Search results for 'AI'
Zimbabwe
Zimbabwe's Exports Surpass $1 Billion for First Time, Imports Steal the Show at $1.03 Billion
Zimbabwe has achieved a historic milestone in October 2025, with monthly exports surpassing the US$1 billion threshold for the first time, reaching US$1.02 billion. This represented a strong 20.2% mo
Dec 08, 2025
Zimbabwe
South Africa's Falling Maize Prices Offer Relief to Zimbabwe Amid Lean Season Food Security Strains
South Africa's maize prices have declined more than 30% year-on-year, fueled by a robust harvest that has generated substantial surpluses for both local consumption and regional exports.
Jan 07, 2026
Botswana
Standard Chartered Exits Botswana Business ,Deepens Retreat from African Markets
Standard Chartered ,a British multinational bank focused on Asia, Africa, and the Middle East, providing corporate, investment, and wealth management banking has exited Botswana to reassess risk, sca
Jan 13, 2026
Zimbabwe
Zimbabwe Lifts Fabric Import Tariffs to 40% to Protect Local Textile Producers
The Government has reviewed the customs duty on selected polyester staple fibres and dyed woven cotton fabrics to 40% plus US$2.50 per kilogram, according to the 2026 National Budget measures under th
Jan 15, 2026
World
Davos 2026's Latest Updates: Tense Dialogue Amid US-EU Standoff Over Greenland, Tariffs
The World Economic Forum’s Annual Meeting in Davos, Switzerland, opened on January 19 under the theme “A Spirit of Dialogue,” but proceedings have been overshadowed by escalating transatlantic tension
Jan 21, 2026
Companies
Rutanhi Beverages Underwrites Tanganda Tea Rights Issue, Raises Control Stakes
Tanganda Tea Company, the leading diversified tea enterprise listed on the Zimbabwe Stock Exchange, has introduced the possibility of a shift in control after securing full underwriting for its US$8 m
Jan 28, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
6 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
6 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
7 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
7 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
17 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
18 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
