JSE-listed packaging company, Nampak Limited has provided an upbeat outlook for its financial performance in the second half of the 2023 fiscal year. According to the company's projections, Nampak is
Jun 20, 2024
British American Tobacco Zimbabwe, a prominent manufacturer and distributor of tobacco products, has sustained its comprehensive cost reduction initiative aimed at optimizing operational efficiency an
Nov 05, 2024
British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company
Nov 08, 2024
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
Nov 21, 2024
Zimplow Holdings, Zimbabwe's leading supplier of tires, mining, and agricultural equipment, has projected that it will not achieve profitability in FY2024, although a near break-even outcome would be
Dec 06, 2024
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
Jun 10, 2025
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
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
