Turnall Holdings Limited has successfully generated ZWL36.947 billion through its rights offer, which the company sees as crucial for improving its financial situation. In a trading update released o
Aug 30, 2023
In its ongoing efforts to bolster liquidity, facilitate price discovery, and align with international best practices, the Zimbabwe Stock Exchange Limited (ZSE) has announced operational changes effect
Turnall Holdings Limited has announced the resignation of John Mkushi from his position as Managing Director, effective August 1, 2024. Mkushi had previously served as the Managing Director and then
Jul 25, 2024
Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus
Oct 15, 2024
Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles, reported a widened net loss of US$2.9 million in FY2024, up from US$1.5 million the previou
May 02, 2025
Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has reported a 18% decline in production for the first quarter of 2025, producing 7,357 tonn
May 15, 2025
TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold
Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab
Tanganda Tea, a company listed on the Zimbabwe Stock Exchange, has partnered with Global Trade-Link BV, a consultancy from the Netherlands, to open an avocado oil extraction plant at its Tingamira Est
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June
Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre
Embattled diversified company RioZim Limited has widened its loss position, which more than quadrupled to ZWG 628.4 million from ZWG 107.7 million in FY2024, weighed down by a 54% plunge in gold produ
