Search results for 'development'
Mining
China's Metal Pricing Influence: Implications for African Miners and Governments in a Changing Landscape
The London Metal Exchange (LME) plans to introduce new metals contracts based on prices from the Shanghai Futures Exchange (SHFE), according to Reuters. This collaborative effort if it consummates cou
Dec 19, 2023
Zimbabwe
TSL Limited's FY 2023 Performance Reflects Resilience Amid Challenging Economic Environment
TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf
Jan 31, 2024
Zimbabwe
What Does Revival of Bilboes Mean for Zim's Gold Arena in Near and Long Term?
Caledonia Mining Corporation has announced that it will revive the Bilboes Mine operations in Zimbabwe through a single-phase development approach, a decision expected to provide improved cash generat
Jun 05, 2024
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph
Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok
Jun 11, 2024
World
$80 Million Partnership: Unpacking CBZ, Afreximbank’s Landmark Financing Agreement
BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of
Jun 17, 2024
Companies
Shumba Energy Advances Key Energy Projects in Botswana Amidst SADC Region's Power Needs
In its latest quarterly market update for the period ended 30 June 2024, Shumba Energy Ltd., an energy development company based in Botswana, has provided an in-depth look into its ongoing projects an
Jul 29, 2024
Zimbabwe
Water Levels at Critical Point: Kariba Dam on ‘Brink of Collapse’, Leave Millions in Darkness
imbabwe is teetering on the precipice of a catastrophic power crisis, with the situation at the Kariba Dam reaching a terrifying nadir. As of August 19th, 2024, water levels have plummeted to a criti
Aug 19, 2024
Companies
Zimplats to Commission 35MW Solar Plant, First Phase of Ambitious 185MW Renewable Energy Project
In a significant stride towards energy security and sustainability, Zimplats, the largest corporate entity in Zimbabwe, is set to commission its groundbreaking 35MW solar power plant in the first quar
Aug 26, 2024
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss
First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a
Sep 25, 2024
Top Stories
Tigere REIT Leads Peers with Doubled Q1 Net Property Income, Four Yield Accretive Acquisitions Planned for 2026
Tigere Real Estate Investment Trust has once again set the pace among Zimbabwe's listed REITs, delivering a standout first quarter performance that reflects its dominance over smaller and newer peers
Apr 09, 2026Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026Eagle REIT Executes Major Portfolio Expansion Despite Lower Reported Profit from Reduced Stand Sales
Eagle Real Estate Investment Trust, Zimbabwe's first dollar listed reit, has delivered a textbook development-focused performance in 2025, prioritising long-term value creation over short-term trading
Apr 09, 2026Morgan & Co ETF Delivers 21% Return and Strong Real NAV Growth in 2025, Despite Trailing Broader Market
The Morgan & Co Made In Zimbabwe Exchange Traded Fund has posted a solid 21% total return for the year ended 31 December 2025, generating a meaningful positive real return after comfortably beating ye
Apr 09, 2026FBC Holdings Reports 84% Profit Jump , Core Trading Income Surges 34% and Now Dominates Revenue Mix
FBC Holdings Limited has delivered a markedly stronger underlying performance in 2025, posting an 84% increase in profit before tax to ZWG 815.2 million from ZWG 443.7 million the prior year, while pr
Apr 09, 2026
