The Zimbabwe Dollar remained relatively stable in the latest auction market held on Tuesday, with minimal changes in its value. The exchange rate shifted from ZWL5738.7217 on November 7th to ZWL5755.7

The diversified VFEX listed company, Padenga Holdings Limited, has achieved a gold output of over 1,500 kilograms during the cumulative nine months leading up to September 2023. This surpasses the out

Turnall Holdings Limited, a tiles manufacturer, reported a 7% decline in sales volumes for the third quarter ending on September 30, 2023. The sales volumes decreased from 9,132 tonnes to 8,526 tonnes

Dairibord Holdings Limited, a milk processor listed on the Zimbabwe Stock Exchange (ZSE), has reported that 93% of its sales for the quarter ended 30 September 2023 were denominated in US Dollars. Cum

Delta Corporation, the dominating force in the beverage industry, has achieved a remarkable milestone by surpassing the historic ZWL1 trillion revenue mark during the half year to full year 2024. Thi

EcoCash Holdings Zimbabwe, has announced its return to profitability for the half-year ended 31 August 2023, marking the first half-year profit since 2019. This is also the first time the Group’s reve

n the upcoming week, the world eagerly anticipates the release of crucial economic data and key events from major economies, including the United States, China, Eurozone, Canada, Japan, and the United

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

African Distillers, a manufacturer of spirits and wines listed on the Zimbabwe dollar denominated exchange ZSE, maintained a steady growth rate of 11% in its volumes after achieving the same growth i

As the popular saying goes, a soldier's true worth is often unseen during times of peace within a country. It is only when a devastating attack disrupts the tranquility and threatens human well-being

ZECO, an ailing company listed on the Zimbabwe Stock Exchange and known for its consistent financial losses for over a decade, has underwent a directorate leadership overhaul according to the latest c

Zimplats has committed US$516.8 million in capital projects amid a sluggish PGMs output in the third quarter to September 2023. Zimplats recorded one of the worst output increase averaging 1 to 2% bot

The Zimbabwe dollar maintained its depreciation rate of 0.4% during the latest auction market held on October 31, 2023. This resulted in the massaged currency being traded at a rate of 5718.4090 again

Glencore Private Limited Company experienced a significant decline in production during the third quarter ended 30 November 2023, across several major commodities, with the exception of gold and coal.

Tigere Property Fund, a real estate firm, has reported a total of US$1.27 million in net property income for the nine months ended 30 September 2023 according to the company’s latest trading update.

In Zimbabwe's struggling economy, where unemployment rates are reported to be as high as 75% according to NGO statistics and around 21% according to ZIMSTAT statistics, the retail industry plays a cru

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

Cigarettes manufacturer, British-American Tobacco has reported a 7% decline in sales volumes during the third quarter ended 30 September 2023 according to the Group’s latest trading update. However, d

Zimbabwe is facing an extended period of blackouts as the power utility, Zimbabwe Electricity Supply Authority Holdings, announced that Unit 7 of the Hwange power plant will be taken offline for 30 da

Zimbabwe’s ailing but massaged currency, the Zimbabwe dollar increased at a decreasing rate of 0.4% on the 24th of October 2023 on RBZ’s governed liberalized auction market rate. This marks the small