Search results for 'AI'
World
Operation Epic Fury and Price of Everything: How Hormuz Crisis Is Reshaping the World
Shortly after 1:15 a.m. Eastern Time on 28 February 2026, the United States Central Command initiated what it would later name Operation Epic Fury , a coordinated, large-scale joint offensive with Isr
Mar 06, 2026
World
Platinum's Deficit Is Not a Forecast: At This Point, It Is a Structural Condition
The World Platinum Investment Council entered 2026 forecasting a broadly balanced platinum market. It has now revised that forecast to a 240,000 ounce deficit. That revision, from balance to deficit,
Mar 09, 2026
Markets
Woolies Appoints First Black CEO as Veteran Insider Sam Ngumeni Takes the Helm
The restructuring also created room for new strategic initiatives. During the period, Woolworths expanded through targeted acquisitions such as Absolute Pets and launched the Woolworths Ventures platf
Mar 12, 2026
Zambia
First Quantum Offloads Turkish Copper Mine for $340Mn, Tighten Focus on Core Assets
First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i
Mar 13, 2026
Zambia
Selling Itself to Survive: Decoding Standard Chartered Zambia's 2025 Performance
Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t
Mar 15, 2026
Zambia
Revenue Down, Losses Doubled: Puma's Results Expose Hidden Cost of a Stronger Kwacha
Puma Energy Zambia, the country's listed downstream fuel distributor and one of the most recognisable names at the Zambian pump, has reported full year results for 2025 that lay bare a business under
Mar 15, 2026
Zambia
Airtel Deploys $107Mn in Network Expansion: 406 New Sites Added, Targets 95% Population Coverage
Airtel Networks Zambia, the country's largest mobile operator by revenue and subscriber base’s full year results for 2025 placed it firmly in the upper tier of sub-Saharan African telecommunications p
Mar 16, 2026
Zimbabwe
Government Bans Key Imports: Millers to Source 40% Locally by April 2026, 100% by 2028
imbabwe's Minister of Lands, Agriculture, Fisheries, Water and Rural Development has enacted a regulation that, if implemented as written, will fundamentally restructure the country's entire grain and
Mar 16, 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
