Zimplow Holdings, Zimbabwe's leading supplier of tires, mining, and agricultural equipment, has projected that it will not achieve profitability in FY2024, although a near break-even outcome would be

In the half-year period ended September 30, 2024, National Tyre Services (NTS) reported a substantial decline in both volume and sales figures, attributed to a myriad of factors such as supply chain d

The Ministry of Finance in Zimbabwe has unveiled the National Venture Capital Company of Zimbabwe (NVCCZ), an ambitious initiative aimed at catalysing economic expansion through the provision of equit

The Zimbabwe Investment and Development Agency (ZIDA) has successfully achieved its goal of fully digitalising its operations in the fourth quarter of 2024, according to its latest Q4 2024 report. Th

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

The Confederation of Zimbabwe Retailers (CZR) has formally solicited the intervention of President Emmerson Mnangagwa to salvage the remaining components of the structured retail and wholesale sector

Zimbabwe’s month-on-month inflation rose sharply in January 2025, both in US dollar terms and ZiG terms, according to the latest data released by the country’s statistics agency, Zimstat. The ZiG mon

The highest banking authority, Reserve Bank of Zimbabwe released its 1HY2025 Monetary Policy Statement on the 6th of February 2025, articulating monetary development and policies that will underpin th

ART Holdings has reported a challenging first quarter for the three months ended December 31, 2024, with both sales volumes and revenue experiencing significant declines. Sales volumes decreased by 13

Simbisa Brands Limited, a leading fast-food outlet listed on the Victoria Falls Stock Exchange, is set to enhance supply chain efficiencies and negotiating with suppliers on raw material prices as par

Meikles Limited showcased a notable recovery in its third quarter ended 30 November 2024, reversing the underperformance seen in the first half of FY2025. This turnaround was driven primarily by impr

TSL Limited , a diversified holding company with interests in tobacco auctioning, printing and packaging, agricultural inputs, storage and distribution, and services has embarked on a significant rest

Ariston Holdings, a Zimbabwean agribusiness, has strategically reoriented its revenue focus from export markets to domestic sales in response to rising operational costs and restrictive export policie

Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf  in 2025. Under the nation's dual-currency set

he European Investment Bank (EIB Global), in partnership with Stanbic Bank Zimbabwe, has unveiled a €20 million ($21 million) credit facility aimed at bolstering Zimbabwean small and medium enterprise

The European Union (EU) is set to host a business forum in Zimbabwe from 20 to 22 May 2025, focusing on key sectors driving Zimbabwe’s economic growth, including agriculture, renewable energy, and min

Tobacco Sales Limited (TSL) reported a mixed performance for Q1 2025, ended 31 January 2025 with a notable 9% revenue decline across its operations, primarily due late inset of rainfall which affected

Padenga Holdings Limited,  Zimbabwe’s second largest gold producer  has allocated a US$30 million investment plan for 2025 to ramp up gold production and streamline operations according to the latest

Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles, reported a widened net loss of US$2.9 million in FY2024, up from US$1.5 million the previou

The 12th edition of the Africa CEO Forum (ACF) has kicked off in Abidjan, Côte d’Ivoire yesterday and still  ongoing  with the summit concluding today. Co-hosted by Jeune Afrique Media Group and the