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Caledonia Profit Jumps 69% Despite Falling Gold Output

Caledonia Profit Jumps 69% Despite Falling Gold Output

Caledonia Mining Corporation posted a sharp rise in first-quarter profitability for 2026, as soaring global gold prices offset declining production volumes and rising operating costs, highlighting how...

By Oscar Jeke •
Kavango Resources to issue 36.5 million new shares in capital raise

Kavango Resources to issue 36.5 million new shares in capital raise

 Mining exploration firm Kavango Resources plc has announced plans to issue more than 36 million new ordinary shares as part of a funding arrangement aimed at strengthening investment participation an...

By ZimNow Reporter •
African Distillers Limited Targets Next Growth Phase With US$8 Million Capacity Investment

African Distillers Limited Targets Next Growth Phase With US$8 Million Capacity Investment

 African Distillers Limited is entering a new expansion phase anchored on an US$8 million investment in a state-of-the-art packaging line, as the beverages manufacturer positions itself to sustain rap...

By Audrey Galawu •
Chaibva Appointed Zimplow Acting CEO

Chaibva Appointed Zimplow Acting CEO

 Zimplow Holdings has announced the departure of Group Chief Executive Officer Willem Swan, effective 1 May 2026, marking a leadership shift at a moment when the company’s recovery efforts are beginni...

By ZimNow Reporter •
African Sun’s Quiet Exit Exposes Deep Cracks in Zim’s US-Dollar Stock Market

African Sun’s Quiet Exit Exposes Deep Cracks in Zim’s US-Dollar Stock Market

 When African Sun Limited quietly exited the Victoria Falls Stock Exchange in April, the move initially appeared to be another post-pandemic restructuring by a hotel group still recovering from COVID-...

By Nyashadzashe Ndoro •
Debt Crisis Moves to Communities as ZIMCODD Launches Grassroots Accountability Hubs

Debt Crisis Moves to Communities as ZIMCODD Launches Grassroots Accountability Hubs

Zimbabwe’s escalating debt burden is increasingly becoming a grassroots governance issue rather than just a macroeconomic concern, as civil society groups move to push public debt debates beyond Treas...

By Oscar Jeke •
Mining Dominates Zimbabwe’s Economy as GDP Growth Loses Momentum

Mining Dominates Zimbabwe’s Economy as GDP Growth Loses Momentum

Zimbabwe’s economy remained in positive territory through 2025, but slowing growth in the final quarter of the year points to weakening momentum despite strong contributions from mining, manufacturing...

By Oscar Jeke •
RTG Declares US$1,7 Million Final Dividend for Shareholders

RTG Declares US$1,7 Million Final Dividend for Shareholders

 Rainbow Tourism Group Limited has declared a second and final dividend of US$1,7 million for the financial year ended December 31, 2025, reflecting the hospitality group’s continued commitment to del...

By Audrey Galawu •
Zimplats Output Hit by Smelter Maintenance, Gold Production Falls Sharply

Zimplats Output Hit by Smelter Maintenance, Gold Production Falls Sharply

 Platinum group metals producer Zimplats recorded a steep decline in gold production during the quarter ending March 2026 after scheduled smelter maintenance disrupted final metal processing operation...

By ZimNow Reporter •
BlackRock Adjusts Stake in Caledonia Mining

BlackRock Adjusts Stake in Caledonia Mining

 Global asset management giant BlackRock has adjusted its shareholding in Zimbabwe-focused gold producer Caledonia Mining Corporation Plc, a development that highlights continued international investo...

By Nyashadzashe Ndoro •