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Hippo Valley Production Plunges

Sugar cane production at Hippo Valley Estates Limited declined 12 percent during the first quarter ended June 30, 2020 resulting in an eight percent slump in sugar produced compared to same period last year. Earlier in the year, the…

Zimplats Augments Output

Mineral production grew two percent from previous quarter for platinum group of metals miner, Zimplats Holdings in the three months to 30 June 2020 on account of increased operating days during the period. The miner enjoyed essential…

Starafrica Profit Narrows

ZSE-listed-sugar processor, Star Africa Corporation managed to sustain profitability in the full year ended 31 March 2020 after posting a profit after tax of ZWL$ 55 million (inflation adjusted), a decrease from ZWL$ 68 million achieved…

Zim Dollar Value Plummets Again

The local Zimbabwean dollar has continued to lose value against the United States dollar following Tuesday's foreign currency exchange auction with the official exchange rate now standing at ZWL$76.7596 from last week's ZWL$72.1470. An…

Expedite ZSE Re-Opening: Analysts

There is growing criticism of government’s lack of urgency to lift the suspension of trading on the Zimbabwe Stock Exchange (ZSE) with analysts urging authorities to expedite the process for the benefit of local businesses, 263Chat Business…
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