Search results for 'Financial results'
Zimbabwe
Amalgamated Regional Trading Holdings Reports Decreased Profits in FY 2023, Faces Audit Concerns
Amalgamated Regional Trading Holdings Limited (ART), a leading trading and manufacturing company based in Zimbabwe, has released its financial results for the fiscal year ended September 30, 2023. The
Jan 04, 2024
Zimbabwe
Starafrica Corporation Faces Uphill Battle Amid Challenging Business Environment
Starafrica Corporation, a prominent participant in the sugar industry, has recently disclosed its performance, which mirrors the multitude of hurdles it encountered during the period ended September 3
Feb 06, 2024
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Companies
Mash Holdings’ Rental Income Grows 15% Spurred by New Tenants at Pomona Centre
Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), reported strong rental income growth in the first half of 2025, by its developme
Aug 28, 2025
Zambia
Zambian Breweries Stages Dramatic Turnaround with US$15.1 Million Profit Amid Regional Beverage Boom
ambian Breweries Plc has delivered a remarkable full-year recovery, posting a consolidated net profit of ZMW 294.769 million (≈US$15.1 million) for the year to December 2025, reversing a substantial Z
Mar 12, 2026
Zambia
Selling Itself to Survive: Decoding Standard Chartered Zambia's 2025 Performance
Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t
Mar 15, 2026
Zambia
Revenue Down, Losses Doubled: Puma's Results Expose Hidden Cost of a Stronger Kwacha
Puma Energy Zambia, the country's listed downstream fuel distributor and one of the most recognisable names at the Zambian pump, has reported full year results for 2025 that lay bare a business under
Mar 15, 2026
Companies
Zimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously
Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an
Apr 07, 2026
Top Stories
Zimbabwe’s Vehicle Industry Revival: Can Century Auto’s US$10m Injection Turn the Tide?
Century Auto Assembly, operating under Bronzepels Investments, is within weeks of commencing production at its USD 10 million vehicle assembly facility in Mt Hampden, Mashonaland West Province. The pl
Jun 18, 2026Zimbabwe Completes 143 Projects as Energy and Lithium Capacity Anchor First 100-Day Cycle
Zimbabwe has completed 143 of 242 projects in its First 100-Day Cycle of 2026, covering the period 9 February to 19 May 2026, with the remaining 99 described in the End of Cycle Report as nearing comp
Jun 17, 2026A Turning Point for Zimbabwe’s Fertiliser Sector: Inside Broxmen’s US$500 Million Investment
hinese investor Broxmen Industrial Park, also known as Broxmen Investments and operator of the Sunny Yifeng tile manufacturing plant in Norton, is set to invest US$500 million in the development of a
Jun 16, 2026Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
Jun 16, 2026Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
Jun 16, 2026
