The Bakery Division experienced a marginal drop in comparison to the comparative quarter. This was propelled by the Russia-Ukraine war which made global wheat prices surge. Recently prices of wheat ha

Tongaat Hulett’s Botswana, Mozambique and Zimbabwe sugar operations are not financially distressed and therefore continue trading in the ordinary course. These three businesses are funded independentl

Truworths International Limited (TRU.J) on Monday reported an 8.2% growth in retail sales for the 26-week period ended 31 December 2023. The South African-based fashion retailer revealed that its reta

TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf

Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las

Starafrica Corporation, a prominent participant in the sugar industry, has recently disclosed its performance, which mirrors the multitude of hurdles it encountered during the period ended September 3

ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr

In a strategic bid to combat the exodus of companies from central business districts (CBDs), Revitus Property Fund has doubled down on its mission to revitalize aging CBD properties and breathe new li

IMRE Holdings, a diversified financial services group, is poised for growth as it pursues a strategic expansion into North and Central African markets through its North-Central Africa growth policy.

Despite the challenging economic environment marked by inflationary pressures and exchange rate volatility in Zimbabwe, the country still boasts the most expensive fuel prices in the Southern African

Ariston Holdings Limited, a diversified agricultural company, has reported a 14% increase in tea production during the half-year ended March 31, 2024. The company produced 1,830 tonnes of tea, up from

Turnall Holdings Limited has announced the resignation of John Mkushi from his position as Managing Director, effective August 1, 2024. Mkushi had previously served as the Managing Director and then

CFI Holdings has faced significant challenges in its operations, citing high competition from unregistered informal market players and the impact of drought conditions in the six months to 31 March 20

n a challenging economic landscape marked by volatile exchange rates, power outages, and ongoing liquidity constraints, Nampak Zimbabwe, a leading packaging firm says it will leverage on cost containm

anganda Tea Company, a leading producer in Zimbabwe, has reported mixed results for the third quarter of its financial year, with a strong performance in macadamia production offsetting a decline in t

ART Holdings Limited has announced a renewed focus on debt reduction as it navigates a challenging economic environment marked by persistent inflation, currency instability, and crippling electricity

In a strategic move to adapt to market challenges, National Tyre Service (NTS) has shifted its focus to personal selling following the closure of four retail outlets at the beginning of the financial

South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass

Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due

Operating a single supermarket in Zimbabwe requires over 25 licenses and permits, making it challenging for businesses to operate. This is despite the mantra, Zimbabwe is open for business. These li