finance

SHAMVA Mine, a subsidiary of state-controlled Kuvimba Mining House (KMH) is riding on the soaring international gold prices to generate free cash flows to fund capital projects for expansion. International …

WINES and spirits maker African Distillers Limited (AfDIS) made significant downward price adjustments for its products during first quarter (Q1) to June 30, 2024 in an effort to retain a …

SEEDCO International Limited (SeedCo)’s top line is projected to grow by 14,8 percent during the current financial year ending March 31, 2025 on anticipated improvement in rainfall which will spur …

ZIMBABWE’S energy sector is grappling with significant challenges, notably rolling blackouts that leave citizens in the dark for up to 18 hours a day. Yet, the nation possesses largely untapped …

AN increasing number of young people in Shurugwi, 315 km south-west of Harare, are switching from farming to artisanal mining as a result of climate change, which has been linked …

FINANCIAL services group CBZ Holdings (CBZ)’s asset management division Datvest, expects to complete the Northgate housing project located 17 kilometres north of Harare central business district (CBD) in the next …

ANGLO American says platinum group metals (PGMs) output at its Zimbabwean unit, Unki Mine declined three percent to 117 500 ounces in the first six months of 2024 from 121 …

HOSPITALITY giant Rainbow Tourism Group (RTG) has plans to expand its hotel portfolio across the country as it strategically positions itself for anticipated tourism growth. The ZSE-listed hotelier’s balance sheet …

Scores of households in Bertrams, Johannesburg, are being threatened with service cut-offs, but they have not been receiving municipal bills because of the City of Johannesburg’s faulty property records. The …

ZIMBABWE’S dairy sector has seen a promising 20 percent increase in milk production in the first half of 2024, reaching 55,11 million litres, according to the Agriculture ministry’s Dairy Services …