African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op
Sep 19, 2024
The iconic Monomotapa Hotel has officially been placed on the market, as announced by its parent company, African Sun. This development was disclosed through a circular posted on the Victoria Falls St
4 hours ago
he Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for November, impacting both petrol and diesel. Petrol prices have risen from US$1.49 per litre in October to U
The Zimbabwe Gold (ZWG) has sustained its upward momentum, appreciating by 4% to 26.90 on October 5, 2024, building on the previous day's 2.4% gain. This cumulative 7% surge over the past two days ma
Zimbabwe's year-to-date tobacco exports have raked in US$1 billion exceeding the US$960 million recorded in 2023 according to Tobacco Industries Marketing Board. The country shipped approximately 187
British American Tobacco Zimbabwe, a prominent manufacturer and distributor of tobacco products, has sustained its comprehensive cost reduction initiative aimed at optimizing operational efficiency an
ECO Holdings, a loss-making real estate and property company, has reported a decline in shop occupancy rates during the third quarter ended September 30, 2024, despite achieving moderate revenue growt
British American Tobacco (BAT) Zimbabwe has posted a dismal half-year (HY) performance for the full year 2024, despite paying over ZWG100 million in government taxes. The leading producer and distrib
After a dismal start to the month, the ZiG has appreciated for the first time in a while, according to the latest data released by the Central Bank. The currency strengthened to 27.99 on November 4 f
