Search results for 'Profitability'
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
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
Zambia
Klapton Re Delivers Record Underwriting Performance as Insurance Service Result Surges 81% to ZMW 668 Million on Elite 78% Combined Ratio
Klapton Reinsurance has posted its strongest operational results since inception, with the insurance service result, the clearest measure of core reinsurance profitability under IFRS 17, surging 80.8
Apr 08, 2026
Top Stories
Zambia Rejects $2B US Health Carrot: Haimbe Exposes Secret 'Minerals-for-Medicine' Link
Zambia's Foreign Minister Mulambo Haimbe has disclosed on 4 May 2026 that negotiations with the United States over two proposed bilateral agreements, a health cooperation framework worth up to USD 2 b
3 hours agoMozambique, South Africa Drive Zimbabwe’s Q1 Growth: America’s Slump Weakens March Arrivals
Zimbabwe's tourism sector has recorded 384,561 international arrivals in the first quarter of 2026, an 11% increase year-on-year, generating USD 251 million in tourism receipts, a 14% improvement from
6 hours agoFunny Facts About Zim-Regional Fuel Prices: Zambia’s Cheaper Fuel Passes Through Zimbabwe First
Zambia imports a substantial portion of its refined petroleum products through Zimbabwe, transiting Beit Bridge and travelling north along the Harare-Chirundu highway corridor before crossing into Lus
11 hours ago
