Search results for 'profit turnaround'
Zambia
Zambian Breweries Stages Dramatic Turnaround with US$15.1 Million Profit Amid Regional Beverage Boom
ambian Breweries Plc has delivered a remarkable full-year recovery, posting a consolidated net profit of ZMW 294.769 million (≈US$15.1 million) for the year to December 2025, reversing a substantial Z
Mar 12, 2026
Companies
MBZ's Profit Turnaround Amidst Qualified Audit Opinion: A ZWG248Mn Prior Period Error Reshapes 2024 Numbers
NMBZ Holdings Limited has swung from a restated loss of ZWG205 million in 2024 to a profit after tax of ZWG251 million in FY2025, a turnaround that looks decisive until the audit opinion is read caref
Apr 07, 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
Top Stories
ZB Lending Surges 78%, Profit Falls 31% as Core Earnings Recovery Exposes Revenue Dependence
ZB Financial Holdings recorded a 78% increase in mortgages and other advances to ZWG5.52 billion during the nine months ended 30 September 2026, although profit after tax declined 31% to ZWG420 millio
13 minutes agoPfuma'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
2 hours 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
