China consumed over 54 million tonnes of citrus fruits in 2021, accounting for about 34% of total citrus consumption globally. The sheer size of the Chinese market signals a huge export potential for

Trading conditions remained difficult in South Africa, PPC’s largest market, with cement volumes down 5.8% although selling prices rose 8%. The smaller materials business suffered an EBITDA loss of R6

The Zambian unit of Pan African group Liquid Intelligent Technologies has reported a sharp growth in revenue for the financial year 2023. The subsidiary reported a double-digit growth of 18% in total

The Zimbabwe dollar has appreciated to ZWL5395.9619 on the latest auction market held on the 4th of July 2023, notching up 17% gain from ZWL6326.5877 traded last week per dollar. This is the biggest

Dairibord Zimbabwe Limited, the largest milk processor listed on the Zimbabwe Stock Exchange, has made a bullish outlook based on recent investments that are expected to boost production and enhance p

Zimplow Holdings Limited has announced that it will be delisting from the Zimbabwe Stock Exchange (ZSE) on July 12, 2023, followed by its listing on the US Dollar-denominated Victoria Falls Stock Exch

Diversified agricultural concern, Zimplow Holdings Limited's shares will lastly trade on the Zimbabwe Stock Exchange (ZSE) today and it will be listed on Friday on the US dollar-denominated bourse, VF

The Zimbabwe dollar has sustained a recovery trend, firming to ZWL4998.8352 in the latest auction market held on July 11, 2023, with an 8% week-to-date increase. This marks one of the strongest perfor

The report highlights the company's strong balance sheet, with cash on hand increasing by US$36.8 million to US$242.6 million, resulting in a net cash position of US$141.5 million, which will support

The concrete foundation pouring is progressing well, with earthworks nearing completion. The pilot mining has commenced, and operational tests will soon begin. Long-lead items manufacturing is progres

The Zimbabwe dollar has sustained the recovery trend on formal market after firming by 5% on the latest auction market from ZWL4998.8352 during the previous week to ZWL4771.3854 during the week under

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

Mining firm, Caledonia Mining Corporation has halted the Bilboes Mine operations as the project is not generating sufficient revenues or cash flows to justify its continuation. The halt is effective O

Tongaat was recently at the centre of a storm involving accounts manipulation and gross mismanagement by the management, which dearly costed the company. Over the recent past, the Rudland brothers hav

Victoria Falls Stock Exchange (VFEX) has achieved noteworthy accomplishments and capital raising since its inception in 2020. VFEX is a subsidiary of the Zimbabwe Stock Exchange. VFEX's remarkable per

The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,

On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement

Preeminent retailer, OK Zimbabwe Limited, has once again deferred the announcement of its full year results, which were originally slated to be released on or before 31 March 2023, and were subsequent

The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr

Nedbank Zimbabwe becomes the first AMEX Acquirer in Zimbabwe 40% of tourists to Zimbabwe carry American Express cards Amex Card Holders spend three times more than non-cardmembers Harare - Nedbank Zi