Companies

Companies

Padenga Net Profit Soars 200% as Gold Rally Turns Global Chaos into Windfall

Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has more than tripled its profit after tax (PAT) for the half year to 30 June 2025, closing at US$26.4 million compared to US$9.2 mil

Sep 26, 2025
Companies
Axia Expects Restapedic Relocation to Sunway City to Boost Efficiency

Diversified  Victoria Falls Stock Exchange–listed (VFEX)  company Axia Corporation Limited expects the relocation of Restapedic’s operations to Sunway City to unlock manufacturing efficiencies, while

 Sep 25, 2025
Companies
National Tyre Services Charts Recovery Path After ZiG 121M Loss with Robust Supply Chain Overhaul

National Tyre Services (NTS), Zimbabwe's leading tyre distribution and retail company, remains optimistic about its future prospects despite posting a substantial full-year loss of ZWG 121 million for

 Sep 23, 2025
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
PPC’s ‘’Awaken the Giant ‘’Strategy Powers Strong Regional Growth

The leading  Southern Africa leading of cement and related products  PPC Limited ambitious Awaken the Giant turnaround strategy is beginning to reshape the fortunes of Southern Africa’s largest cement

 Sep 22, 2025
World
Dairibord Captures 35% of Zim's 57.3M-Litre Milk Surge in H1 2025

Dairibord Zimbabwe Limited, the country's leading milk processor, reported a 3.2% increase in milk intake for the first half of 2025, rising from 19.6 million liters to 20.3 million liters. This growt

 Sep 22, 2025
Companies
Insurance Service Growth, Malawi Investments Lift Fidelity Life’s H1 Profit

Diversified ZSE-3listed insurer Fidelity Life Assurance of Zimbabwe (FLA) has posted a 14% increase in after-tax profit of USD6.0 million for the six months ended 30 June 2025 from  from USD5.2 millio

 Sep 19, 2025
First Mutual Holdings Rebounds with US$6.2 Million Profit in H1 2025

First Mutual Holdings Limited (FMHL) has staged strong turnaround, posting a profit after tax of US$6.2 million for the half year ended 30 June 2025, reversing a US$32.7 million loss recorded during t

Sep 18, 2025
TSL Reports 30% Revenue Growth Driven by Record Tobacco Season

TSL Limited has  recorded  30% growth for the third quarter ended 31 July 2025 driven by improved performance in the agricultural sector, notably tobacco according to the latest trading update. The o

Sep 18, 2025
TSL Retreat from Nampak's $25 Mn Deal: An Immature Romance Doomed by Shareholder Scepticism

TSL Limited, a Zimbabwean conglomerate with interests in logistics, agrochemicals, and packaging, has terminated its US$25 million bid for a 51.43% stake in Nampak Zimbabwe, the country’s leading pack

Sep 17, 2025
Invictus Energy Secures Key Licence Renewals to Advance Zimbabwe Gas Ambitions

Invictus Energy has secured a three-year extension of its exploration licences in Zimbabwe’s Cabora Bassa Basin, paving the way for drilling a high-impact well that could unlock more than a trillion c

Sep 16, 2025

Kavango Resources Secures US$3 Million to Fast-Track Zimbabwe Gold Projects

Kavango Resources Plc has entered a crucial phase of its Zimbabwe strategy, raising £2.2 million (US$2.9 million)  on the London Stock Exchange through a placing and subscription to accelerate the tra

Sep 15, 2025

Tanganda to Raise US$8 Million Through Rights Offer

Tanganda Tea Company, the leading diversified tea enterprise listed on the Zimbabwe Stock Exchange, is taking decisive steps to strengthen its balance sheet and fund expansion, announcing plans to rai

Sep 15, 2025

From Harare to World: First Capital’s ESG Financing Echoes Global Trends

First Capital Bank, a premier financial institution in Zimbabwe, has disbursed USD 2.1 million in ESG-linked lending to empower women, youth, and underserved communities in the half-year ended 30 June

Sep 15, 2025

Tigere in Talks to Acquire Two Income-Producing Assets for Portfolio Growth

The Tigere Real Estate Investment Trust (“the Trust” or “the REIT”) is in advanced negotiations with related parties to acquire two income-producing assets for its portfolio, according to its latest c

Sep 13, 2025

From Wagons to Rentals: ZECO’s Fragile Half-Year Revival

ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break

Sep 11, 2025

RTG Revenue Surges 15% in H1 2025 on Acquisitions, Refurbishments

Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe has seen a 15% uptick in revenue during the first half of 2025, entering the second half on higher-note. The increas

Sep 10, 2025

Implats Eyes Growth with Optimised Operations at Zimplats and Rustenburg

Impala Platinum Holdings Limited (Implats) a leading South African platinum group metals (PGM) producer plans to redefine its volumes  from improved processing availability at Impala Rustenburg and Zi

Sep 04, 2025

NMBZ Loan Book Surges 18% as Bank Bets on Exporters

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

Sep 02, 2025