Companies

Zimbabwe

Operationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe

Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th

May 31, 2026
Zimbabwe
Retail’s Death Toll Crosses  Limpopo: SPAR Group  Sounds Warning Shots

Zimbabwe completed the obituary for its formal retail sector quietly, without a single definitive closing date or a single headline large enough to match the scale of what was lost. OK Zimbabwe, one o

 May 29, 2026
Zimbabwe
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

 May 29, 2026
Companies
Zambia Sugar’s Expansion Bet Comes at a Cost as Profit Falls 65%

Zambia Sugar PLC, the Lusaka Securities Exchange-listed producer and the dominant supplier in Zambia's sugar market, reported profit after tax of K273.247 million (USD 15.350 million) for the six mont

 May 26, 2026
Companies
World’s Best-Performing Currency Swings ZAMEFA Into a 33.3 Million H1 Loss

Metal Fabricators of Zambia PLC, the Lusaka Securities Exchange-listed copper cable and wire manufacturer, reported a loss before income tax of ZMW 43.775 million (USD 2.459 million) for the six month

 May 26, 2026
Companies
Zimbabwe's Bigest Bank Profit Falls 33% as Fee Income Model Comes Under RBZ Pressure

CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro

 May 25, 2026
Companies
Zimbabwe's Gold Mining Ban Raises a Bigger Question Over Environmental Accountability

Zimbabwe gold, small-scale mining, foreign mining ban, citizen empowerment, gold smuggling, Fidelity Gold Refinery, mining policy, Polite Kambamura, US$15m threshold, resource nationalism

 May 24, 2026
NMB vs First Capital: What Q1 Results Reveal About Two Different Banking Strategies

NMB Holdings, has reported profit after tax of USD 8.34 million for the first quarter ended 31 March 2026, against USD 2.52 million in Q1 2025, a 231% increase according to the latest trading update.

May 21, 2026
First Capital’s Deposit Base Surges as Customer Confidence Deepens

First Capital Bank has reported total income of USD 23 million for the first quarter ended 31 March 2026, a 20% increase on the prior year according to the latest trading update. Customer deposits gr

May 21, 2026
What Do ZB’s Q1 Results Say Against Other Banks?

ZB Financial Holdings’ reported first quarter 2026 results have seen a divergent performance across its four core revenue streams, characterised by both growth and declines. Commissions and fees grew

May 21, 2026
Zimplow Returns to Profit in Q1 2026, First Since 2023

Zimplow Holdings Limited,  Zimbabwe’s largest diversified engineering and agro-industrial groups, has returned to profitability in the first quarter ended 31 March 2026, recording a pre-tax profit of

May 20, 2026

Axia’s Pricing Power Drives Q3, Revenue Outruns Volumes Across All Units

Axia Corporation has recorded revenue growth across every metric in the third quarter for the period ended 31 March 2026 which exceeded volume growth. Without exception, in every market, in every prod

May 19, 2026

Eagle REIT Profit Jumps 1,100% as Mazowe Walk Opens at 93% Occupancy

Eagle REIT has recorded a profit of USD 213,936 for the first quarter ended 31 March 2026, against USD 17,828 in Q1 2025, a growth rate of approximately 1,100%, a more than tenfold increase in a singl

May 19, 2026

ZECO’s Occupancy Push Hits Revenue Wall, 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

May 19, 2026

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

May 18, 2026

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

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

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

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