Zimbabwe's leading brick manufacturer, Willdale Limited, has significantly narrowed its loss for the half-year ended March 31, 2025, by 72.22%, reporting a US$1.79 million loss after tax compared to U...
By Staff reporter | Published: 08 July 2025
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...
By Staff reporter | Published: 02 July 2025
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...
By Staff reporter | Published: 20 June 2025
The ZSE closed the week's trading with a 0.1% loss after moderate losses in some of the highly capitalized counters offset weak gains in other stocks as the market continues to search for a stimulus t...
By Staff reporter | Published: 18 October 2019
LISTED fast food retail giant, Simbisa Brands Limited suffered a net foreign exchange loss of $2,7 million during the year ended June 2019, arising from revaluation of foreign denominated assets and l...
By Staff reporter | Published: 10 October 2019
Bulawayo-based engineering firm Zeco Holdings Limited remains in the red after its loss-after-tax widened by 52% to $886 605 in the six months to June 30, 2019, despite undertaking cost-containment me...
By Staff reporter | Published: 10 October 2019
OPPOSITION MDC has blamed "calculated intimidation and vote buying" for its embarrassing loss of Nyanga ward 26, a claim that Zanu-PF scoffed at as a case of "sour grapes".The ruling party's Bis...
By Staff reporter | Published: 16 July 2019
Econet Wireless Zimbabwe Limited (EWZL) posted a loss after-tax of ZWL$106,4 million in the year ended February 28, 2019, from a profit after-tax of ZWL$132,3 million recorded in 2018 following the un...
By Staff reporter | Published: 02 July 2019
The Zimbabwe Stock Exchange shed a hefty 5.4% with big caps tumbling as the market adapts to the changed currency dynamics. This is the second consecutive losing day after a prolonged bullish sp...
By Staff reporter | Published: 26 June 2019
Lafarge Cement Zimbabwe Limited reversed its prior year-after-tax loss of US$0,6 million to a profit margin of US$1,3 million in the year-ended December 31, 2018, driven by growth in revenue and an e...
By Staff reporter | Published: 03 May 2019
ZIMRE Property Investments Limited (ZPI) says the restructuring of its portfolio led to a loss of US$1,42 million for the year ended December 31, 2018 from a profit after tax of US$2,48 million in the...
By Staff reporter | Published: 01 May 2019
One of the country's top gold producers, RioZim reported a net loss of US$2,3 million in the year ended December 2018 from a net profit of US$8,1 million in 2017 due to a 13% decline in gold output.Th...
By Staff reporter | Published: 30 April 2019
ZIMBABWE'S tourism industry stakeholders say the three-day shutdown that brought business to a standstill severely affected the sector, especially in terms of booking cancellations.The shutdown, which...
By Staff reporter | Published: 20 January 2019
POOR government policies have led to the escalation of the country's economic crisis with an estimated 13 000 people in the western region losing their jobs in the past 12 months, a labour official ha...
By Staff reporter | Published: 06 January 2019
Farmers in Mashonaland West Province are counting their losses after their early planted crop failed to germinate. As a result, they are being forced to buy more inputs including seed, weed control ch...
By Staff reporter | Published: 19 December 2018
Zimbabwe Stock Exchange-listed gold producer, Falcon Gold (Falgold), has narrowed its losses to $1,68 million in the half year to March 31, 2018 compared to $2,4 million in the same period last year.H...
By Staff reporter | Published: 02 July 2018
TELONE has narrowed its operating losses by 42% to $7 million in 2017, owing to cost containment and a growth in broadband revenue.In 2016, the company made a loss of $12 million.In a statement last F...
By Staff reporter | Published: 02 July 2018
EQUITORIAL Guinea President and close friend to former President Robert Mugabe reportedly told the ousted leader to count his blessings for having his life spared during the November coup that saw the...
By Staff reporter | Published: 28 May 2018
THE losing Zanu-PF Makokoba House of Assembly aspiring candidates have warned the politburo's decision to ignore their appeal for a re-run will cost the ruling party during elections as most of their ...
By Staff reporter | Published: 08 May 2018
Zimbabwe Stock Exchange-listed Fidelity Life Assurance tumbled to a loss of $1,3 million in 2017 against the restated profit of $6,4 million in the prior year attributed to shareholder asset write-off...
By Staff reporter | Published: 07 May 2018
Zimbabwe Stock Exchange listed stocks rallied last week and reversed some of the losses recorded earlier in the year as Delta's trading update helped buoy the markets. By the close of trading last wee...
By Staff reporter | Published: 23 April 2018
LAFARGE Cement Zimbabwe Limited posted a loss of $609 589 for the year ended December 31, 2017, on the back of an increase of costs and expenses.In a statement accompanying the financial results relea...
By Staff reporter | Published: 04 April 2018
BARCLAYS has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 an...
By Reuters | Published: 04 April 2018
President Robert Mugabe is now too old too old to remember anything and government is no longer taking his statements seriously, his successor and long time ally President Emmerson Mnangagwa told gues...
By Staff reporter | Published: 23 March 2018
The Zimbabwe Stock Exchange All-Share Index dropped a marginal 0,06% to close at 86,2 points as profit taking continues on the local bourse.The top 10 Index also declined by 0,27% to 84,73...
By The Source | Published: 18 March 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
