Turnall Holdings Limited has successfully generated ZWL36.947 billion through its rights offer, which the company sees as crucial for improving its financial situation. In a trading update released o
Aug 30, 2023
Pick n Pay, the prominent South African grocery and retail group which has a partnership with TM Supermarkets in Zimbabwe, a Meikles subsidiary, has unveiled a significant strategic plan that could re
May 29, 2024
Pick n Pay, a leading South African retailer, has successfully raised a substantial R4 billion (US$218 million) through a rights offer that was oversubscribed, reflecting strong investor confidence in
Aug 08, 2024
Padenga Holdings Limited, Zimbabwe's third-largest gold producer, has recorded a 25% increase in gold output for the half-year period to June 30, 2024, to 1,351 kilograms, the highest in half-year per
Zimre Holdings Limited (ZHL Group) is planning to expand its footprint in North Africa, tapping into the vast opportunities presented by the African Continental Free Trade Area (AfCFTA). The group re
The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c
Rainbow Tourism Group (RTG), the second-largest hotel group after African Sun, has achieved a remarkable occupancy rate of over 50% in the six months ended 30 June 2024. This marks a historic milest
Unifreight Africa Limited is strategically diversifying its operations to mitigate the challenges posed by rising operating costs, which surged by 12% in the first half of 2024. This increase, driven
Zimbabwe’s trade deficit has narrowed for the first time in a while, reaching US$198.7 million, a 27.7% decrease from the July 2024 deficit of US$274.9 million. The country has not recorded a trade su
Zimbabwe's gold exports made a significant leap in August 2024, accounting for 37.9% of total exports, up from 34.2% in July and 30.5% in June, according to Zimstat's latest data. May still holds the
Dairibord Zimbabwe Limited, the largest milk processor has posted a satisfactory performance in the first half of 2024 (HY24), despite encountering tax increases and currency challenges during the per
