Search results for 'Operating Costs'
Zimbabwe
Starafrica Corporation Faces Uphill Battle Amid Challenging Business Environment

Starafrica Corporation, a prominent participant in the sugar industry, has recently disclosed its performance, which mirrors the multitude of hurdles it encountered during the period ended September 3

Feb 06, 2024
World
Global Gold Prices Set A New Record High

International gold prices have risen to US$2 473 per ounce on the 16th of July 2024, setting a new record high for the bullion price. Previously, a record high was observed on 20 May 2024 when the pr

Jul 17, 2024
Zimbabwe
Exports Trade Mix: Gold Lose Lustre, Nickel Mattes Gain Ground

Zimbabwe's gold exports for June 2024 remained the top export, but fell to 30.5% according to data released by the country's statistics agency, ZIMSTAT. This is down from a higher of 42.8% in May, a

Jul 29, 2024
Zimbabwe
Local Telecom Providers on Brink: Will They Survive Starlink's Arrival?

On 10 September 2024, Zimbabwe's telecommunications regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), announced the licensing of Starlink within the country. In

Sep 12, 2024
Companies
BAT’s New Strategic Focus: Cost Optimization to Mitigate Earnings Crunch

British American Tobacco Zimbabwe, a prominent manufacturer and distributor of tobacco products, has sustained its comprehensive cost reduction initiative aimed at optimizing operational efficiency an

Nov 05, 2024
Companies
ZB Bank Boosts Lending Income 27% Despite Slow Growth: Bets Big on Digital Fixes

ZB Bank Limited, the flagship of ZB Financial Holdings (ZBFH), saw income from lending activities net of recoveries climb 27% to ZWG370 million in 2024 from ZWG292 million in 2023, despite sluggish lo

Apr 03, 2025
Companies
Unki Platinum Mine Sees 15% Production Decline in Q1 2025

Unki Platinum Mine, Zimbabwe’s third-largest platinum group metals (PGM) producer and a flagship operation of Anglo American Platinum (Amplats), reported a 15% production decline in Q1 2025, with outp

Apr 29, 2025
Companies
Meikles Loss Skyrockets 11K% Amid Harsh Retail Climate

Meikles Limited has slipped deeper into the red, with its inflation-adjusted loss for the six months to 31 August 2025 ballooning to ZWG165.7 million, a dramatic surge from the near-break-even positio

Dec 15, 2025

Top Stories

Old Mutual Restores Trading on VFEX, Cements the USD Bourse as Zimbabwe’s Blue Chip Market

Old Mutual’s decision to migrate its suspended secondary listing from the Zimbabwe Stock Exchange to the Victoria Falls Stock Exchange resolves a six year trading freeze for Zimbabwean shareholders an

1 day ago

Zimbabwe's Medical Services Amendment Act: A Noble Premise Built on a Dangerous Assumption

Zimbabwe has gazetted the Medical Services Amendment Act, 2026 on the 7th of July 2026, legally requiring private hospitals to admit and provide emergency treatment to patients with life-threatening c

1 day ago

No Dollars, No Fuel: Mozambique's Crisis Reveals New Energy Risk

Mozambique has established a US$50 million foreign currency payment facility to restore nationwide fuel supplies after months of shortages caused by US dollar liquidity constraints that prevented dist

Jul 10, 2026

Grand Hyatt to Return Kingdom Hotel to Victoria Falls in 2027

Hyatt Hotels Corporation will reopen the former Kingdom Hotel in Victoria Falls as Grand Hyatt Victoria Falls The Kingdom in late 2027 after signing a management agreement with an affiliate of Dubai b

Jul 10, 2026

Gokwe Cotton City: Can Zimbabwe Build a Textile Economy from the Ground Up?

Zimbabwe marketed 5,079,907 kilograms of seed cotton by 18 June 2026. At the same point in 2025, the figure was 310,625 kilograms. That 1,536% difference in early-season marketing volumes is the singl

Jul 09, 2026

Higher Ethanol Blend, Higher Pump Price: How Fuel Prices Compare Globally After ZERA’s Fuel Cuts

Zimbabwe's Energy Regulatory Authority has reduced petroleum prices effective 8 July 2026, bringing diesel from USD 1.99 to USD 1.87 per litre, a reduction of USD 0.12 or 6%, and blend E20 from USD 1.

Jul 09, 2026

How Gastronomy Tourism Can Change Zimbabwe’s Tourism Calculus

Zimbabwe's tourism sector recorded international tourist arrivals of 384,515 in the first quarter of 2026, an 11% increase from 347,555 in the same period of 2025, with total tourism revenue rising 14

Jul 09, 2026

Airport Expansion Repriced Arlington Deal, Transvaal Says

Transvaal Africa has attributed the collapse of its proposed acquisition of part of PPC Zimbabwe’s Arlington Estate to a sequence of legal proceedings, government infrastructure decisions and airport

Jul 08, 2026