Companies

Companies

Nedbank Hits Historic 8 Million Client Milestone in 2025, Eyes 66% Stake in NCBA Group

Nedbank Group, one of South Africa's four major banks, has achieved a historic milestone by reaching 8 million clients for the first time in its nearly 140-year history according to the latest circula

Mar 03, 2026
Companies
Nestlé Begins SA Retrenchments Amid Global 16,000-Job Cut

Nestlé’s global , the world's largest food and beverage company’s restructuring programme has reached South Africa, with the group initiating retrenchment consultations affecting more than 400 employe

 Mar 02, 2026
Companies
Zimplats Profit Soars 3,376% in HY26, Set for Third US$1bn Revenue

Zimplats Holdings Limited, Zimbabwe's largest platinum producer, has recorded a 3,376% increase in profit after tax to US$143.7 million from US$4.1 million in the comparative period, according to the

 Feb 27, 2026
Companies
Simbisa Brands to Open 31 New Stores, Reports 78% Surge in Profit in HY 26

Simbisa Brands Limited, the quick-service restaurant (QSR) giant listed on the Victoria Falls Stock Exchange (VFEX), plans to open 31 new stores over the next six months according to the short form an

 Feb 26, 2026
Zimbabwe
OK Zimbabwe's Corporate Rescue: We Called It, And It's Worse Than We Thought

It is rarely satisfying to be right when the consequence is corporate distress, job losses, and shareholder value destruction. But intellectual honesty demands that we revisit what Equity Axis had fla

 Feb 25, 2026
Companies
Valterra Platinum Nearly Doubles Profit, Proving Demerger a Value-Unlocking Triumph

Valterra Platinum has delivered a compelling vindication of its demerger from Anglo American as the adjusted EBITDA soared 68% to R33.4 billion, headline earnings per share nearly doubled to R63.48 (u

 Feb 25, 2026
Companies
Sibanye Projects 30% Production Decline, Writes Down Mimosa by US$28.74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

 Feb 24, 2026
Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits

In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro

Feb 23, 2026
Greenfields Feeds the Bottom Line: Food and Entertainment Are Rewriting Zimbabwe's Retail Story

Tigere's entire portfolio operates on US dollar leases, which insulates its rental income from local currency fluctuation and provides investors with predictable returns. For the 2025 financial year,

Feb 23, 2026
Sibanye Projects Production Decline, Writes Down Mimosa by US$28,74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

Feb 23, 2026
Caledonia Secures Bank Backing for Bilboes as Production Base Strengthens Amid Gold Bull Run

Caledonia Mining Corporation Plc has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million, marking a significant step in the financ

Feb 23, 2026

CAFCA's Q1 2026 Sales Volumes Rise 3% as Exports Surge ,Copper Demand Recovers

Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin

Feb 20, 2026

Tanganda Shareholders Approve US$8m Capital Raise, Strengthening Innscor Entry Path

Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed  d

Feb 19, 2026

Hippo Valley Ships 36,000 Tonnes to EU in Stellar Q3 Performance

Hippo Valley Estates, Zimbabwe's dominant sugar refiner, has dispatched 36,000 tonnes of refined sugar to the European Union in a post-period transaction, availing itself of duty-free, quota-free acce

Feb 18, 2026

Cost Discipline Intensifies as ART Faces Soft Start to 2026

The Zimbabwe Stock Exchange (ZSE)-listed diversified outfit, Amalgamated Regional Trading (ART) Holdings, has opened its 2026 financial year under pressure, with overall sales volumes easing 1% in the

Feb 18, 2026

Willdale Sales Volumes Plunge 49% as Working Capital Crunch Bites

Willdale Limited, Zimbabwe’s sole publicly listed brick manufacturer has recorded a steep decline in volumes for the quarter ended 31 December 2025, as working capital shortages constrained production

Feb 18, 2026

Tanganda Narrows Loss as Packed Tea Sales Rise 37% in Q1 26

Tanganda Tea, a diversified company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a 37% surge in packed tea volumes, to 453 tonnes for the first quarter ended 31 December 2025 from 330 ton

Feb 17, 2026

U.S. Tariffs Loom on Russian Palladium Post-Sibanye Appeal: Boost for Mimosa?

Sibanye-Stillwater, the Johannesburg-based mining giant with a diverse portfolio spanning platinum group metals (PGMs), gold, and battery metals, has scored a preliminary victory in its campaign to im

Feb 17, 2026

Tobacco Demand Drives 39% Surge in Nampak Zimbabwe Q1 Sales Volumes

Nampak Zimbabwe Limited, the country’s largest packaging firm has recorded a 39% increase in group sales volumes for the first quarter to December 2025, largely driven by a surge in tobacco-related de

Feb 16, 2026