Companies
Karo Mining’s Loss Narrows 13% in FY2025 , Platinum Recovery Breathes Life Into Long-Delayed Project
Karo Mining Holdings Plc, the Victoria Falls Stock Exchange (VFEX)-listed mining investment company developing the Karo Platinum Project in Zimbabwe, narrowed its annual loss in the year ended 30 Sept
Jan 05, 2026
Companies
Zimplats’ Q1 Smelter Failure Triggers 24% Plunge in 6E Output to 143k Ounces, Trapes 12koz in Inventory
Zimplats, Zimbabwe’s leading platinum group metals producer, suffered a 24% quarter-on-quarter plunge in 6E metal in final product to 142,535 ounces for the quarter ended 30 September 2025, driven by
Nov 13, 2025
Zimbabwe
Fizzing Festive Sales: Delta Sets New Records, But Sugar Tax Casts Bitter Shadow
Harare - Delta Corporation experienced unprecedented sales of soft drinks and beer during the Christmas season, setting new records. However, the company is concerned about the potential impact of a "
Jan 25, 2024
World
Battling the Abyss: Ariston Holdings Limited Records a Whopping ZWL$33 billion Loss
Harare - Ariston Holdings Limited faced a formidable challenge as its loss position widened to a staggering ZWL$33 billion in the full year that ended on September 30, 2023, compared to a loss of ZWL$
Jan 10, 2024
World
The Brick Dilemma: Willdale Limited's Struggle with Power Outages and Intense Rivalry
Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper
Jan 09, 2024
World
Battle of the Heavyweights : Innscor's Bold Move Challenging Delta's Opaque Beer Hegemony
Delta's Revenue soared by 164% to ZWL1.9 trillion in HY'24 Nyathi Beer opaque beer production at 30 000 hectolitres against Delta's 350 000 hectolitres Innscor possesses the firepower to rival Delta's
Nov 20, 2023
World
Breaking Point MetBank's Troubles Deepen as Interest Income and Non-Interest Revenue Drop
MetBank incurred a net interest expense of ZWL 3.8 billion The bank recorded an operating loss of ZWL 51 billion MetBank's profitability was primarily driven by a fair value gain on investment prop
Oct 07, 2023
World
Unleashing Zimbabwe's Platinum Potential A Promising Frontier in the Global Market
Unleashing Zimbabwe's Platinum Potential A Promising Frontier in the Global MarketHarare - Zimbabwe's platinum producers are poised to reap significant benefits from the surging global demand for the
Oct 03, 2023
Zimbabwe
Insuring Zimbabwe's Future : Short-Term Coverage Vital for Business Stability and Investment Growth
Zimbabwe has a low insurance penetration rate of 2.6% Potential impact of El Niño and the need to strengethen the insurance sector in the country The GPW surged by 263%, rising from ZW$7.49 billion to
Sep 11, 2023
Top Stories
Lake Kariba Water Level Recovers to 12%, but Power Generation Remains Deeply Constrained
Lake Kariba, southern Africa’s largest man-made reservoir and a linchpin of regional power supply, water levels has gradually risen to 11.83% as of 9 February 2026 from 6% in the same period last year
18 hours agoDubai’s Maser Group Pledges US$1.6 Billion Investment in African Agriculture, Data Infrastructure
Maser Group, a closely held Dubai-based consumer electronics manufacturer, plans to invest US$1.6 billion across Nigeria, Ghana and Kenya over the next 24 months, targeting large-scale agricultural p
1 day ago
