The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of

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

Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing

Hippo Valley Estates Limited, a prominent player in Zimbabwe's sugar industry, has reported a sluggish financial performance for the fiscal year under review. The company, a subsidiary of Tongaat Hule

run Beverages, the second-largest PepsiCo franchise bottler globally, is venturing into the snacks business after a successful performance in the beverages segment. The company, founded in 1995 and h

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

Leading bricks manufacturer, Willdale Limited Zimbabwe, has posted a depressed Q3 performance for the third quarter ended 30 June 2024, owing to intensive load-shedding and low working capital. The c

British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company

Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf

The Competition and Tariff Commission (CTC) has issued a ruling against CBZ Holdings' proposed acquisition of additional shares in First Mutual Holdings (FML). This decision follows CBZ's purchase of

Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

Zimbabwe’s second largest retailer, Meikles Limited with stores trading as TM Pick n Pay in both US dollar terms and local currency terms as the sector continues facing unsatiable competition from the

As of March 12, 2025, reports indicate that Tesla shares have dropped sharply, with a notable single-day decline of over 13% on March 10, wiping out more than $700 billion in market value from its mid

Willdale Limited, Zimbabwe’s sole publicly listed brick manufacturer, is divesting non-core real estate assets to fund a $3.5 million all-weather production facility and modernised brick-making equipm

British American Tobacco Zimbabwe (BAT Zimbabwe) experienced a pronounced financial reversal in its fiscal year 2024 (FY2024), transitioning from a profit after tax of ZWG 234 million (US$9 million to