Search results for 'business'
Companies
Gold Windfall Powers Padenga Profit to $57m as Crocodile Losses Deepen

Padenga Holdings posted its strongest financial performance in years for the twelve months to 31 December 2025, with profit before tax more than doubling to $93.9 million from $43.8 million as a sust

Apr 09, 2026
Companies
Tongaat Hulett’s Fate Hangs in Balance as Provisional Liquidation Hearing Opens Today

Tongaat Hulett Limited faces a defining moment in Durban High Court today as the long-running provisional liquidation application against the company is finally heard, with the outcome likely to deter

Apr 16, 2026
Zambia
Zambeef Discloses USD5 Million Power Deal with Non-Executive Director’s Company

Zambeef, has formally disclosed a significant related-party transaction under AIM Rule 13, entering a long-term electricity supply agreement with Kanona Power Company Limited, a company in which Non-E

Apr 16, 2026
Companies
Tea Collapse, Thin Cash, Rising Debt: Ariston’s Recovery Still Hangs in the Balance

Ariston Holdings Limited, the Zimbabwe-listed agribusiness that farms tea, macadamia nuts, and specialty crops across estates including Southdown and Kent has posted a revenue of 21% to $5.6 million,

Apr 17, 2026
Companies
Edgars Grows Profit 139%, Funding Costs Keep Earnings Base Under Pressure

Edgars Stores Limited has reported profit after tax of USD 1.947 million on total revenue of USD 41.3 million for the 52 weeks ended 4 January 2026. That is a net margin of 4.7% on a revenue base that

Apr 17, 2026

Top Stories

Zambia’s Unemployment Falls: But the 9.9% Rate Masks a Deeper Working Poverty Crisis

The Zambia Statistics Agency has reported a decline in the country's official unemployment rate to 9.9%, down from 12.9% in 2021 and from 12.6% recorded in the 2022 Labour Force Survey.  This was dis

2 hours ago

Inflation Climbs Again as Fuel Shock Pushes Food and Transport Costs Higher

Zimbabwe's ZiG annual inflation accelerated to 4.8% in April 2026, up from 4.4% in March and 3.8% in February, while USD annual inflation rose to 2.2% from 1.3% in March and 0.9% in February, accordin

6 hours ago

Is Zimbabwe’s Insurance Sector Missing the Market That Now Defines the Economy?

Zimbabwe's insurance penetration rate stands at approximately 2%, below the Sub-Saharan Africa average of 2.8% and less than a third of the global average of 6%. This figure was cited in the 2024 annu

8 hours ago

Pfuma Fund Declares First VFEX REIT Dividend After Just 53 Days

Pfuma Fund, a Real Estate Investment Trust listed on the Victoria Falls Stock Exchange, has declared an interim dividend of USD 446,719 for its inaugural reporting period ended 31 March 2026, represen

9 hours ago

South Africa’s Maize Export Market Faces Pressure as Zimbabwe Moves From Deficit to Surplus

Zimbabwe, once the bread-basket of Africa has accounted for 38% of South Africa's maize exports in the 2025-26 marketing year, absorbing approximately 741,000 metric tonnes out of a total of 1.95 mill

10 hours ago

GB Holdings Reports 96% Profit Collapse Despite 43% Revenue Growth

GB Holdings Limited has reported a profit after tax of USD 38,950 for the financial year ended 31 December 2025, a 96% collapse from the USD 1,029,508 recorded in the comparable period, despite total

Apr 24, 2026

Datvest Consumer ETF Delivers 45% Gain as Delta, Innscor Dominate Basket

The Datvest Modified Consumer Staples Exchange Traded Fund has reported a 45% year-on-year growth in the fair value of equity investments for the year ended 31 December 2025, with net assets attributa

Apr 23, 2026

Beyond the Agreements: Why Plumtree Has Become the Credibility Test of the Zimbabwe–Botswana BNC

Zimbabwe and Botswana have concluded the Fifth Session of their Bi-National Commission in Harare on 22 April 2026, with President Emmerson Mnangagwa and Botswana President Advocate Duma Gideon Boko co

Apr 23, 2026