Search results for 'AI'
Companies
Shoprite Holdings Delivers Robust 1HY26 Results: A Contrast to Zimbabwe's Retail Giants
Shoprite Holdings, South Africa’s biggest retailer by market capitalisation, sales, profit, number of employees and customer base and Africa’s largest supermarket retailer, has delivered a solid perfo
Feb 02, 2026
World
AI Boom Hits Reality Check:Microsoft Shares Tank Circa $400 Billion in Record Two-Day Rout
Microsoft, the world's largest software company by market capitalization and a cornerstone of the artificial intelligence revolution, has seen a record-breaking sell-off in its shares following its la
Feb 03, 2026
Zimbabwe
Zimbabwe's Maize Paradox: Production Gains Soar Yet Imports Remain Third-Largest Commodity
Zimbabwe's maize sector continues to reflect the country's turbulent yet resilient agricultural history, oscillating between periods of surplus, severe disruption, and tentative recovery. While the na
Feb 11, 2026
South Africa
South Africa's digital 24-Hour Visa Application Platform Set to Revolutionalise Tourism
In a bold move to supercharge South Africa's post-pandemic tourism rebound, President Cyril Ramaphosa unveiled a game-changing policy during his State of the Nation Address (SONA) today: a fully digit
Feb 12, 2026
Companies
Hippo Valley Unaffected as Parent Tongaat Hulett Enters Provisional Liquidation
Zimbabwe’s largest sugar producer, Hippo Valley Estates Limited, has moved quickly to reassure stakeholders that the provisional liquidation of its South African parent, Tongaat Hulett Limited (THL),
Feb 16, 2026
Companies
Tanganda Shareholders Approve US$8m Capital Raise, Strengthening Innscor Entry Path
Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed d
Feb 19, 2026
Companies
CAFCA's Q1 2026 Sales Volumes Rise 3% as Exports Surge ,Copper Demand Recovers
Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin
Feb 20, 2026
Zimbabwe
Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits
In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro
Feb 23, 2026
Zimbabwe
Never Too Late? Zimra and Buy Zimbabwe Forge Alliance Against Smuggling Onslaught
In a belated yet potentially pivotal move to stem the hemorrhage inflicted on Zimbabwe's economy by rampant smuggling, the Zimbabwe Revenue Authority (Zimra) has partnered with the buy-local advocacy
Feb 25, 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
7 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
7 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.
8 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
8 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
18 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
19 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
