Econet Wireless Zimbabwe, the pre-eminent telecommunications operator in the region, has strategically deployed an additional 32 5G base stations in Harare over the six-month period concluding on Augu
Nov 26, 2024
Zimbabwe Power Company (ZPC) has attributed the nationwide blackouts experienced yesterday in the country to a system disturbance. The disturbance resulted in a complete loss of power supply, but ‘mo
Nov 25, 2024
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
Tanganda Tea Company has closed a US$8 million rights offer that lifted cash to US$5.18 million at 31 March 2026, from US$519,561 six months earlier, moving the binding constraint on its recovery from
Willdale Limited, the country’s only listed brick maker has increased fired brick production by 44% during the quarter ended June 2026 and still sold 4% fewer bricks, exposing a working capital constr
Willdale Limited’s sales volumes fell 4% in the quarter ended 30 June 2026 after insufficient stock restricted deliveries during a period of strong demand for bricks from housing and infrastructure pr
The Zimbabwe Stock Exchange-listed diversified group, Amalgamated Regional Trading Holdings, battery volumes in Zimbabwe fell 26% year on year in the third quarter ended June 2026, as working capital
Hichilema secures a second term decisively. Whether that mandate converts into the stability business actually needs is the test now beginning. Zambia Election 2026, Hakainde Hichilema, Brian Mundubil
Zambia has given President Hakainde Hichilema a second five year mandate after an election that turned the country's economic recovery into a national vote and placed the quality of its democracy unde
Nampak, the country’s biggest packaging company has generated US$67.8 million in revenue during the nine months to June 2026, 9% ahead of the comparative year, propelled by volumes growth of 16%, supp
Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re
