Delta Corporation, a blue-chip entity listed on the Zimbabwe Stock Exchange (ZSE), has encountered significant headwinds in its sorghum beer segment, resulting in diminished sales volumes domestically

This was achieved despite liquidity challenges during the quarter as the government tightened spending in local currency through elevated interest rates which curtailed borrowing. The company was awa

Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio

The year 2024 proved to be exceptionally challenging for both developed and developing nations. Zimbabwe experienced its most severe drought in over four decades, exacerbated by the ongoing geopolitic

he Zimbabwe government has allocated ZiG28.3 billion to the Ministry of Health and Child Care for the year 2025. When converted to United states dollars (USD) at the official bank rate of ZiG26 per d

The largest seed house in the country, Seed Co is currently struggling  with financial challenges attributed to delayed payments from the government, which owes the company US$8.6 million. This outst

Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

The ZSE’s most valued company and the country’s biggest beverages maker Delta has released a trading update for the 3 months period to December 2024 painting a very dull picture on performance, one of

The Confederation of Zimbabwe Retailers (CZR) has sharply criticised the dual currency system currently in place, asserting that it disproportionately favours the informal sector at the expense of for

NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company

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

In 2024, Zimbabwe not only achieved but exceeded its gold production target, reaching an impressive 36.48 tonnes, surpassing the initial goal of 35 tonnes. This milestone marks a historic high for the

The platinum group metals (PGM) sector continues to face significant headwinds, with declining prices and operational challenges weighing heavily on producers. Anglo American Platinum, the world’s lea

Hippo Valley, Zimbabwe's largest sugar heavyweight, has reported a 19% increase in sugar production for the third quarter (Q3) ended 31 December, reaching 439 542 tonnes. This growth was fueled by a

OK Zim The largest retail outlet in Zimbabwe, OK Zimbabwe Limited, has reported a 36% decline in volumes for the third quarter ended 31 December 2024 while revenue also decreased by 36% compared to th

ART Holdings has reported a challenging first quarter for the three months ended December 31, 2024, with both sales volumes and revenue experiencing significant declines. Sales volumes decreased by 13

Cables supplier and manufacturer, CAFCA Limited, has reported a robust 23% year-on-year growth in overall volumes for the first quarter of the 2025 financial year, according to its latest trading upda

Zimbabwe's cotton output has fallen by a staggering 96% in just 13 years, according to the latest data from the Confederation of Zimbabwe Industries (CZI). Output plummeted from 360,000 metric tonnes

Zimbabwe’s retail giant, OK Zimbabwe, has thrust itself into the spotlight with a sweeping executive overhaul, axing its seniour management team and reinstalling veterans who once steered the company

Zimbabwe, as the nation braces for widespread power outages as two vital units at Hwange Power Station are set for Class B maintenance and statutory maintenance between March and May. This follows th