The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be
Dec 12, 2022
Simbisa Brands released their trading update for the third quarter ended 31 March 2023, demonstrating the group’s resilience in the face of significant economic headwinds. The fast-food giant reported
May 22, 2023
Fidelity Life, a diversified assurance company, achieved a significant milestone by surpassing ZWL 100 billion in net profit for the first time. During the 12-month period ended 31 December 2023, net
CBZ Holdings, a blue-chip company listed on the Zimbabwe Stock Exchange and known for its flagship asset, CBZ Bank, has experienced a substantial increase in monetary losses for the fiscal year ended
ZECO, a company owned by flamboyant businessman Philip Chiyangwa, has significantly reduced its annual losses for the full year ended 31 December 2023 by 84%, with a loss of ZWL3 billion compared to
After the closure of the renowned Kingdom Hotel in Victoria Falls, African Sun (ASUN), the leading hotel group, experienced a period of below-average performance. The loss of the 294-roomed Kingdom Ho
ts Holdings Limited, the largest corporate entity in Zimbabwe, has reported stable quarter-on-quarter growth during the third quarter ended in March 2024. On a year-on-year basis, mining and milled vo
Zimbabwe's currency, Zimbabwe Gold (ZiG), has emerged as the strongest currency in the Southern African Development Community (SADC) region. It traded at ZiG13.4190 per dollar, surpassing the South Af
Shumba Energy Ltd, a Botswana-based energy development company listed on the Botswana Stock Exchange, has announced steady progress towards financial closure for its flagship Tati Solar PV Project. Th
Zimplow Holdings Limited, a leading manufacturer of agricultural products, has successfully completed a takeover of Barzem, acquiring 49% of the company's shares and making it a wholly owned subsidiar