Embattled loss-making company RioZim, once a renowned gold producer, has suffered a staggering full-year 2023 loss of ZWL95.8 billion, up significantly from ZWL20 billion the previous year as the comp

Innscor Africa Limited, a blue-chip firm listed on the Zimbabwe Stock Exchange (ZSE) and the largest food processor in the country, has reported a 23% contraction in the performance of its downpacked

Trading loss shoot to ZWL46 billion from ZWL36 billion in trading profit Operating loss of ZWL81 billion from an operating profit of ZWL38 billion However, it achieved an after-tax profit Harare- In a

he Central Bank of Zambia hiked its benchmark interest rate by 100 basis points to 13.5% during its regular meeting on the 15th of May 2024. This represents the highest interest rate since April 2017.

imbabwe Gold (ZiG) has sustained stability after gaining 1% on the formal market (FM) rate, which is being pegged by the government. The ZiG traded at ZiG13.3976 on May 17, 2024, from ZiG13.5326 in th

National Foods, the largest food manufacturing and distribution company in Zimbabwe, has expressed concerns about the challenges posed by the government's continuously evolving policy landscape durin

ZB Financial Holdings, a diversified financial arm listed on the Zimbabwe Stock Exchange (ZSE), has surpassed ZWL2 trillion in total income within a three-month period setting the full-year 2024 fisca

Following a remarkable 30% increase in revenue during the first quarter to March 2023, with 74% of rental income in US dollars, Mashonaland Holdings has set its sights on a new target, the completion