The US government budget deficit widened by 157% to US$227.8 billion in June 2023, up from a US$ 88.8 billion gap in the same month of the previous year. This figure fell below market expectations of

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

The 1,080.1 carat diamond, measuring an impressive 82.2 x 42.8 x 34.2mm, is a Type IIa top white gem of exceptional quality. Discovered in the Coarse XRT unit at Karowe, the diamond was obtained throu

Nampak Zimbabwe Limited, a distinguished entity listed on the Zimbabwe Stock Exchange (ZSE), has maintained profitability in the 9 months to June 2023 despite facing power and supply constraints chal

Ariston Holdings, a prominent agricultural Group, has successfully concluded a solar project commissioned in July to mitigate the impact of power challenges on production costs and output. The decisio

Willdale Limited, a brick maker in Zimbabwe, has reported robust revenue growth of 83% to ZWL 20 billion during the nine months leading up to June 2023, despite the challenges posed by exchange rate d

Amalgamated Regional Trading Holdings Limited (ART Holdings) has witnessed a decline in volumes across its main categories, with the exception of the Eversharp and estates divisions. This decline was

Letshego's digital transformation journey has yielded impressive results, with 60% of its core customers migrating to the Digital Mall platform. This represents a remarkable 38% year-on-year increase

Zimplats Holdings Limited, a key player in the platinum group metals (PGMs) industry, has witnessed a notable 7% increase in mined volumes, despite experiencing a decline in profitability caused by vo

Unifreight Africa Limited, a transportation and logistics company, has reported a half-year loss for the period of six months ended 30 June 2023, as stated in the latest financial results of the Group

Cigarette maker and distributor, British-American Tobacco (BAT), has reported a half-year loss for the period ended 30 June 2023. This loss is particularly significant as it has doubled from the previ

Cigarettes manufacturer, British-American Tobacco has reported a 7% decline in sales volumes during the third quarter ended 30 September 2023 according to the Group’s latest trading update. However, d

In a recent development, Omnia Zimbabwe, a prominent player in the chemicals industry, has contested an income tax assessment received from the Zimbabwean Revenue Authority (ZIMRA) on April 28, 2023.

Despite the obstacles encountered, Willdale experienced a remarkable surge in its inflation-adjusted revenue in 2023. The company's revenue reached a staggering ZWL 37 billion, a whopping 106% increas

Amalgamated Regional Trading Holdings Limited (ART), a leading trading and manufacturing company based in Zimbabwe, has released its financial results for the fiscal year ended September 30, 2023. The

Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper

Nampak Zimbabwe, the packaging firm, displayed impressive financial growth as its revenue surged by a remarkable 46% to ZW$573.78 billion for the full year ending on September 30, 2023. This substanti

The trading update highlighted the unfavorable climate conditions in the first quarter, with below-average rainfall and extremely hot weather impacting agricultural operations. However, the weather im

TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf

AB InBev, the leading global brewer, has experienced significant expansion in its operations in South Africa and Africa. This growth can be attributed to the company's strategic focus on capturing mar