Company News

2 weeks ago | March 22, 2024

About ZB Financial Holdings

ZB Financial Holdings is one of the diversified financial services counters on the Zimbabwe Stock Exchange. ZB Financial ...

Nvidia shares close up after company unveils latest AI chips

Nvidia stock closed up 1 percent on Tuesday after CEO Jensen Huang said in an analyst meeting that the company expects ...

3 weeks ago | March 21, 2024

NSSA value shrinks as inflation takes toll

Business Writer Zimbabwe’s social safety net is facing strain due to high inflation, which has significantly ...

Mukuru expands footprint to Uganda

Business Writer  Leading cross border money transfer service provider, Mukuru, is expanding its services in new markets ...

3 weeks ago | March 20, 2024

Low PGM prices take toll on Zimplats, forced to retrench. . . ...

Zimplats, a subsidiary of Impala Platinum of South Africa, has taken a major knock from low metal prices on the global ...

3 weeks ago | March 19, 2024

CAPS takeover dispute remains after court decision

Business Writer Government has initiated consultations to address the dispute over the ownership of CAPS Holdings, the ...

3 weeks ago | March 18, 2024

Old Mutual says ‘lessons learnt’ in social media furore over ...

moneyweb.co.za  By Liesl Peyper Insurer Old Mutual claims it was always going to pay out the pension of a particular ...

3 weeks ago | March 15, 2024

New city development entices Willdale

Nelson Gahadza Brickmaker, Willdale Limited, says the development of a new city in Mt Hampden presents an opportunity ...

Simbisa Brands expands regionally, navigates challenges in Zim

Enacy Mapakame Simbisa Brands, the Quick Service Restaurant (QSR) group, reports a positive contribution from its recent ...

Global downturn, local challenges strain BNC

Michael Tome Business Writer VICTORIA Falls Stock Exchange (VFEX) listed entity, Bindura Nickel Corporation (BNC) says ...

Old Mutual expects up to 45 percent jump in profit

Pan-African financial services group Old Mutual has said its profits surged as much as 45 percent last year due to ...

4 weeks ago | March 13, 2024

Three – month suspension for Truworths

Business Writer The Zimbabwe Stock Exchange Limited (ZSE) has suspended clothing retailer, Truworths from trading for a ...

4 weeks ago | March 12, 2024

FLAM outlines strategies for growth despite Challenges

Business Writer Fidelity Life Asset Management (FLAM) believes the recent lifting of sanctions will benefit the country ...

1 month ago | March 8, 2024

Nedbank unfazed by operational headwinds in Zim

Nelson Gahadza Nedbank Group says despite operational headwinds in Zimbabwe, the market remains favourable largely as a ...

About Truworths

Truworths Limited is a Zimbabwe Stock Exchange-listed clothing manufacturing company that was founded in 1957 and is ...

Simbisa leverages on increased consumer spend, new stores rollout

Michael Tome VICTORIA Falls Stock Exchange Listed (VFEX) listed Simbisa Brands says average spend increase and new ...

Cheap imports, ZWL credit suspensions affect Truworths’ volumes

Nelson Gahadza Truworths Limited says units sold in the full year to July 9, 2023, declined by 33,8 percent due to the ...

1 month ago | March 1, 2024

Invictus ordered to explain suspected ‘stock ramp-up’

Golden Sibanda THE Australian Stock Exchange (ASX) has demanded an explanation from Invictus Energy, which recently ...

Zimplats institutes stringent measures to survive weakening PGM prices

Nelson Gahadza Zimbabwe’s platinum producer, Zimplats, says it instituted a number of survival strategies with stringent ...

Agro-focused companies project a tougher 2024

Nelson Gahadza Agro-focused companies listed on the Zimbabwe Stock Exchange (ZSE) are facing a tougher 2024 as a result ...