Search results for 'Finance'
Zimbabwe
End of an Era: Gwen Muteiwa Steps Down as Letshego Group CFO After a Defining Chapter in Pan-African Finance

In a brief but significant announcement released on Monday morning, Letshego Africa Holdings Limited confirmed that Ms. Tinotenda Gwendoline Muteiwa, widely known as Gwen, has resigned as the company’

Mar 02, 2026
Companies
Profit Triples, Wallets Shrink, Borrowings Surge: The Three Stories Inside InnBucks' Six Months

InnBucks MicroBank Limited has delivered half-year results for the six months ended 31 December 2025 that, at first reading, appear remarkable. Profit nearly tripled to ZWG 99.5 million from ZWG 33

Mar 04, 2026
Zimbabwe
ZIDA, Finance Ministry Launch BKPO SEZ Framework to Drive Service Exports

The Zimbabwe Investment and Development Agency (ZIDA) and The Ministry of Finance, Economic Development and Investment Promotion has officially launched the Business or Knowledge Processing Outsourcin

Mar 11, 2026
Zambia
CEC Renewables More than Doubles Solar Capacity as Profits Surge 63%

CEC Renewables Limited, a wholly owned subsidiary of CEC PLC and a pivotal player in Zambia's burgeoning green energy sector, has reported a robust 63% surge in profit after tax for the year ended Dec

Mar 13, 2026
Zimbabwe
Zimbabwe Introduces National Standard Price List: All Payments to Suppliers to Be Made in ZiG

Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion, together with the Procurement Regulatory Authority of Zimbabwe, has announced on the 13th of March 2026 a National Standa

Mar 16, 2026
Companies
Edgars Grows Profit 139%, Funding Costs Keep Earnings Base Under Pressure

Edgars Stores Limited has reported profit after tax of USD 1.947 million on total revenue of USD 41.3 million for the 52 weeks ended 4 January 2026. That is a net margin of 4.7% on a revenue base that

Apr 17, 2026
Zimbabwe
Harare Moves Closer to BRICS Bank: NDB Starts Membership Talks

When Harare announced formal accession talks with the New Development Bank on 15 May 2026, it signalled its place in the defining financial contest of our era, Aliko Dangote’s USD 1 billion pivot to Z

May 19, 2026
Zimbabwe
Operationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe

Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th

May 31, 2026

Top Stories

ZEEX’s First Partner: Evaluating INVESCI’s Real Market Impact Before the First Listing

The Zimbabwe Stock Exchange Limited has signed a Memorandum of Understanding with INVESCI Asset Management, establishing a strategic institutional partnership to advance the growth and development of

21 hours ago

Zim’s  Potato Sector: Set for the Biggest Winter Potato Recovery

Zimbabwe is expecting 243,850 metric tonnes of Irish potato from the 9,000 hectares planted in the 2026 winter season, with 92,400 metric tonnes already produced from the 3,300 hectares already harves

22 hours ago

Squeezing the Soil: How GMB’s Over ZiG 200 Million Arrears Threaten the Next Season

The Grain Marketing Board is owing 17.27% of ZiG payment obligations to farmers who delivered grain in the  FY2025 marketing season amounting to ZiG 50,192,313.52. Transporters who hauled grain to GM

1 day ago

A Historic First: Zimbabwe Confirms Highest Maize Harvest in National History

Zimbabwe's maize harvest has risen from 2,341,857 metric tonnes presented during the 16th Post-Cabinet Briefing to 2,824,110 metric tonnes confirmed at the 18th Post-Cabinet Briefing on 9 June 2026, a

Jun 10, 2026

Zimbabwe’s Soyabeans Domestic Supply Jumps to 54% from 19% in 2015:Highest Yield Post Land Reform

Zimbabwe's 2025/26 soyabean harvest reached 119,067 metric tonnes from 56,562 hectares harvested, according to the Second Round Crop, Livestock and Fisheries Assessment Report presented to Cabinet on

Jun 10, 2026

Zimbabwe’s Cement Industry: What Record Cement Imports Tell Us About the Economy

Zimbabwe's monthly Portland cement import bill reached USD 12.02 million in April 2026, the highest single monthly value recorded in the sixty-four months dataset running from January 2021 through Apr

Jun 09, 2026

SADC Growth Shift: Zimbabwe Builds Capacity as South Africa Loses Investment Momentum

South Africa's economy expanded 0.5% quarter-on-quarter in Q1 2026, its sixth consecutive quarter of growth and the strongest performance since Q2 2025, as nine of ten industries registered positive o

Jun 09, 2026

Why Diesel Imports Set New Monthly Record of Above USD 130 Mn: Barometer of Production?

Zimbabwe's April 2026 diesel import bill reached USD 132.5 million, a 44.6% increase from March 2026's USD 91.6 million and the highest monthly value recorded from December 2022 through April 2026, a

Jun 09, 2026