Search results for 'Zimbabwe'
Companies
Invictus Energy Secures Key Licence Renewals to Advance Zimbabwe Gas Ambitions
Invictus Energy has secured a three-year extension of its exploration licences in Zimbabwe’s Cabora Bassa Basin, paving the way for drilling a high-impact well that could unlock more than a trillion c
Sep 16, 2025
Zimbabwe
Weekly Currency Review: Is ZiG’s Stability Fundamentally Driven or Cosmetically Defined?
The local currency, the ZiG, has maintained a stable performance for nearly a year, marking a significant milestone in the country’s economic landscape. On September 16, 2025, the ZiG opened the week
Sep 16, 2025
World
Gold ETFs Soar with $5.5B Inflows in August: Could a Gold-Backed ETF Work Locally?
Physically backed gold ETFs in August had inflows of US$5.5 billion, marking three months in a row of positive flows. Gold-backed ETFs are investment funds that hold physical gold and are traded on s
Sep 16, 2025
Zimbabwe
TSL Retreat from Nampak's $25 Mn Deal: An Immature Romance Doomed by Shareholder Scepticism
TSL Limited, a Zimbabwean conglomerate with interests in logistics, agrochemicals, and packaging, has terminated its US$25 million bid for a 51.43% stake in Nampak Zimbabwe, the country’s leading pack
Sep 17, 2025
Companies
First Mutual Properties Swings to US$1.4m Profit in HY25, Erases US$60m Loss
First Mutual Properties Limited (FMP), the Zimbabwe Stock Exchange–listed real estate investment and development group, has achieved one of the sharpest earnings reversals on the bourse, swinging from
Sep 23, 2025
Companies
National Tyre Services Charts Recovery Path After ZiG 121M Loss with Robust Supply Chain Overhaul
National Tyre Services (NTS), Zimbabwe's leading tyre distribution and retail company, remains optimistic about its future prospects despite posting a substantial full-year loss of ZWG 121 million for
Sep 23, 2025
Top Stories
Zimbabwe Heads for Third Consecutive Wheat Record: ARDA Grows Nearly Half as National Plantings Hit 133k Hectares
Zimbabwe has planted 106% of its 125,000 hectare winter wheat target, up from 101% at the same point in 2025, taking the national area to roughly 132,500 hectares. The Agricultural and Rural Developme
Jul 23, 2026Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown
Spirits and Wines maker, African Distillers has grown the first quarter revenue by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7
Jul 23, 2026From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale
Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one. The 2025/26 summer season pro
Jul 22, 2026
