The South African rand has taken a hit, depreciating by 2% week on week to trade at 18.8 against the US dollar. The country's power deficits have been the main driver behind the currency's poor perfo

Bridgefort Capital Limited, a diversified entity listed on the Zimbabwe Stock Exchange (ZSE) has managed to reduce its losses for the six-month period ended 30 June 2023. The company reported a loss o

Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i

In a strategic bid to combat the exodus of companies from central business districts (CBDs), Revitus Property Fund has doubled down on its mission to revitalize aging CBD properties and breathe new li

he government has partnered with Homelink, a financial services company, to address the ZiG cash crisis that has bewildered the economy. This crisis has led to a rounding up of previously valued produ

Meikles Limited, one of Zimbabwe's largest diversified conglomerates, has announced that it is seeking shareholder approval for the disposal of certain key assets at a future Extraordinary General Mee

The macroeconomic headwinds arising from the government's implementation of price controls have dented the sales performance of OK Zimbabwe, the country's leading retail gem. However, the company has

Steward Bank, the lone remaining financial services entity within the EcoCash Holdings group, is poised to drive a digital banking expansion through strategic investments in transformative technologie

In the latest mid-term budget announcement, Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, has fallen short of meeting the diverse fiscal expectations of b

aledonia Mining Corporation has made significant strides in promoting environmental, social, and governance (ESG) practices and corporate governance in 2023 by having slashed diesel usage by 62% as pa

Leading bricks manufacturer, Willdale Limited Zimbabwe, has posted a depressed Q3 performance for the third quarter ended 30 June 2024, owing to intensive load-shedding and low working capital. The c

O'MARI, the fintech subsidiary of Old Mutual Zimbabwe, has launched O'mari HomeCare, a groundbreaking digital-first home insurance product designed to make essential coverage more accessible and affor

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

Rising power costs and non-claimable VAT have eroded National Foods' financial gains, highlighting the devastating impact of policy inaction on businesses and low-income households. The company vows t

Zimbabwe's sugar giant, Hippo Valley Estates, is gearing up to introduce advanced technologies and high-yielding sugar cane varieties, poised to transform the industry through improved cane quality.

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

Zimbabwe's year-to-date tobacco exports have raked in US$1 billion exceeding the US$960 million recorded in 2023 according to Tobacco Industries Marketing Board. The country shipped approximately 187

Largest foods processor, Innscor Africa Limited has posted a solid Q1 performance for the period to 30 September 2024. This performance which saw over 90% of its units on the upward trend, sustain gro

National Foods, the country's leading food producer, achieved a remarkable milestone, surpassing the US$100 million mark in just three months of FY2025 (Q1), despite challenges posed by power outages

Zimplow Holdings Limited reported a 12% decline in topline to US$20.6 million, in the thrird quarter to 30 September 2024 compared to the prior year according to the company’s latest trading update.