HARARE- Barely a few days after the dual listed Old Mutual Limited announced the suspension of its CE, which led to a s...
May 30, 2019
HARARE- The times are tough in Zimbabwe, but those with a keen eye for good stocks are at least able to generate inflat...
HARARE- Investor sentiment is currently at its lowest in 10 years as worries of a RTGS$ crush rocks markets. Trades on...
HARARE- South African foods giant Tiger Brands, which upped its stake in National Foods to 37% in 2011 to solidify its p...
May 22, 2019
HARARE- Energy regulating authority, ZERA has released new fuel pump prices following the removal of subsidies by the RB...
May 21, 2019
HARARE- The RBZ has announced that it is discontinuing the subsidization of fuel imports with immediate effect, in a mov...
May 20, 2019
In his state of the economy address to Parliament, Mthuli Ncube revealed that he has revised the 2019 national budget by...
HARARE- In a major climbdown, Zimbabwe’s treasury has revised upwards its expenditure levels for the current year to ref...
May 18, 2019
Harare – Zimbabwe is bracing for crippling power supply outages which is likely to be the worst in a decade. The major r...
May 13, 2019
HARARE- FCB in conjuction with Barclays said its restructuring exercise is now in its final phase amid expected structur...
HARARE- POSB said it has completed a business process reengineering exercise which lays foundation for the future of the...
May 07, 2019
HARARE- Listed property concern, which has been making serious overtures to diversify its property portfolio over the pa...
May 06, 2019
HARARE- Jonas Mshosho is stepping down from the helm of Old Mutual Zimbabwe, after an illustrous career spanning almost...
HARARE- Hospitality entity, African Sun has terminated a hotel management contract with Legacy Hospitality Management Se...
May 03, 2019
HARARE- Reports indicate that Standard Chartered bank Zimbabwe is restructuring its operations with job losses already i...
May 02, 2019
HARARE – Zimbabwe’s second largest cement manufacturer Lafarge Zimbabwe said it suffered significant downtime during 201...
Zimbabwe is presently enjoying a stint of month on month fiscal surpluses stretching 4 months, that is a period between...
HARARE- Micro lender, Getbucks Zimbabwe has announced a proposed capital raise of an undisclosed amount which if success...
May 01, 2019
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold
Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab
Tanganda Tea, a company listed on the Zimbabwe Stock Exchange, has partnered with Global Trade-Link BV, a consultancy from the Netherlands, to open an avocado oil extraction plant at its Tingamira Est
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
Embattled diversified company RioZim Limited has widened its loss position, which more than quadrupled to ZWG 628.4 million from ZWG 107.7 million in FY2024, weighed down by a 54% plunge in gold produ
