Despite the challenging economic environment marked by inflationary pressures and exchange rate volatility in Zimbabwe, the country still boasts the most expensive fuel prices in the Southern African
May 28, 2024
In a strategic move to strengthen its transport logistics operations, Unifreight Africa Limited has deployed an additional 50 FAW 380FT Truck Tractors with Afrit Tautliner Trailers into the local and
Jun 04, 2024
Zimbabwe's local currency, the Zimbabwean Gold (ZiG), traded at 26.8596 on the 18th of October, down from ZiG26.0692 traded last week Friday against the US dollar. This continues its downward spiral,
The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International
Sub-Saharan Africa's economic growth forecast has been revised downwards to 3% for 2024, primarily due to the devastating impact of Sudan's civil war on the region's economy. This represents a 0.4% d
Grid Africa, a leading renewable energy developer and independent power producer (IPP), has secured a significant equity investment of R50 million from Rifuwo Energy Partners. This funding will accele
Caledonia Mining Corporation's gold output for the third quarter to September 2024 showed a slight decline from the record-breaking production achieved in the same period last year according to the gr
Meikles Limited has appointed Mathew John Moxon as its Acting Chief Executive Officer, effective October 4, 2024. This change follows the departure of Malcolm Mycroft, who vacated the CEO position on
Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus
Masimba Holdings has achieved significant milestones in the first half of 2024, despite operating in a tough environment characterized by liquidity constraints and heightened exchange rate volatility.