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
May 03, 2024
Padenga Holdings Limited, Zimbabwe's third-largest gold producer, has recorded a 25% increase in gold output for the half-year period to June 30, 2024, to 1,351 kilograms, the highest in half-year per
Zimre Holdings Limited (ZHL Group) is planning to expand its footprint in North Africa, tapping into the vast opportunities presented by the African Continental Free Trade Area (AfCFTA). The group re
The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c
Rainbow Tourism Group (RTG), the second-largest hotel group after African Sun, has achieved a remarkable occupancy rate of over 50% in the six months ended 30 June 2024. This marks a historic milest
Unifreight Africa Limited is strategically diversifying its operations to mitigate the challenges posed by rising operating costs, which surged by 12% in the first half of 2024. This increase, driven
Zimbabwe’s trade deficit has narrowed for the first time in a while, reaching US$198.7 million, a 27.7% decrease from the July 2024 deficit of US$274.9 million. The country has not recorded a trade su
Zimbabwe's gold exports made a significant leap in August 2024, accounting for 37.9% of total exports, up from 34.2% in July and 30.5% in June, according to Zimstat's latest data. May still holds the
Dairibord Zimbabwe Limited, the largest milk processor has posted a satisfactory performance in the first half of 2024 (HY24), despite encountering tax increases and currency challenges during the per