ZSE-listed tea agro concern, Tanganda Tea Company has posted a net profit growth of ZWL1.4 billion from ZWL1.1 billion for the half-year ended 31 March 2023 despite incurring a huge volume decline acr
Jul 03, 2023
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
Jul 21, 2023
Zimbabwe's economic growth forecast for 2024 has been slashed to 2%, down from the initial projections of 3.6%. This downward revision is primarily due to the impact of the ongoing drought in the regi
May 31, 2024
Willdale Limited, a prominent manufacturer and marketer of clay brick products within the Zimbabwean building and construction sector, has reported a weaker financial performance for the half-year per
Jul 02, 2024
Central Bank has injected US$190 million into the market to stabilize the exchange rate madness that has plagued Zimbabwe's economy. This move is part of a broader strategy to curb the volatility tha
Sep 03, 2024
OK Zimbabwe Limited, the country’s largest retail operator by store count, is seeking to raise up to US$30 million to stabilize its finances amid a brutal operating environment that has pushed it to c
Apr 02, 2025
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
Jun 04, 2025
The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is
Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch
The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g
Largest seed company,Seed Co Limited has recorded a 59% drop in sales volumes for the first quarter ended 30 June 2025, according to the company’s latest trading update. The drop was driven by the ab
Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th
People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat
The 2025 Mid-Term Budget and Economic Review, themed "Building Resilience for Sustained Economic Transformation," sets the stage for Zimbabwe’s fiscal and economic trajectory in the second half of the
President Donald Trump’s new tariff regime kicks off today, on the first of August 2025, with Zimbabwe facing a 15% ad valorem tariff on its exports to the United States, moderated from an initial pro
