From 26.65 last week, the Zimbabwe Gold (ZiG) has further depreciated to 27.44 on a week-on-week basis, according to the latest data released by the Central Bank. Since its devaluation of 43% in a sin

According to Statista, India leads global sugar consumption, followed closely by the European Union and China. By 2024/2025, global sugar consumption is projected to reach 182 million metric tons. Bra

RioZim, formerly a leading gold producer, has reported a dismal half-year performance for the period ending June 30, 2024, characterized by declines in both production and earnings. This underwhelming

ECO Holdings, a loss-making real estate and property company, has reported a decline in shop occupancy rates during the third quarter ended September 30, 2024, despite achieving moderate revenue growt

The iconic Monomotapa Hotel has officially been placed on the market, as announced by its parent company, African Sun. This development was disclosed through a circular posted on the Victoria Falls St

This was achieved despite liquidity challenges during the quarter as the government tightened spending in local currency through elevated interest rates which curtailed borrowing. The company was awa

he gold sector has achieved remarkable advancements in gold sales, having already surpassed last year's figures. November’s gold deliveries experienced a significant uptick, reaching 3,766 kg more tha

Gold has long been recognized as a strategic asset, playing a pivotal role in the construction of well-diversified investment portfolios. According to World Gold Council, Its unique characteristics m

Simbisa Brands has strategically appointed David Mudzengi as the Group Finance Officer, effective 1 February 2025. With over 17 years of robust experience in executive leadership, he succeeds Baldwin

The Zimbabwe Revenue Authority (ZIMRA) has launched a new system, the Employee Management Module (EMM), which will be used for the January 2025 Pay As You Earn Return (PAYE). This module is aimed at

he Reserve Bank of Zimbabwe (RBZ) has introduced a transformative policy aimed at formalizing the informal trading sector and promoting digital transactions. Effective immediately, local authorities

The Zimbabwe Gold (ZiG) experienced a downward trajectory over two consecutive weeks, depreciating to 26.4072 against the US dollar on February 7, 2025, from 26.3656 on January 31, 2025, reflecting a

Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO),  Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of

Tigere Property Fund, Zimbabwe’s pioneering Real Estate Investment Trust (REIT), is set to acquire the Greenfields Retail Centre in the third quarter of 2025 (Q3 2025). This comes after the company,

Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st

Zeco Holdings, a perennial loss maker, has capped full year 2024 with a widened loss despite revenue growth, reporting a deficit of ZWG 549,281, up sharply from ZWG 254,334 in 2023. Yet, the company

Ariston Holdings Limited, a diversified agricultural company listed on the Zimbabwe stock exchange (ZSE), has reported a 3% increase in macadamia production to 1, 395 tonnes for the year ended 30 Sept

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a US$57.2 million loss for the full year e

Zeco Holdings, a perennial loss maker has seen yet another sluggish start to FY2025 with occupancy rate declining, despite a shift to real estate in 2022. Despite the sector offering solace to investo

British American Tobacco (BAT) Zimbabwe, a prominent player listed on the Zimbabwe Stock Exchange (ZSE), kicked off fiscal year 2025 with a sluggish performance in the first quarter. The company repor