surpassing the South Af