Tanganda Tea Company, a company listed on the Zimbabwe Stock Exchange (ZSE), has faced significant challenges in its production across key categories, attributed to a combination of natural and macro
Aug 11, 2023
GetBucks Bank, a prominent financial institution in Zimbabwe, is considering the termination of its listing on the Zimbabwe Stock Exchange (ZSE) as it believes maintaining the listing on the ZSE is p
Aug 10, 2023
On the RBZ-governed Auction Market, the Zimbabwean dollar experienced a negative performance, marked by a 0.4% depreciation on August 8th, taking it to two straight sessions of depreciation. The curre
Aug 09, 2023
PPC, a leading company in the cement and materials industry, has announced the successful completion of an equity transaction that aims to benefit qualifying employees working for its subsidiaries in
Aug 08, 2023
After an extended period of approximately 15 months, during which the Republic of Zimbabwe assumed a shrouded veil of neutrality which the global community might now say deceptive in response to Russi
Aug 07, 2023
National Tyre Services (NTS) has concluded its fiscal year 2023 with a substantial loss of ZWL577 million, representing a stark reversal from the prior year's profit of ZWL208 million. This significa
South Africa's foreign exchange reserves soared to an unprecedented US$62.21 billion in July 2023, surpassing the previous month's figure of US$61.55 billion and exceeding market predictions of $61.63
Tigere, a distinguished ZSE-listed real estate investment trust, is poised to complete its Highland Park Phase 2 undertaking in Q4 2023 indicating another noteworthy milestone in the company's propert
Aug 03, 2023
The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr
Aug 02, 2023
Preeminent retailer, OK Zimbabwe Limited, has once again deferred the announcement of its full year results, which were originally slated to be released on or before 31 March 2023, and were subsequent
Aug 01, 2023
On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement
A cohort of European Union (EU) Election Observers arrived in Zimbabwe to oversee the much-anticipated elections scheduled for the 234rd of August this year. This will be the second election under the
Jul 31, 2023
Star Africa Corporation, a sugar manufacturer, has announced a further delay in the publication of its full-year financial results. The company has revised its expected publication date from the initi
The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,
Jul 28, 2023
Delta Corporation Limited, the leading beverage company listed on the Zimbabwe Stock Exchange, has announced a $71 million investment aimed at boosting its production efficiency and profitability. Giv
Jul 27, 2023
Victoria Falls Stock Exchange (VFEX) has achieved noteworthy accomplishments and capital raising since its inception in 2020. VFEX is a subsidiary of the Zimbabwe Stock Exchange. VFEX's remarkable per
Jul 26, 2023
Zimbabwe's balance of trade witnessed a significant improvement, with the trade deficit declining by over 50% to US$85.1 million from a previous figure of US$196 million, representing a decline of 56.
Jul 25, 2023
African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of
Mining firm, Caledonia Mining Corporation has halted the Bilboes Mine operations as the project is not generating sufficient revenues or cash flows to justify its continuation. The halt is effective O
Jul 24, 2023
Econet Wireless Zimbabwe Limited, the largest telecommunications company in Zimbabwe by market capitalisation, is currently implementing a virtualized core network as part of its digital transformatio
Gold production is expected to recover gradually. Under favourable conditions, output could return to roughly sixty-five to seventy tonnes per year by 2027. Whether this occurs will depend on regulato
Gold is closing in on the $5,000-an-ounce milestone, driven by a powerful mix of geopolitical uncertainty, a weakening US dollar, and deepening concerns over the stability of traditional financial sys
The Crisis in Zimbabwe Coalition (CiZC) is dissolving its organisational structure with immediate effect, ending a 25-year-old civil society project that rose, peaked, and ultimately exhausted itself
NMBZ Holdings Limited a Zimbabwe headquartered diversified financial service group has acquired a 100% stake in Entrepreneurs Financial Centre (EFC) Zambia, completing a strategic cross-border transa
Zimbabwe's economy is experiencing resilient growth, with its rebased gross domestic product (GDP) reaching $44.4 billion in 2025. This revision highlights stronger economic momentum than earlier esti
Zimbabwe has ordered foreign-owned businesses operating in certain designated sectors to divest at least 75% of their equity to indigenous Zimbabweans within three years, according to the latest Statu
Zimbabwe remains a highly informalised economy, severely affected by high unemployment rates that have driven millions to pursue livelihoods through self-employment and small-scale enterprises. One o
Zimbabwe’s sharp surge in tobacco exports at the start of 2026 the latest chapter in a four-decade arc of expansion, collapse, and recovery that now appears to be approaching another historic peak, wi