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

Zimbabwe Surpasses 40-Tonne Gold Target Early, Earnings Eye Over $4 Bn: But is Treasury Benefiting?

Zimbabwe's gold sector has achieved a notable milestone in 2025, surpassing its annual production target of 40 tonnes with a cumulative year-to-date output of 41.4 tonnes as of November, exceeding pro

Dec 11, 2025

Kavango Extends Nara Deal as Legal Hurdles Slow Completion

Kavango Resources plc, the London- and VFEX-listed exploration company, has pushed back completion of its planned acquisition of the Nara Gold Project to 27 February 2026, a move that while expected w

Dec 11, 2025

Nampak's Volumes Down 5%, Cash Up 264% as Balance Sheet Strengthens in Tough Year

Nampak Zimbabwe, the country’s dominant packaging manufacturer, delivered a classic tale of top-line pressure and bottom-line resilience for the financial year ended 30 September 2025. Group sales vol

Dec 09, 2025

Zimbabwe's Exports Surpass $1 Billion for First Time, Imports Steal the Show at $1.03 Billion

Zimbabwe has achieved a historic milestone in October 2025, with monthly exports surpassing the US$1 billion threshold for the first time, reaching US$1.02 billion. This represented a strong 20.2% mo

Dec 08, 2025

Econet Flags “Gross Undervaluation” as Board Eyes Possible "ZSE Delisting"

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

Dec 08, 2025

ZiG Defies Gravity: On Track for Best Annual Performance in 25 Years

Zimbabwe is experiencing one of the most remarkable gold production surges in its history, achieving a record 36.48 tonnes in 2024 after a dip to 30.1 tonnes in 2023, with 2025 now firmly on track to

Dec 05, 2025

Fiscal Fiasco to Gold Reckoning: Zimbabwe’s Boom Finally Pays the Treasury

Zimbabwe is experiencing one of the most remarkable gold production surges in its history, achieving a record 36.48 tonnes in 2024 after a dip to 30.1 tonnes in 2023, with 2025 now firmly on track to

Dec 04, 2025

Seed Co International Narrows Half-Year Losses by 93% in HY 2026

Seed Co International Limited (SCIL) has delivered its strongest interim performance in years after narrowing its loss for the six months to 30 September 2025 to  US$0.2 million, an improvement  from

Dec 04, 2025