Search results for 'turnaround'
Companies
First Mutual Properties Swings to US$1.4m Profit in HY25, Erases US$60m Loss
First Mutual Properties Limited (FMP), the Zimbabwe Stock Exchange–listed real estate investment and development group, has achieved one of the sharpest earnings reversals on the bourse, swinging from
Sep 23, 2025
Companies
OK Zimbabwe Market Update: Revenue Remains Below Break-Even, 3 More Stores to Close
Retail giant OK Zimbabwe Limited has released a crucial market update, providing shareholders and stakeholders with a transparent view of its ongoing battle to return to financial health. Following ca
Nov 21, 2025
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
Top Stories
Zimbabwe Approves USD 92Mn PPP to Unlock 1,200 Hectares at Victoria Falls: The Largest Single Land-Backed Infrastructure Deal
Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin
3 hours agoZimbabwe Projects Cereal Surplus of Up to 965,000 Metric Tonnes Through March 2027 as Soyabean Output More Than Doubles
Zimbabwe has projected a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, with total cereal production for the 2025/2026 summer season estimated at 2.74 mill
7 hours agoZimbabwe's Largest Hotel Group Exits VFEX: Reasons Say More About the Exchange Than Company
African Sun Limited has ceased to be a listed company at midnight on Monday, 20 April 2026, becoming effective from that date a Public Unlisted Company following the formal termination of its listing
1 day ago
