The government has implemented stringent penalties for network service providers, imposing fines of up to US$5,000 for poor-quality services. The country boasts a competitive telecommunications indus

Revitus Limited is expecting a recovery in occupancy and yield ratios specifically starting FY25 as the REIT’s refurbishment of Chester House (Harare) is at an advanced stage with final technical appr

CBZ Holdings experienced a significant contraction in net profitability during the half-year ended June 30, 2024, as total revenue income and tax liabilities escalated substantially. The group's prof

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

Zimbabwe Gold (ZiG) has opened the first week of September on a lower note, trading at 13.8603, down from 13.8546 on August 30, 2024. Further declines have been observed, with the rate weakening to Z

Zimbabwe has signed a historic trade deal that paves the way for its avocados to be exported to the Chinese market for the first time during the Forum on China-Africa Cooperation (FOCAC) in Beijing.

Zimbabwe’s largest hotel group, African Sun Limited (ASUN) is disposing two of its hotels: the Great Zimbabwe Hotel, located in Masvingo, and the Beitbridge Express Hotel, situated in Beitbridge accor

The Reserve Bank of Zimbabwe has passed extra measures to sanitize the exchange control directives through enhancing transparency and efficiency in foreign exchange transactions to support Zimbabwe Go