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Edgars Stores returns to profit as revenue jumps in first half

Zimbabwe Stock Exchange (ZSE) listed Edgars Stores Limited returned to profit in the half-year to July 6, 2025, after the clothing retailer recorded a...
Business

Zim’s manufacturing sector bullish over business climate

Capacity utilisation for large manufacturing companies increased by 4,1 percentage points to 57,3 percent in the second quarter of this year, compared to 53,2...
Business

South Africa’s biggest retailer selling and closing stores

Shoprite, South Africa’s biggest grocery retailer, is closing down its operations in Ghana and Malawi as part of a broader strategy that has seen...
Business

Simbisa forks out nearly US$1m in Fast-Food Tax

Simbisa Brands Limited paid close to US$1 million to the Zimbabwe Revenue Authority (ZIMRA) in Fast-Food Tax between January and June 2025, demonstrating its...
Business

Zimbabwe Energy Minister Stresses Baseload Power as Key to Industrial Growth

CAPE TOWN, South Africa – Zimbabwe’s Minister of Power and Energy Development, July Moyo, has warned that the country’s industrialisation ambitions – and Africa’s...
Business

Manufacturing companies bullish over business climate

Capacity utilisation for large manufacturing companies increased by 4,7 percentage points to 57,3 percent in the second quarter of this year compared to 53,2...
Business

Unifreight reports 231% revenue growth

Unifreight Africa has reported a strong financial performance for the half-year ended 30 June 2025, driven by expanding cross-border operations and increased trade activity...
Business

Caledonia weighs phased Bilboes build, CEO says

Zimbabwe-focused Caledonia Mining Corporation (LSE, NYSE American: CMCL) says it will decide by year-end whether to develop its Bilboes gold project in stages, a...
Business

Hwende Committee to Summon Mutapa Investments CEO Over ZESA Reporting Concerns

HARARE – Chalton Hwende, Chairperson of the Parliamentary Portfolio Committee on Energy and Power Development, has announced plans to summon John Panonetsa Mangudya, Chief...
Business

Zimbabwe, DRC and Nigeria Advance Mineral Beneficiation

CAPE TOWN, South Africa, October 2, 2025/APO Group/ -- Mining Ministries from Zimbabwe, Nigeria and the Democratic Republic of Congo (DRC) showcased measures driving...
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