Search results for 'ZIMBABWE'
Companies
TN CyberTech Adopts 50% Payout Policy, Declares US$2.8 Million Interim Dividend in HY 2026
TN CyberTech Investments ,the Zimbabwe Stock Exchange-listed holding company formerly known as EcoCash Holdings Zimbabwe, has declared an interim dividend of 0.06674934 US cents per share for the six
Sep 02, 2026
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Companies
Ariston Tea Output Falls 70% as Funding Constraints Persist After US$3m Funding Injection
Ariston Holdings’ tea production fell 70% to 532 tonnes in the third quarter ended June 2026 from 1,770 tonnes a year earlier, placing the group’s funding structure back at the centre of its operation
Sep 03, 2026
Zimbabwe
ZB Taps Fintech Executive Matsaudza to Turn Digital Investment Into Core Banking Growth
Matsaudza brings more than 17 years of experience across African financial and telecommunications markets. ZB’s appointment announcement says he previously served as Managing Director of O’mari, the f
Sep 04, 2026
Zimbabwe
Five Years of Growth, Limited Job Gains: World Bank Flags Zimbabwe’s Productivity Gap
The World Bank has flagged Zimbabwe’s failure to convert strong economic growth into productive employment, with about 80% of working Zimbabweans now operating in the informal sector where median mont
Sep 07, 2026
Companies
Kavango Appoints Former AngloGold Executive as Zimbabwe Gold Strategy Advances
Kavango Resources has appointed former AngloGold Ashanti executive Jasper Musadaidzwa as Chief Executive Officer and Executive Director with immediate effect as the London and VFEX-listed miner develo
Sep 07, 2026
Zimbabwe
Old Mutual Tests Zimbabwe’s Return to Group Earnings After Seven-Year Ring-Fence
Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years
Sep 08, 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
3 hours 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
4 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.
4 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
4 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
14 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
15 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
