Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

The Zimbabwe dollar experienced its most significant decline, not only after the disputed election but since the start of July, indicating a rise in the injection of Zimbabwe dollar liquidity into the

Zimbabwe's statistics agency, ZIMSTAT, says the month-on-month inflation rate in October 2023 increased to 2.5%, which is 1.5 percentage points higher than the September 2023 rate of 1%. This means th

In October 2023, Sibanye-Stillwater, a multinational mining company, implemented a restructuring process aimed at reducing costs, which could potentially lead to the loss of over 4,000 jobs and the cl

TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf

Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This

The macroeconomic headwinds arising from the government's implementation of price controls have dented the sales performance of OK Zimbabwe, the country's leading retail gem. However, the company has

Seed Co Limited, Zimbabwe's largest seed company, has started the 2025 fiscal year on a positive note, reporting increased sales volumes, revenue, and operating profit in its first quarter. This enco

WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11%  to its year-to-date revenue in a trading update for the period ended 30 Sept

The Zimbabwe’s economy faces a turbulent 2025, with the local currency, the Zimbabwe Gold (ZWG), expected to depreciate by an alarming 110% in FY2025, Government 2025 Budget reviews. This grim foreca

During the close of the second week of January 2025 (10/01/2025), the local currency has traded at an exchange rate of 26.0579 against the US dollar, reflecting a slight depreciation from the opening

The Zimbabwe Gold (ZiG) has exhibited a consistent downward trajectory, recording a decline for three consecutive weeks, settling at 26.4565 during the week ended 14 February 2024. However, these are

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

The global economy stands at a crossroads, with trade tensions casting a long shadow over its prospects. The Organisation for Economic Co-operation and Development (OECD) released its latest economic

Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on

South Africa’s inflation rate plummeted to 2.7% in March 2025, down from 3.2% in February and below analysts’ expectations of 2.9%, marking the lowest level since June 2020 and falling below the Sout

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

As we entered 2025, expectations for the US economy soared to their highest levels in over two years, fuelled by widespread belief that strong growth and significant asset-price increases would persi

Construction firm Masimba Holdings, listed on the Zimbabwe Stock Exchange (ZSE), has recorded a 43% decrease in revenue to $8.1 million for the first quarter ended March 31, 2025, from $14.3 million i