Search results for 'retail'
Companies
The Retail Apocalypse: CZR Pleads for President Mnangagwa's Intervention ‘as Authorities Continue Presenting Misleading Picture of Operational Landscape’
The Confederation of Zimbabwe Retailers (CZR) has formally solicited the intervention of President Emmerson Mnangagwa to salvage the remaining components of the structured retail and wholesale sector
Jan 27, 2025
South Africa
Pick n Pay’s Strategic Pivot: Online Growth Pacifies Physical Store Closures
The global retail landscape is undergoing a seismic shift, driven by the rapid rise of online sales and the gradual decline of traditional brick-and-mortar stores. This trend is reshaping the supermar
Feb 05, 2025
World
Global Gold Weekly Round-Up: Gold Prices Surge Dents Jewellery Demand, Fuels Investment Boom
he gold market has experienced a remarkable rally since the beginning of the year, with prices repeatedly hitting new all-time highs. While this surge has been a boon for investors, it has cast a shad
Feb 24, 2025
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?
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
Mar 13, 2025
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Companies
Edgars Lines Up New Store Openings with Quality Affordable Clothes to Take on Informal Sector
Edgars Stores Zimbabwe Limited, a prominent fashion retailer established in 1946 by Sydney Press, has been a cornerstone of Zimbabwe’s retail landscape for over 77 years, catering primarily to middle
Jul 23, 2025
Companies
Controlled Exchange Rates, ZiG Devaluation Sink Meikles into FY2025 Financial Loss
Meikles Limited, Zimbabwe’s second-largest retailer by store count, reported a significant financial setback in FY2025, plunging into a loss of ZWG 264 million from continuing operations, a contrast t
Jul 29, 2025
Top Stories
Zimbabwe Completes 143 Projects as Energy and Lithium Capacity Anchor First 100-Day Cycle
Zimbabwe has completed 143 of 242 projects in its First 100-Day Cycle of 2026, covering the period 9 February to 19 May 2026, with the remaining 99 described in the End of Cycle Report as nearing comp
Jun 17, 2026A Turning Point for Zimbabwe’s Fertiliser Sector: Inside Broxmen’s US$500 Million Investment
hinese investor Broxmen Industrial Park, also known as Broxmen Investments and operator of the Sunny Yifeng tile manufacturing plant in Norton, is set to invest US$500 million in the development of a
Jun 16, 2026Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
Jun 16, 2026Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
Jun 16, 2026
