Search results for 'property revaluation'
Companies
First Mutual Properties Stuns with $57.2M FY2024 Loss, Yet Revenue Rockets 31%
First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a US$57.2 million loss for the full year e
May 05, 2025
Companies
The Turnaround That Isn't: ZECO's Profit Rests on Income Auditors Flagged Misstated
ZECO Holdings Limited's FY2025 financial statements has presented a company in transition, from loss to profit, from contraction to modest revenue growth, from strategic uncertainty to a new directio
Apr 02, 2026
Companies
First Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work
First Mutual Holdings, Zimbabwe's largest listed insurer, has posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati
Apr 13, 2026
Top Stories
Nampak Writes Down Zim Operations by R136 Million and Exits, Cites Need to "Eliminate Risk"
Nampak Limited, the JSE-listed packaging manufacturer, reported normalised headline earnings of R346 million for the six months ended 31 March 2026, up 9% from R317 million in the comparable period of
22 hours agoSARB Raises Rates for First Time in Three Years Due to Iran War, Zimbabwe Faces Imported Tightening
The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra
23 hours agoWhat the Invictus PSA Really Means: Legal Framework Signed, Appraisal Wells to Decide the Prize
Invictus Energy has suspended trading in its shares pending a material announcement expected by Friday, which the company has confirmed relates to the imminent signing of a Production Sharing Agreemen
1 day agoSADC's Grain Supercycle:Zimbabwe Joins Zambia, South Africa in Record-Breaking Bumper Harvest
In the same week that Zambia announced the highest maize harvest in its recorded history, and South Africa confirmed the largest grain crop ever produced on the continent's southern tip, Zimbabwe rel
1 day agoZimbabwe Unveils Most Ambitious Post-Independence Industrial Policy with Integrated Provincial SEZs
Cabinet has approved on the 26th of May 2026, the framework for the establishment of Integrated Provincial Special Economic Zones across all ten provinces of Zimbabwe, presented by the Minister of Fin
May 27, 2026
