Search results for 'financial results'
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
Turnall Sales Volumes Rise 33% to 16,807 Tonnes in HY26 on New Harare Plant Capacity

Turnall Holdings a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has  increased sales volumes by 33% to 16,807 tonnes in the six months to June 2026 from 12,6

Oct 01, 2026
Companies
BAT’s US$4.6m Profit Meets an 82% Cash Flow Drop

British American Tobacco Zimbabwe, the country’s largest cigarettes maker has  generated only US$1.41 million in net operating cash during the first half of 2026, down 82% from US$7.92 million a year

Oct 02, 2026
Companies
Asset Sales, Loan Write Off Drives RioZim’s ZWG1.3bn Profit

RioZim, Zimbabwe’s embattled miner has returned to a ZWG1.30 billion profit in the first half of 2026 from a ZWG300.6 million loss a year earlier, with the reported recovery dominated by debt restruct

Oct 05, 2026
Companies
ZECO’s Revenue Triples, Overheads Push Group Into Loss

ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu

Oct 05, 2026
Zimbabwe
Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure

Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa

Oct 21, 2026

Top Stories

Inflation Rises to 4.3% as Hidden Costs of ZiG Stability Come into Focus

Zimbabwe's annual ZiG inflation accelerated to 4.3% in October 2026 from 3.7% in September and 2.9% in August, as higher transport costs placed renewed pressure on consumer prices. Annual US-dollar in

1 day ago

Zimbabwe Nears Fresh Milk Self-Sufficiency Target, Dairibord Expands Capacity

imbabwe's commercial milk production is projected to nearly double to 131 million litres in 2026 from 66 million litres in 2017, as years of herd rebuilding, agricultural financing and dairy-sector re

1 day ago

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

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

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026