Diversified ZSE-listed company, Fidelity Life, has reported an after-tax profit of ZWL90 billion during the first quarter of the 2024 financial year, up from ZWL45.5 billion in the previous year. This

African Sun Limited (ASUN), the largest hotel group, has started the 2024 fiscal year with a narrower loss position, down 32% year-over-year. In its latest trading update, ASUN reported a loss before

After securing a US$15 million loan facility from the African Development Bank, NMB Bank Zimbabwe Limited has reported strong financial performance largely constituting high total income, an expanded

FBC Holdings, the fourth-largest bank by loan book in Zimbabwe, has completed the takeover of Standard Chartered Bank Zimbabwe (Stanchat). FBC plans to transform the acquired business into a powerhous

Embattled loss-making company RioZim, once a renowned gold producer, has suffered a staggering full-year 2023 loss of ZWL95.8 billion, up significantly from ZWL20 billion the previous year as the comp

Innscor Africa Limited, a blue-chip firm listed on the Zimbabwe Stock Exchange (ZSE) and the largest food processor in the country, has reported a 23% contraction in the performance of its downpacked

Trading loss shoot to ZWL46 billion from ZWL36 billion in trading profit Operating loss of ZWL81 billion from an operating profit of ZWL38 billion However, it achieved an after-tax profit Harare- In a

he Central Bank of Zambia hiked its benchmark interest rate by 100 basis points to 13.5% during its regular meeting on the 15th of May 2024. This represents the highest interest rate since April 2017.