Search results for 'PROFITABILITY'
Companies
Rainbow Tourism Group's Financial Performance Analysis

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

Oct 02, 2024
Companies
BAT’s New Strategic Focus: Cost Optimization to Mitigate Earnings Crunch

British American Tobacco Zimbabwe, a prominent manufacturer and distributor of tobacco products, has sustained its comprehensive cost reduction initiative aimed at optimizing operational efficiency an

Nov 05, 2024
Companies
Pathway to Recovery: BAT’s Q3 Under Glance

British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company

Nov 08, 2024
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

Jan 23, 2025
Markets
Supermarket Recovery, Hospitality Boom Lift Meikles Out of the Red

Meikles Limited showcased a notable recovery in its third quarter ended 30 November 2024, reversing the underperformance seen in the first half of FY2025. This turnaround was driven primarily by impr

Mar 03, 2025
Companies
Nampak Sustains 1HY Profitability Despite Soft Volumes: Targets Regional Markets for Growth

Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in

Jun 02, 2025
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits

Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes

Jul 09, 2025
Companies
Mill Closure Weighs on ART Holding's Q3  2025 Performance

The Amalgamated Regional Trading Holdings Limited (ART Holdings) has temporarily stopped operating its mill, a move that has triggered material closure costs and weighed heavily on the Group’s third-q

Aug 20, 2025

Top Stories

Gold Eyes $5k by 2026 as Shutdown, Bank Distress Cement $4K Rally

Gold's relentless climb reached new heights on October 17, 2025, with spot prices surging to around $4,365 per ounce on Friday, reclaiming momentum toward the week's record peak of $4,379.93 and posit

1 day ago

President Mnangagwa Introduces $150 'Presidential Bonus Scheme' for Civil Servants, Further Benefits Planned

he Government of Zimbabwe has introduced a series of measures aimed at improving the welfare of its civil servants, a group that has long grappled with economic hardship. Among these is a presidential

1 day ago

Zimbabwe’s Health Turning Point: Inside the Economics and Humanity of the 2026 National Health Insurance Rollout

In a country where a visit to the doctor can still mean a choice between healing and hunger, Zimbabwe’s plan to launch its National Health Insurance (NHI) in June 2026 represents more than a policy mi

1 day ago

IPEC HY'25 Pension Sector Performance: Assets Grow to $3 Bn, Arrears Rise to $100 Mn Amid Declining Income

The pensions sector in Zimbabwe, as reported by the Insurance and Pensions Commission (IPEC) for the half-year ended 30 June 2025, showed strength with a significant 6% increase in total assets, reach

Oct 16, 2025

ZSE Holdings’ Q3 2025: VFEX Cap Hits $2B, ZSE Profit Soars Past 1000%

The Zimbabwe Stock Exchange (ZSE) and its counterpart, the Victoria Falls Stock Exchange (VFEX), demonstrated a blend of resilience and strategic progress in Q3 2025, as outlined in ZSE Holdings’ Q3 N

Oct 16, 2025

VFEX Turnover Doubles to $17M as Market Cap Surpasses $2B for the First Time

Zimbabwe's US dollar-denominated bourse, the Victoria Falls Stock Exchange (VFEX), has achieved a landmark milestone in Q3 2025 by surpassing $2 billion in market capitalisation for the first time, re

Oct 14, 2025

West Prop’s PAT Plummets 40% as Costs Surge, Handovers Stall in H1 2025

One of the leading property development companies in Zimbabwe, West Properties (West Prop), has seen both topline and profit after tax (PAT) nosediving during the half year to 30 June 2025 due to timi

Oct 10, 2025

Zimbabwe's Macroeconomic Stabilisation: Insights from the 2025 IMF Article IV Consultation

imbabwe's economy has navigated a turbulent path marked by hyperinflation, currency instability, and external shocks, but the 2025 IMF Article IV consultation highlights a tentative stabilisation amid

Oct 09, 2025