Simbisa Brands, Zimbabwe's largest fast-food outlet, has opened a net total of 57 new company-operated stores between 30 September 2023 and 30 September 2024 with 5 opened in the first quarter of the
Nov 22, 2024
The mining industry have seen a significant growth with an average of 9% per annum, mainly spared by lithium sector projects and production of iron and steel. According to GlobalData, Zimbabwe is the
WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11% to its year-to-date revenue in a trading update for the period ended 30 Sept
Nov 20, 2024
NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful
Nov 19, 2024
This was achieved despite liquidity challenges during the quarter as the government tightened spending in local currency through elevated interest rates which curtailed borrowing. The company was awa
Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf
Nov 18, 2024
Caledonia Mining Corporation, the second-largest gold producer reported quarterly revenue of US$46.9 million, bringing its year-to-date revenue for the first nine months of 2024 to US$135.5 million.
Nov 15, 2024
DELTA Corporation , the leading beverage manufacture has posted an increase in revenue to $389.1 million for the half year ended September 2024 from US$350.6 last year. This led to a profit after tax
Nov 13, 2024
Zimbabwe’s trade balance slipped back into deficit in September 2025, recording a shortfall of US$30.8 million after a modest surplus of US$6.9 million in August, a 548.8% swing from black to red. T
Zimbabwe has started the export of silver for the first time in 2025, after only registering three episodes of such in 2024. The country’s first time to export silver was in February 2024 worth US$
Zimbabwe has recorded a 46% increase in irrigated land from 151,000 hectares in 2019 to 221,000 hectares in 2025 in a landmark stride toward climate resilience and national food security according to
On October 28, 2025, President Emmerson Mnangagwa delivered his State of the Nation Address (SONA) to a joint sitting of Parliament in Mt Hampden, Zimbabwe, projecting cautious optimism amid a complex
The Zimbabwe Gold (ZiG) currency is exhibiting a modest resilience this week in the formal market, appreciating by 0.04% against the US dollar last week. This slight gain aligns with broader stabilisa
Gold’s 2025 journey has been a rollercoaster, soaring to unprecedented heights before a dramatic plunge that has left investors questioning its next move. As of October 28, 2025, spot gold prices edge
The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to allow private companies to sell and distribute e
he International Monetary Fund’s (IMF) latest economic projections for Zimbabwe, as outlined in its October 2025 Regional Economic Outlook for Sub-Saharan Africa, paint an ostensibly bright picture fo
