Companies

Companies

PPC Leans On Zimbabwe: 3% Volume Growth Anchors Group Amid SA, Botswana Slump

PPC sold 3% more cement in Zimbabwe in the five months to August 2026, supported by demand from industrial and retail customers. Volumes across its South African and Botswana operations fell 8%, givin

Sep 29, 2026
Companies
Renco Set for Sale at US$35 Million, RioZim’s Last Standing Functional Gold Asset

RioZim has put Renco Mine up for sale for at least US$35 million, opening a new phase in the mining group’s turnaround as it seeks to reduce debt, strengthen working capital and concentrate its limit

 Sep 28, 2026
Companies
Innscor Plans US$139m in CapEx for FY2027

Innscor Africa, Zimbabwe’s largest food processor plans to spend US$139 million on expansion and maintenance in the financial year ending June 2027, following US$121.2 million of capital expenditure i

 Sep 28, 2026
Companies
Shuntai Moves Closer To Opening Zimbabwe’s Newest Cement Plant

Zimbabwe’s cement market is approaching a structural change as Shuntai Investments’ USD120 million integrated cement plant in Chegutu moves towards commissioning, targeting the clinker shortage that h

 Sep 25, 2026
Companies
NMB Bank Expands BII Partnership With Second Agriculture Finance Facility

NMB Bank has secured a second financing commitment from British International Investment (BII), with the UK development finance institution increasing its exposure to the Zimbabwean lender through a n

 Sep 24, 2026
Companies
CABS Signs US$30m BII Partnership to Finance Zimbabwe’s Agriculture and Food Exporters

CABS has signed a US$30 million financing partnership with British International Investment (BII) to expand lending to Zimbabwe’s productive sectors, creating an additional source of foreign currency

 Sep 24, 2026
Companies
Housing Costs Expose Next Phase of Zimbabwe’s Inflation Challenge

Zimbabwe’s inflation environment is entering a different phase, with the latest data showing price pressures becoming concentrated in essential costs rather than broad-based increases across the econo

 Sep 24, 2026
Cash Generation Changes Axia’s Strategic Position

Axia Corporation’s FY2026 performance was defined by more than revenue growth. The group’s strongest strategic shift came through improved cash generation, reducing dependence on external funding and

Sep 24, 2026
Axia’s Retail Bet: Can Credit Sustain Zimbabwe’s New Consumption Cycle?

Axia Corporation’s FY2026 performance has been powered by a sharp recovery in consumer demand, but the strength of the rebound was increasingly tied to the expansion of household credit as Zimbabwe’s

Sep 24, 2026
Kavango Moves Beyond Processing, Hillside Enters Gold Production Test

Zimbabwe’s gold sector has historically been defined by thousands of small-scale operators extracting value from deposits spread across the country’s mineral belts. Kavango Resources is attempting to

Sep 23, 2026
Zimbabwe Gets Food Inflation Relief From SA as Fuel Costs Reopen Price Risks

South Africa’s consumer food inflation increased marginally to 0.7% in August 2026 from 0.6% in July, remaining at historically low levels. Grain products, fruits and vegetables continue to benefit fr

Sep 23, 2026

First Mutual Puts US$31.5m Land Bank at Centre of Capital Recycling Plan

The property portfolio reached US$150.0 million at June 2026, equivalent to about 49% of the group’s US$306.0 million asset base. Property values increased from US$139.7 million at December, supported

Sep 22, 2026

Padenga’s Earnings Surges Past US$180m, Production Growth Meets Record Price Cycle

Padenga Holdings, Zimbabwe’s biggest listed gold producer has generated US$182.3 million in revenue from Dallaglio during the six months to June 2026, a 48% increase from the comparable period, as str

Sep 22, 2026

First Mutual’s Profit Surge Masks Pressure in Insurance Engine

First Mutual Holdings has recorded a 222% increase in first-half profit, which also conceals a weaker performance from its core insurance operation, with investment returns and property revaluations p

Sep 21, 2026

Inside Meikles’ 28-Year Victoria Falls Hotel Disposal Process

Meikles Limited is progressing the disposal of its 50% Victoria Falls Hotel operating interest, 28 years after acquiring the stake in 1998. The Zimbabwe Stock Exchange-listed group holds interests in

Sep 21, 2026

Sandawana’s Lithium Ambition Runs Into Zimbabwe’s 2027 Deadline

Mutapa Energy Resources is moving Sandawana towards large-scale lithium processing with a planned US$300 million concentrator and a separate US$400 million lithium sulphate project, giving Zimbabwe's

Sep 21, 2026

Zimbabwe’s Gas Industry Moves From Discovery Towards Production

Zimbabwe’s emerging gas industry has entered a more consequential phase with Invictus Energy preparing to drill the Musuma-1 exploration well in November 2026, after awarding the well-services contrac

Sep 17, 2026

Revitus Profit Jumps 28x, Property Operations Tell a Different Story

Revitus Property Opportunities REIT has reported US$5.28 million profit for the six months to June 2026, compared with US$187,297 in the same period last year. The headline increase is substantial, ye

Sep 17, 2026

Agricura Puts Climate-Smart Inputs at the Centre of TSL’s El Niño Defence

Agricura is rolling out smart climate solutions to help farmers prepare for the projected 2026/27 Super El Niño drought, placing TSL Limited’s agricultural-trading subsidiary at the centre of the grou

Sep 16, 2026