Hospitality concern, Rainbow Tourism Group (RTG) is eyeing a strategic acquisition to expand its business and enhance shareholder value. In a cautionary statement, the Group said the acquisition inv
Jul 07, 2023
Rainbow Tourism Group Limited, a prominent player in the hospitality sector listed on the Zimbabwe Stock Exchange has released its fourth cautionary statement regarding the ongoing negotiations for th
Sep 18, 2023
Caledonia Mining Corporation and Padenga Holdings released their third-quarter performance reports this week, with both companies edging closer to their annual targets. Padenga, currently the third-l
Caledonia Mining Corporation, the second-largest gold producer reported quarterly revenue of US$46.9 million, bringing its year-to-date revenue for the first nine months of 2024 to US$135.5 million.
Caledonia Mining Corporation, a leading gold producer, has reported a third-quarter gold production of 18,992 ounces from 21,772 ounces produced in the comparable quarter due to lower grade and reduce
DELTA Corporation , the leading beverage manufacture has posted an increase in revenue to $389.1 million for the half year ended September 2024 from US$350.6 last year. This led to a profit after tax
The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio
Delta Corporation, a blue-chip entity listed on the Zimbabwe Stock Exchange (ZSE), has encountered significant headwinds in its sorghum beer segment, resulting in diminished sales volumes domestically
Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th
British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company
