Companies

Companies

OK Zim Cuts Overheads 44% in FY'25, Set for Recovery as Retail Reforms Take Hold

OK Zimbabwe, the last standing retail giant in a landscape littered with the corpses of departed chains, has slashed overhead costs to US$58.7 million, a 43.91% plunge from the prior year, through su

Nov 12, 2025
Companies
ZB Bank Eyes Loan Book Growth on Fresh Credit Facilities

ZB Financial Holdings Limited (ZBFH) is expecting to underwrite more business from newly issued credit lines, a move set to drive sustained growth in its loan book and strengthen its core lending oper

 Nov 11, 2025
Companies
Caledonia’s Q3 Net Profit Surges 467%, On Track to Hit FY Gold Target

Caledonia Mining Corporation has indeed delivered a robust third quarter in 2025, solidifying Blanket Mine's status as Zimbabwe's third-largest gold producer and keeping the company firmly on track, o

 Nov 10, 2025
Zimbabwe
Zimplats’ Bimha Overtakes Mimosa as Largest PGM Mine by Output, Rewrites Hierarchy

For the first time since the Great Dyke’s modern mining era began, a single shaft has ended Mimosa’s three-decade dominance as Zimbabwe’s largest PGM operation by ore throughput. Zimbabwe's platinum

 Nov 10, 2025
Zimbabwe
Unki Output Dips 8% in Q3’ 2025, Higher PGM Basket Prices Offer Partial Relief

Unki Platinum Mine, Zimbabwe’s third-largest producer of platinum group metals (PGMs), recorded an 8% decline in third-quarter to September 2025 production to 57,500 ounces, down from 62,200 ounces du

 Nov 07, 2025
Companies
Turnall Swings Back to Profit in Q3 2025, Cuts Loss by 91%

Turnall Holdings a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has edged back into profitability recording a US$92,091 after-tax profit in the third quarter

 Nov 06, 2025
Companies
TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts

TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin

 Nov 06, 2025
Prospect Resources Exits Zimbabwe Lithium Operations , Invests in Zambian Copper

Prospect Resources Limited, the Australia (ASX)-listed battery minerals explorer, has signed an agreement to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking its lates

Nov 05, 2025
Revival of RioZim: Reopens Mines, Eyes Profitability in Soaring Gold Market

ioZim Limited, once a powerhouse in Zimbabwe's mining sector and the third-largest gold producer in 2020 just behind Caledonia and Freda Rebecca, has endured a prolonged period of decline marked by op

Nov 04, 2025
IPEC HY'25 Pension Sector Performance: Assets Grow to $3 Bn, Arrears Rise to $100 Mn Amid Declining Income

The pensions sector in Zimbabwe, as reported by the Insurance and Pensions Commission (IPEC) for the half-year ended 30 June 2025, showed strength with a significant 6% increase in total assets, reach

Oct 16, 2025
ZSE Holdings’ Q3 2025: VFEX Cap Hits $2B, ZSE Profit Soars Past 1000%

The Zimbabwe Stock Exchange (ZSE) and its counterpart, the Victoria Falls Stock Exchange (VFEX), demonstrated a blend of resilience and strategic progress in Q3 2025, as outlined in ZSE Holdings’ Q3 N

Oct 16, 2025

VFEX Turnover Doubles to $17M as Market Cap Surpasses $2B for the First Time

Zimbabwe's US dollar-denominated bourse, the Victoria Falls Stock Exchange (VFEX), has achieved a landmark milestone in Q3 2025 by surpassing $2 billion in market capitalisation for the first time, re

Oct 14, 2025

West Prop’s PAT Plummets 40% as Costs Surge, Handovers Stall in H1 2025

One of the leading property development companies in Zimbabwe, West Properties (West Prop), has seen both topline and profit after tax (PAT) nosediving during the half year to 30 June 2025 due to timi

Oct 10, 2025

Simbisa Brands Decentralises, Splits Operations into Independent Brand Units

Simbisa Brands Limited, the quick-service restaurant (QSR) giant listed on the Victoria Falls Stock Exchange, has embarked on a sweeping decentralisation of its operations, effective 1 July 2025, acco

Oct 08, 2025

Padenga’s Half-Year Feat: Strong Gold Prices Drive Profit Explosion

Padenga Holdings Limited has strategically pivoted to consolidate its market leadership as Zimbabwe's second-largest gold producer for nearly three consecutive years in the half-year period ended June

Oct 08, 2025

Diaspora Capital Fuels Property Market Resurgence, Says Tigere REIT

Tigere, a distinguished Zimbabwe Stock Exchange (ZSE)–listed real estate investment trust (REIT), has flagged that Zimbabwe’s property market is experiencing a strong resurgence. In its trading updat

Oct 06, 2025

Zimplow Slashes Losses by 70%, Signals Robust Recovery in H1 2025

implow Holdings Limited, a key player in Zimbabwe’s agriculture, mining, and construction equipment sectors, has seen its loss position narrow significantly in its half-year performance ended 30 June

Oct 06, 2025

BAT Returns to Profit Despite Sales, Volumes Slump

Cigarette maker and distributor , British American Tobacco Zimbabwe (BAT) has posted a profit after tax of US$4.3 million for the half year ended 30 June 2025, a reversal from a US$12.8 million loss r

Oct 02, 2025

Unifreight Africa to Expands Fleet Ahead of 2026 Tobacco Season

Transport and Logistics company Unifreight Africa is set to expand its cross-border fleet from the fourth quarter of 2025 through the first quarter of 2026 in preparation for the upcoming tobacco seas

Sep 30, 2025