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

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

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

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%,

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

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

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.

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

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

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

The Zimbabwe Stock Exchange (ZSE) has established the Real Estate Investment Trusts (REITs) Association of Zimbabwe (ZIMREIT) with the main objectives of promoting the growth of the REIT market, educa

The Zimbabwe dollar has sustained the recovery trend on formal market after firming by 5% on the latest auction market from ZWL4998.8352 during the previous week to ZWL4771.3854 during the week under

Caledonia Mining Corporation, listed on the US-dollar denominated bourse, Victoria Falls Stock Exchange (VFEX), reported a 9% decline in production during the second quarter ended June 2022, with gol

EcoCash Holdings Limited, a diversified technological group has posted an eight-fold increase in transaction values on its latest introduced US Dollar mobile money platform during the first quarter en

Mining firm listed on the Victoria Falls Stock Exchange (VFEX) Bindura Nickel Corporation (BNC) is set to bounce back to profitmaking in FY2024 after incurring a net loss of US$18.5 million in FY2023.

One of the leading bricks manufacturer, Beta Bricks Limited will start producing 18-24 million bricks this year when it fully commissions the Steele 90 plant in Melfort which is in the last stages of

The US government budget deficit widened by 157% to US$227.8 billion in June 2023, up from a US$ 88.8 billion gap in the same month of the previous year. This figure fell below market expectations of