Zimbabwe’s largest distributor and retailer of new tyres and tubes for the automotive industry, National Tyre Services has reported reduced sales volumes in retreading and new tyres for the third quar
Feb 08, 2023
The Underfired Zimbabwe dollar has shed by 93% on the Foreign Exchange Auction Market since it commenced in June 2020. The Zimbabwe dollar traded at ZWL831.8147 on the latest auction market held on th
Given the impending recession, Zimbabwe's high inflation rates, and the nation's ongoing electrical issues, we anticipate Bridgefort Capital to keep improving its operating tactics and controlling exp
For Zimbabwe, 2023 is set to be a turbulent year, yet again, as a looming global recession is set to rock developing economies. This compounded by the sheer lack of fiscal and monetary policy coherenc
As drought spells and erratic rainfall seasons continue to haunt Zimbabwe which heavily relies on natural rains for agriculture than irrigation systems, the Zimbabwe Stock Exchange (ZSE)-listed agro-c
Zimbabwe’s interest rates have been slashed to 150% from a global record of 200% according to the latest Monetary Policy Statement released by the Central Bank. This translates to a 50 percentage poin
Amid a polarised political and economic environment which is coupled with an expensive tax regime, fast depreciating currency and scarce US dollar liquidity, the business community has been lamenting
Health realised an 0.9% average price growth driven by the resumption of the school-going calendar as well as the resumption of the work population necessitating that health costs increase to accommod
As rolling power cuts in Zimbabwe fail to find a breather and electricity tariffs have spilled over 40% in United States dollars, Platinum Group Metals miner, Zimplats Holdings Limited says its power
The Zimbabwe Stock Exchange (ZSE)- listed outfit, TSL Limited says it will delay the publication of its full-year results for the fiscal year ended 31 October 2022 to give auditors more time to conclu
The largest digital network group by marketshare, Ecocash Holdings, has recorded growth across all branches marking a clear upward trend in its financial performance. The company directs its positive
The Zimbabwe dollar traded at 801.6023 against the US dollar on the latest Foreign Currency Auction Market held on 31 January 2023 widening month-to-date deficits by 12%. During the previous trading,
China claims it will begin purchasing oil and gas in yuan as 2023 drags on, a move that may eventually put the dollar's position as the world's reserve currency in jeopardy.
Bard Santner, an asset, corporate finance and wealth management firm has launched Gold Coin Unit Trust to support long-term savings by common Zimbabweans and significantly advance financial inclusion
Nampak Limited Zimbabwe, a metal can manufacturing company listed on the Zimbabwe Stock Exchange (ZSE) registered a 1% decrease in profit after tax to ZWL2.61 billion for the year ended 30 September 2
The largest seed house in Zimbabwe, Seed Co Limited says its future growth focus remains grounded by a complex of calamities, from within the local market to the regional markets despite expecting vol
Wines and spirits producer and distributor, African Distillers’(Afdis) saw its Ready To Drink (RTD) category register the worst quarterly performance during the third quarter ended 31 December 2022 du
Zimbabwe’s largest company by market capitalisation, a beverages giant listed on the Zimbabwe Stock Exchange (ZSE), Delta Corporation says the future remains bleak due to an aggressive taxation system
China is the largest consumer of tobacco in the world, with more than 300 million smokers according to World Health Organization data. With China re-opening, we expect to see an increase in the demand