Search results for 'COMPANY'
Companies
Zimbabwe's Largest Hotel Group Exits VFEX: Reasons Say More About the Exchange Than Company
African Sun Limited has ceased to be a listed company at midnight on Monday, 20 April 2026, becoming effective from that date a Public Unlisted Company following the formal termination of its listing
Apr 21, 2026
Zimbabwe
Nampak Writes Down Zim Operations by R136 Million and Exits, Cites Need to "Eliminate Risk"
Nampak Limited, the JSE-listed packaging manufacturer, reported normalised headline earnings of R346 million for the six months ended 31 March 2026, up 9% from R317 million in the comparable period of
May 29, 2026
Zimbabwe
Zimbabwe’s Aviation Recovery Leaves CAAZ Behind With US$52m Debt, Bigger Losses
Zimbabwe’s aviation market is expanding around a regulator whose balance sheet remains under considerable financial strain according to the Auditor General’s report. The Civil Aviation Authority of Z
Aug 27, 2026
Companies
Tanganda Revives VFEX Listing Two Years After Abandoning Migration, Moves Closer to Innscor
Tanganda Tea Company is evaluating a voluntary delisting from the Zimbabwe Stock Exchange (ZSE) and a listing on the Victoria Falls Stock Exchange (VFEX), two years after its first attempt at the move
Oct 02, 2026
Zimbabwe
ZRA Cuts Kariba Water Allocation 36%, Adds Pressure to Zimbabwe’s Electricity Shortfall
The Zambezi River Authority, which manages Kariba Dam on behalf of Zimbabwe and Zambia, has cut the combined water allocation for electricity generation in 2027 by 36.1% to 23 billion cubic metres, ac
Oct 14, 2026
Companies
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026
Zimbabwe
Southern Africa's Lithium Race: Zimbabwe Leads Production as DRC and Namibia Pursue Rival Processing Policies
Zimbabwe has emerged as Southern Africa's leading lithium producer, accounting for an estimated 9.7% of global mine output in 2025, but its proposed transition from concentrate exports to chemical pro
Nov 04, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 hour agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
2 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
2 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
3 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
13 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
13 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
