Search results for 'Job Losses'
Zimbabwe
Triangle Limited Embarks on Mass Retrenchment as Government Policies Suffocate Formal Sector
Triangle Limited, a leading sugar manufacturer in Zimbabwe, has embarked on a strategic phased retrenchment initiative aimed at alleviating rising operational expenditures and reinstating profitabilit
Jan 15, 2025
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
South Africa
Venetia Mine Halted: De Beers Stops Mining at South Africa’s Largest Diamond Operation
De Beers is set to pause production for two years at Venetia, South Africa’s largest diamond mine, after prolonged weakness in rough diamond prices reduced the commercial value of extracting additiona
Jul 14, 2026
Top Stories
Old Mutual Targets US$46 Million Development REIT to Unlock US$150 Million Property Pipeline
Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban
19 hours agoZiG, USD Inflation Converge: ZiG Drops Sharpest Fall of 2026, Validates RBZ’s Mid-Year Turning Point
imbabwe Gold’s (ZiG) annual inflation has fell to 3.2% in July 2026 from 4.7% in June, a drop of 1.5 percentage points that reverses three months of gradual increase and marks the sharpest single-mont
21 hours ago
