Search results for 'profit decline'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Zambia
Growing Faster, Earning Less: Bata's Revenue Surge Masks Profit Warning Hidden in Inventory
Zambia Bata Shoe Company PLC, the country's oldest and most recognisable footwear manufacturer and retailer, has reported full year results for 2025 that present one of the more instructive paradoxes
Mar 16, 2026
Zimbabwe
Kansanshi’s Copper Output Hits Record High, as CAFCA Builds Regional Manufacturing Reach
Kansanshi Mining has produced 170,929 tonnes of copper in 2025, its highest annual output since 2021 and above First Quantum's revised guidance range of 165,000 to 175,000 tonnes, and within First Qua
Jul 16, 2026
Top Stories
Old Mutual Targets US$46 Million Development REIT to Unlock US$150 Million Property Pipeline
Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban
17 hours agoZiG, USD Inflation Converge: ZiG Drops Sharpest Fall of 2026, Validates RBZ’s Mid-Year Turning Point
imbabwe Gold’s (ZiG) annual inflation has fell to 3.2% in July 2026 from 4.7% in June, a drop of 1.5 percentage points that reverses three months of gradual increase and marks the sharpest single-mont
18 hours ago
