Search results for 'revenue decline'
Companies
African Sun’s Topline Slumps in Q1 as Occupancy Falls to 39%: A Comparison with RTG
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
May 21, 2025
Companies
Nampak’s Q3 Struggles, Financial Analysis: Can Festive Demand Spark FY25 Recovery?
ampak Zimbabwe Limited, the country’s largest packaging firm, reported a challenging third quarter ending 30 June 2025, driven by heightened competition amid growth in informalization and persistent p
Aug 13, 2025
Companies
Zimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously
Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an
Apr 07, 2026
Companies
Willdale Narrows Operating Loss to 1.6 Million, Despite Sales Volumes Falling 50%
Zimbabwe’s biggest listed bricks manufacturer, Willdale Limited has reported an operating loss of ZWG 39.9 million for the half year ended 31 March 2026, equivalent to approximately USD 1.6 million at
Jul 01, 2026
Top Stories
RBZ Puts Mono-Currency Readiness at 50.1%: Fundamentals Cover Only a Fraction of the Economy It Seeks to Anchor
Zimbabwe has accumulated its strongest period of monetary stability since the introduction of ZiG, yet the Reserve Bank’s own 50.1% mono currency readiness score exposes the distance between stabilisi
1 day agoGetBucks Joins Four Other Capitalized Deposit-Taking Microfinance Institutions as Sector Strengthens
The first half of 2026 therefore presents a mixed but improving picture. On one side, GetBucks has successfully crossed the US$5 million capital threshold, increasing the number of adequately capitali
Aug 20, 2026Zimbabwe’s Digital Payment Economy Expands as Mobile Money and Debit Cards Rise, while POS Stalls
That combination suggests that Zimbabwe's financial system is not simply becoming larger. It is becoming more digital. The real test in the second half of 2026 will be whether this expanding infrastru
Aug 20, 2026Power Import Bill Reaches US$84 Million in First Half, On Track For US$169 Million In 2026
Zimbabwe has spent US$84.35 million on electricity imports in the first half of 2026, a pace that carries the full year bill to about US$169 million, up 44% on the US$117 million recorded across all
Aug 20, 2026
