Zimbabwe, as the nation braces for widespread power outages as two vital units at Hwange Power Station are set for Class B maintenance and statutory maintenance between March and May. This follows th
Mar 03, 2025
he Southern African Development Community (SADC) is grappling with a severe energy crisis that threatens its economic stability and growth prospects. Frequent power outages across the region result in
Apr 08, 2025
Proplastics Limited has swung back into profitability, posting a profit of US$348,168 for the half year ended June 30, 2025, compared to a loss of US$71,875 in the same period last year, according to
Sep 29, 2025
Pfuma Fund, a Real Estate Investment Trust (REIT) in Zimbabwe that invests in commercial and retail properties has completed its US$6.94 million acquisition of Cork Corner in Avondale, issuing 69.4 mi
FBC Re Botswana expanded its footprint to 21 African markets during the first half of 2026, six more than a year earlier, while revenue fell 41.5% to US$470,000 and profit before tax declined 56% to U
Zimbabwe has extended the National Railways of Zimbabwe’s duty rebate on engine spares, special-purpose motor vehicles and components for another two years, continuing a tax concession that has operat
Mashonaland Holdings has converted relatively modest revenue growth into a considerably stronger operating result during the six months to June 2026. According to the latest results. Revenue increased
Crown Bank generated US$3.3 million in profit before tax during the first half of 2026, up 344.3% year on year, as FBC Holdings rebuilt the former Standard Chartered Zimbabwe franchise following disru
Zimbabwe enters the final four months before lithium concentrate exports are scheduled to end on 1 January 2027 with a widening gap between regulatory timing and physical processing capacity. Governme
Zimbabwe has received US$1.62 billion in formal diaspora remittances between January and July 2026, placing household transfers alongside some of the country’s largest sources of foreign currency. Sou
Zimbabwe’s lithium industry generated US$746 million during the first half of 2026, establishing the mineral as one of the country’s fastest growing sources of mining revenue. Spodumene concentrates g
