Search results for 'manufacturing sector'
World
China's Sluggish Demand: A Concern for Global Markets?

China’s factory-gate prices recorded their fastest fall in seven and half years in June while consumer inflation was at its slowest since 2021. The producer price index marked its steepest decline sin

Jul 10, 2023
Companies
Proplastics Export Sales Fall to 1%

Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due

Sep 17, 2024
Companies
National Foods Defy Odds: Earns Over US$100M Revenue in Just 3 Months, Despite Changes in VAT, Power Woes

National Foods, the country's leading food producer, achieved a remarkable milestone, surpassing the US$100 million mark in just three months of FY2025 (Q1), despite challenges posed by power outages

Nov 19, 2024
Companies
Proplastics CEO, Kudakwashe Chigiya Resigns, Paschal Changunda Appointed Acting Leader

Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO),  Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of

Mar 03, 2025
Companies
Proplastics Sees 11% Production Boost in Q1 25

Proplastics Limited, a Zimbabwe Stock Exchange listed plastics manufacturer and distributor, has reported a 11% jump in production for the first quarter of 2025, according to its latest trading update

May 06, 2025
Zimbabwe
Zimbabwe’s Electricity Supply Improves as More Units Back Online

Zimbabwe’s power generation has increased, according to the latest update by the Zimbabwe Power Company (ZPC). Data posted by ZPC shows that output has rose to above 1400 MW from around and below 900

May 21, 2025

Top Stories

Gold Monthly Commentary: Gold Closes In on New Highs

Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a

10 hours ago

Implats Eyes Growth with Optimised Operations at Zimplats and Rustenburg

Impala Platinum Holdings Limited (Implats) a leading South African platinum group metals (PGM) producer plans to redefine its volumes  from improved processing availability at Impala Rustenburg and Zi

16 hours ago

Gold Shoulders Economy, Deficit Nearly Extinct

Zimbabwe has achieved a historic milestone by recording its lowest trade deficit ever in July 2025, with the deficit plummeting by 94.5% to USD 8.7 million from USD 158.6 million in June 2025. This pe

1 day ago

NMBZ Loan Book Surges 18% as Bank Bets on Exporters

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

Sep 02, 2025

Zimbabwe’s Dual-Currency Inflation Eases: ZiG, USD Show Downward Trend

Zimbabwe’s inflation, measured in both ZiG (Zimbabwe Gold) and US dollar terms, experienced a significant decline in August 2025, signaling improved macroeconomic stability. According to Zimstat, an

Aug 31, 2025

FBC Holdings Reshapes Revenue Model, Prioritizes Core Operations

FBC Holdings Limited has embarked on a strategic transformation, shifting its revenue base away from volatile hedging and investment revaluation gains toward sustainable core income streams, signallin

Aug 29, 2025

Mash Holdings’ Rental Income Grows 15% Spurred by New Tenants at Pomona Centre

Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), reported strong rental income growth in the first half of 2025,  by its developme

Aug 28, 2025

Invictus Energy’s Share Price Rally Biggest Since 2023 After Al Mansour’s US$25M Investment, US$500M Future Commitment

Invictus Energy, an Australian-listed exploration company with a market capitalisation of approximately US$55 million, experienced a dramatic surge in its share price, rising from AUD 0.050 on August

Aug 27, 2025