African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of
Jul 25, 2023
The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581
Jun 24, 2024
The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024
Jul 25, 2024
Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d
Jul 29, 2024
Tanganda Tea Company has closed a US$8 million rights offer that lifted cash to US$5.18 million at 31 March 2026, from US$519,561 six months earlier, moving the binding constraint on its recovery from
Willdale Limited, the country’s only listed brick maker has increased fired brick production by 44% during the quarter ended June 2026 and still sold 4% fewer bricks, exposing a working capital constr
Willdale Limited’s sales volumes fell 4% in the quarter ended 30 June 2026 after insufficient stock restricted deliveries during a period of strong demand for bricks from housing and infrastructure pr
The Zimbabwe Stock Exchange-listed diversified group, Amalgamated Regional Trading Holdings, battery volumes in Zimbabwe fell 26% year on year in the third quarter ended June 2026, as working capital
Hichilema secures a second term decisively. Whether that mandate converts into the stability business actually needs is the test now beginning. Zambia Election 2026, Hakainde Hichilema, Brian Mundubil
Zambia has given President Hakainde Hichilema a second five year mandate after an election that turned the country's economic recovery into a national vote and placed the quality of its democracy unde
Nampak, the country’s biggest packaging company has generated US$67.8 million in revenue during the nine months to June 2026, 9% ahead of the comparative year, propelled by volumes growth of 16%, supp
Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re
