Border Timbers Limited, a prominent company in the timber industry, announced that their Extraordinary General Meeting (EGM) held on 18th August 2023 had been adjourned. The adjournment was necessary

Truworths Limited, a prominent retail company in Zimbabwe, has successfully concluded its highly anticipated Rights Offer, which closed on August 9, 2023. The results of the offer have been announced,

The mining company, Bindura Nickel Corporation, has experienced growth in ore mined during the first quarter ended June 2023.  However, the company also faced challenges due to the deterioration of t

Amalgamated Regional Trading Holdings Limited (ART Holdings) has witnessed a decline in volumes across its main categories, with the exception of the Eversharp and estates divisions. This decline was

Gold prices started the week on a downward trend remaining below the US$1900 per ounce mark and approaching their lowest levels in the past five months as investors brace themselves for the annual gat

Willdale Limited, a brick maker in Zimbabwe, has reported robust revenue growth of 83% to ZWL 20 billion during the nine months leading up to June 2023, despite the challenges posed by exchange rate d

As the elections period draws closer, the Zimbabwe dollar has encountered its third consecutive session of losses against the US dollar. On the latest wholesale RBZ-governed auction market, the curre

Sugar producer, Hippo Valley Estates witnessed a 10.6% decrease in production to 57,427 during the first quarter ended 30 June 2023. This decline was attributed to delayed deliveries by farmers due to

Ariston Holdings, a prominent agricultural Group, has successfully concluded a solar project commissioned in July to mitigate the impact of power challenges on production costs and output. The decisio

Russia's budget deficit widened by a significant margin in the first seven months of 2023, reaching a record-breaking RUB 2.817 trillion. This marked a substantial swing from the surplus of RUB 557 bi

In the realm of platinum group metals (PGMs), Zimplats Holding Limited, a distinguished industry frontrunner has reaped benefits involving the commissioning of the third concentrator during the first

Nampak Zimbabwe Limited, a distinguished entity listed on the Zimbabwe Stock Exchange (ZSE), has maintained profitability in the 9 months to June 2023 despite facing power and supply constraints chal

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

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

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

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

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

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