Search results for 'financial performance'
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
CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge
CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba
Nov 13, 2025
Companies
Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
Zambia
Airtel Deploys $107Mn in Network Expansion: 406 New Sites Added, Targets 95% Population Coverage
Airtel Networks Zambia, the country's largest mobile operator by revenue and subscriber base’s full year results for 2025 placed it firmly in the upper tier of sub-Saharan African telecommunications p
Mar 16, 2026
Companies
Joining the Elite Quadrant: Econet Cracks Elusive Billion-Dollar Revenue Ceiling
Econet Wireless Zimbabwe has reported revenue of USD 1.104 billion for the year ended 28 February 2026, a 23% increase from USD 894 million in FY2025 according to its latest FY2026 financial resul
Jun 23, 2026
Zambia
National Breweries Posts First Profit in Years: Real Story Behind the Turnaround
National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r
Jul 16, 2026
Companies
Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks
VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh
Oct 22, 2026
Zimbabwe
Three Years After 500 Bus Promise, ZUPCO's Fleet Stands at 267 as Mutapa Sets New Delivery Deadline
Zimbabwe's public transport recovery has returned to a 500 bus procurement commitment first announced in October 2023, with the Mutapa Investment Fund now targeting delivery of 185 vehicles before the
Nov 10, 2026
Companies
Dairibord Sales Rise 23%, Milk Intake Stagnates Despite Zimbabwe's Dairy Recovery
Zimbabwe's dairy farmers delivered approximately 5.6 million additional litres of milk to processors during the first nine months of 2026, although Dairibord Holdings recorded no corresponding increa
Nov 10, 2026
Companies
Turnall Sales Outpace Production by 60%, Fibre Shortage Cuts Gross Margin to 15%
Turnall Holdings sold approximately 60% more building materials than it produced during the third quarter of 2026, as a fibre supply disruption reduced factory output by 34% and compressed its gross p
Nov 10, 2026
Companies
NMBZ Loans Surge 78% Against 31% Deposit Growth: Lending Drives 56% Income Increase
NMBZ Holdings, A ZSE listed financial outfit has recorded a 78% increase in net loans and advances to US$277.1 million during the first nine months of 2026, significantly outpacing the 31% growth in c
37 minutes ago
Top Stories
Pfuma's Rental Income Jumps 40%, Investment Returns Fall 29%: Can Property Expansion Sustain Dividends?
Pfuma Fund's rental income has increased 39.9% to US$648,049 during the third quarter of 2026, reflecting an accelerating transition from interest earning investments into income generating commercial
1 hour agoCaledonia's Gold Price Jumps 20%, Shareholder Profits Collapse 81%: Who Captured the Upside?
Caledonia Mining Corporation's shareholders experienced an 81% decline in attributable profits during the third quarter of 2026, despite the company benefiting from a 20% increase in realised gold pri
1 hour ago50 Tonne Gold Target 83% Complete after Over 9 Year Monthly Record: Who Controls Industry's Future?
Zimbabwe's gold industry has delivered its strongest monthly performance in at least nine years in October 2026, pushing annual deliveries towards a historic 50 tonne milestone and reinforcing the min
1 hour agoForecast Came, Funding Didn't:Southern Africa Mobilises 17% of US$6 Bn El Niño Appeal as Another High Risk Season Approaches
Southern Africa is entering another potentially difficult agricultural season with climate authorities warning of below normal rainfall across large parts of the region, while governments and humanita
2 hours agoUK Opens Audit Market to Zimbabwe as Landmark Agreement Recognises Local Qualifications
Zimbabwean auditors have secured a new pathway into the United Kingdom's professional services market following a mutual recognition agreement between the two countries' audit regulators. The developm
17 hours ago
