IFRS 17 compliance remains a challenge: IPEC
Talkmore Gandiwa
HARARE - The Insurance and Pensions Commission (Ipec) said insurance companies continue to face challenges in complying with the requirements of International Financial...
Contango Holdings Secures Investment for Zimbabwe Coal Project
HARARE - Contango Holdings Plc has announced a strategic financial boost for its Muchesu coal project in Zimbabwe, securing £1.58 million through a new...
MMCZ misses first half targets as low PGM prices weigh
HARARE - Zimbabwe's sole minerals marketing agent sold 1.9 million metric tonnes (mt) worth US$1.5 billion in the first half of 2024, falling short...
Prospect Resources exploring for lithium in Bikita Gem JV
HARARE - Prospect Resources says it executed a Joint Venture Earn-in Agreement in late May on the Bikita Gem Project.
This comes as the company...
Edgars Stores to open 16 new stores in F24
Itai Ndongwe
HARARE – Edgars Stores plans to open 16 new stores this year as it continues implementing its turnaround strategy following years of decline.
On...
Zim’s population projected to rise 39% to 21m by 2042: Zimstat
HARARE - Zimbabwe's population is projected to reach 21.2 million by 2042, indicating a 39.47% increase from the 2022 population of 15.2 million from...
GB Holdings turnover down 10% in 5 months to May
Ryan Chigoche
HARARE - General Beltings turnover in the five months to May dipped 10% to US$ 1.87 million from US$2.077 million posted in the...
Ahead of Starlink launch, TelOne partners Eutelsat OneWeb for high speed internet
Itai Ndongwe
TelOne has announced a strategic agreement with British-based global low-earth orbit satellite communications network firm, Eutelsat OneWeb, for internet service to give Zimbabwean...
Zimplow revenue declines 20% in 5 months to May
Itai Ndongwe
HARARE - Zimplow Holdings Limited, a leading manufacturer and distributor of agricultural equipment and services, has reported a significant decline in revenue for...
FinSec CEO Tapfumaneyi elected CoSSE chair
HARARE - The Committee of SADC Stock Exchanges (CoSSE) has announced the appointment of Collen Tapfumaneyi, CEO of Financial Securities Exchange (FINSEC) as chairman...
