Search results for 'property portfolio'
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss

First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a

Sep 25, 2024
Zimbabwe
Public Service Pension Fund Bets on Real Estate to Shield Members from Market Volatility

The Public Service Pension Fund (PSPF), an arm of the Zimbabwean government that manages retirement savings and pension benefits for public sector employees, is significantly expanding its property po

Sep 25, 2025
Companies
First Mutual Properties Holds $136m in Assets: ZSE Values it at $46m

Zimbabwe's largest listed property company is considering walking away from its own stock exchange, largely due to undervaluation by the Zimbabwe Stock Exchange, and the 2025 financials explain precis

Apr 13, 2026

Top Stories

ZECO’s Occupancy Push Hits Revenue Wall as Q1 Sales Slip

ZECO’s retail property portfolio occupancy rate has rose to 55.88% in the first quarter ended 31 March 2026, up from 46.67% in the corresponding period last year, a 921 basis point improvement. This r

22 seconds ago

Harare Moves Closer to BRICS Bank as NDB Starts Membership Talks

When Harare announced formal accession talks with the New Development Bank on 15 May 2026, it signalled its place in the defining financial contest of our era, Aliko Dangote’s USD 1 billion pivot to Z

40 minutes ago

Mthulinomics: AfDB Approves USD 4 Million Grant for Debt Clearance Process

The African Development Bank Group has approved a USD 4 million grant to support Zimbabwe’s arrears clearance and international re-engagement efforts through the Zimbabwe Arrears Clearance Dialogue En

1 hour ago

Simbisa’s Big Run: US$85 Million Revenue Growth Faces Margin Test

Simbisa Brands, Zimbabwe's largest quick service restaurant operator, closed the third quarter of 2026 financial year with group revenue of US$85.3 million, up 23% year on year, driven by a 14% increa

15 hours ago

WestProp’s 80% Revenue Jump Faces Profit Conversion Test: Tax Consumes Half of Incremental Profit

WestProp Holdings Limited has reported revenue of USD 8.06 million for the first quarter ended 31 March 2026, an 80.2% increase on the USD 4.47 million recorded in Q1 2025, with net profit reaching US

20 hours ago

Zimbabwe’s 2026 Cotton Marketing Season Opens Amid Recovery in Output and Area Expansion

The broader significance of the 2026 cotton season lies in what it signals about rural agricultural recovery. The simultaneous increase in output, hectarage, and marketing infrastructure suggests that

1 day ago

The Great Africa Trek Pays Off: Regional Footprint Sprints Zimre to a Historic 142% Profit Surge

Zimre Holdings Limited has reported a 142% increase in profit for the first quarter ended 31 March 2026, rising from US$1.70 million to US$4.12 million, driven by strong top-line performance across al

1 day ago

First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale

First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven

1 day ago