Turnall Holdings Limited has successfully generated ZWL36.947 billion through its rights offer, which the company sees as crucial for improving its financial situation. In a trading update released o
Aug 30, 2023
Pick n Pay, the prominent South African grocery and retail group which has a partnership with TM Supermarkets in Zimbabwe, a Meikles subsidiary, has unveiled a significant strategic plan that could re
May 29, 2024
Pick n Pay, a leading South African retailer, has successfully raised a substantial R4 billion (US$218 million) through a rights offer that was oversubscribed, reflecting strong investor confidence in
Aug 08, 2024
Zimbabwe’s inflation in July surged in both ZiG terms and US dollar terms driven by a unique blend of domestic policy shifts and external pressures. According to the latest trade data from Zimstat, a
Delta Corporation, Zimbabwe’s largest beverage manufacturer has recorded a 25% year on year increase in revenue for the first quarter ended 30 June 2025 according to its latest update. The growth was
Afdis, Zimbabwe’s leading spirits and wine producer, has commended the government’s anti-smuggling initiatives, which have significantly boosted the company’s performance in the first quarter ending J
A concerning surge in illicit capital inflows and fuel arbitrage, is increasingly being channelled into Zimbabwe’s urban commercial property market, including the real estate investment trust (REIT) s
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
Alternative assets, like private equity, private credit, and hedge funds, are becoming a bigger part of how people invest their money. Experts predict that by 2029, these assets could be worth nearly
Tanganda Tea Company Limited has scrapped its long-standing plan to create a new class of shares and list them on the Victoria Falls Stock Exchange (VFEX), opting instead to raise US$8 million through
The Zimbabwe Stock Exchange Limited (ZSE) has officially terminated the listing of Truworths effective 22 July 2025, following a series of developments that reflect the challenging operating environme
