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ZSE limited warns of regulatory delays in restructuring

ZSE limited warns of regulatory delays in restructuring

Nyashadzashe NdoroChief ReporterThe Zimbabwe Stock Exchange has issued a cautionary notice to its shareholders, advising them to exercise caution when dealing with their shares due to potential delays...

By Audrey Galawu •
Food security concerns weigh on clothing sales: Edgars

Food security concerns weigh on clothing sales: Edgars

Nyashadzashe NdoroChief ReporterEdgars Stores Limited, a leading retail clothing chain in Zimbabwe, has reported a decline in sales due to the challenging economic environment and food security concer...

By Audrey Galawu •
RioZim experiences net loss due to decline in gold production and rising costs

RioZim experiences net loss due to decline in gold production and rising costs

Audrey GalawuAssistant EditorRioZim Limited, one of Zimbabwe’s largest mining companies, reported a net loss for the first half of 2024, citing reduced gold production and elevated production costs as...

By Audrey Galawu •
Government Removes Duty on Fertilizer Imports to Support 2024-2025 Agricultural Season

Government Removes Duty on Fertilizer Imports to Support 2024-2025 Agricultural Season

 Zim Now Writer In a bid to bolster the 2024-2025 cropping season, the Zimbabwean government has announced a suspension of import duties on fertilizers brought in by approved importers. This policy, e...

By Audrey Galawu •
Power supply deficit looms, General Beltings eyes thermal generation boost

Power supply deficit looms, General Beltings eyes thermal generation boost

Nyashadzashe NdoroChief ReporterGeneral Beltings Holdings, a Zimbabwe Stock Exchange listed rubber and chemical products manufacturer, has cited the power supply deficit as a major concern, amidst hop...

By Audrey Galawu •
African Distillers Achieves 7% Revenue Growth to US$26.2 Million

African Distillers Achieves 7% Revenue Growth to US$26.2 Million

Audrey GalawuAssistant EditorAfrican Distillers Limited has posted a resilient 7% revenue growth for the recent half-year, reaching US$26.2 million. Despite facing currency volatility, competition fro...

By Audrey Galawu •
Delta seeks revision of US$54.7m tax payment plan

Delta seeks revision of US$54.7m tax payment plan

Nyashadzashe NdoroChief ReporterDelta Beverages, a leading beverage manufacturer, is seeking a revision of the US$54.7 million tax payment plan imposed by the Zimbabwe Revenue Authority.The tax disput...

By Audrey Galawu •
Vic Falls bourse unveils minerals trading platform

Vic Falls bourse unveils minerals trading platform

Nyashadzashe NdoroChief ReporterThe Victoria Falls Stock Exchange has invited expressions of interest from potential participants in its commodities trading segment, marking a significant milestone in...

By Audrey Galawu •
Chiyangwa’s ZECO Holdings reports moderate revenue growth

Chiyangwa’s ZECO Holdings reports moderate revenue growth

Nyashadzashe NdoroListed engineering firm, ZECO Holdings, a diversified conglomerate, has reported moderate revenue growth despite a challenging operating environment.Businessman Phillip Chiyangwa is...

By Audrey Galawu •
BAT posts 8% decline in sales volumes amid exchange rate distortions

BAT posts 8% decline in sales volumes amid exchange rate distortions

Nyashadzashe NdoroChief ReporterBritish American Tobacco Zimbabwe has reported an 8% decline in sales volumes for the nine months ended September 30, 2024, citing macroeconomic instability and exchang...

By Audrey Galawu •