Companies
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
May 18, 2026
Companies
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
May 18, 2026
Companies
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
May 18, 2026
Companies
Turnall Commissions New Fibre-Cement Plant, Swings to Positive Operating Cash Flow
Turnall Holdings Limited has commissioned a new fibre-cement sheeting plant in Harare, successfully bringing the facility into commercial operation on 15 March 2026, in what the company describes as a
May 17, 2026
Companies
Mash Holdings Lifts Operating Profit 20% as Occupancy Rises, Two Major Development Projects Break Ground
Mashonaland Holdings Limited has reported an 8% increase in revenue to US$1.86 million and a 20% increase in operating profit before fair value adjustments to US$879,222 for the quarter ended 31 March
May 15, 2026
Companies
CAFCA Profit Jumps 211% as Construction Boom, Copper Price Rally Rewrites Cable Demand
CAFCA Limited, Zimbabwe’s only listed cables manufacturer has reported a 211% increase in profit after tax for the six months ended 31 March 2026, with revenue growing 24% to US$22.2 million from US$1
May 14, 2026
Companies
Innscor Set for Another Record Year Despite SI 87 Threatening Cost Stability
Innscor Africa Limited has reported encouraging volume momentum across its core manufacturing operations for the nine months to 31 March 2026, with standout performances from its bakery, protein, snac
May 14, 2026
Companies
Delta Corporation Crosses $1Bn Revenue Mark, Becomes Third Company in Zimbabwe's Corporate History
Delta Corporation Limited, Zimbabwe's beverages behemoth has become only the third company in Zimbabwe's corporate history to record annual revenue exceeding $1 billion, reporting revenue of $1.09 bil
May 13, 2026
Top Stories
UK 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
9 hours agoOK Zimbabwe Shareholders Approve ZSE Exit, US$20 Million Recapitalisation Fails to Prevent Corporate Rescue
OK Zimbabwe shareholders have approved the retailer's withdrawal from the Zimbabwe Stock Exchange (ZSE), approximately 16 months after authorising a US$20 million capital raise intended to restore its
1 day agoOver Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing
Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci
1 day ago
