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
Jul 25, 2023
The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581
Jun 24, 2024
The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024
Jul 25, 2024
Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d
Jul 29, 2024
Kavango Resources Plc has entered a crucial phase of its Zimbabwe strategy, raising £2.2 million (US$2.9 million) on the London Stock Exchange through a placing and subscription to accelerate the tra
Tanganda Tea Company, the leading diversified tea enterprise listed on the Zimbabwe Stock Exchange, is taking decisive steps to strengthen its balance sheet and fund expansion, announcing plans to rai
First Capital Bank, a premier financial institution in Zimbabwe, has disbursed USD 2.1 million in ESG-linked lending to empower women, youth, and underserved communities in the half-year ended 30 June
The Tigere Real Estate Investment Trust (“the Trust” or “the REIT”) is in advanced negotiations with related parties to acquire two income-producing assets for its portfolio, according to its latest c
he global platinum market is once again plunging into deficit, with the World Platinum Investment Council (WPIC) projecting an 850,000-ounce shortfall in 2025, following an even deeper 968,000-ounce g
The Zimbabwe Electricity Supply Authority (ZESA) has announced that Hwange Unit 3, one of its older 80MW generators, will be taken offline for 44 days from September 10 to October 24, 2025, to undergo
ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break
The government has introduced significant reforms to ease the regulatory and financial burdens on the agricultural sector, particularly in livestock, dairy, and stockfeed industries. The Ministry of
