Companies

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
Companies
Kavango Issues New Shares to 13 Pension Funds for Zimbabwe Gold Projects

Kavango Resources has issued 36,596,469 new ordinary shares to a consortium of 13 Zimbabwean pension funds to raise capital for the advancement of its gold mining projects in Zimbabwe, including the H

 May 13, 2026
Zimbabwe
Zimbabwe’s Zero Cost MSME Accounts Redraw the Battle for the Informal Economy

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

 May 12, 2026
Companies
FMP Minority Shareholders Offered 3.3c Exit, 65% Below Audited NAV as Delisting Vote Nears

First Mutual Properties Limited is set to delist from the Zimbabwe Stock Exchange on 1 July 2026, with majority shareholder First Mutual Holdings Limited offering minority shareholders US$0.033 per sh

 May 11, 2026
Companies
Caledonia’s Q1 Profit Surges 69% to US$19Mn, Gold Price Masks Blanket Grade Pressure

Caledonia Mining Corporation has reported a 69.4% surge in profit after tax to US$18.91 million for the first quarter of 2026, its strongest quarterly earnings performance driven almost entirely by a

 May 11, 2026
Companies
ZIMPLOW CEO Willem Swan Steps Down, Chaibva Takes Over as Losses Narrow, Profitability Still Pending

Zimplow Holdings Limited has announced the resignation of Group Chief Executive Officer Willem Swan with effect from 1 May 2026, replacing him immediately with Charles Chaibva, currently the Group Com

 May 11, 2026
Companies
RioZim Faces Fresh Corporate Rescue Bid as Second Distress Claim Hits in 12 Months

RioZim Limited, one of Zimbabwe's most storied mining companies, has been forced into a public defensive posture after a minority shareholder holding a fraction of a percent of its issued share capita

 May 11, 2026
Afdis’s Bumper Year: A Case Study in Operating Leverage and Fiscal Appetite

African Distillers Limited, the ZSE-listed beverages manufacturer in which Delta Corporation holds a combined direct and indirect stake of approximately 50.5% and Heineken Beverages holds 28.5%, has

May 08, 2026
Telecel's Valuation Trap: Buying a Broken Network to Own a Permanent Licence

Telecel Zimbabwe, once the historically second-largest mobile operator in the country with 1.92 million active subscribers and a 15.1% market share as recently as 2015, is currently operating under vo

May 07, 2026
Zimbabwe Tests Diesel Blending to Cut Fuel Import Costs

The numbers suggest that the stakes are high. Diesel consumption continues to grow, reflecting economic activity and structural dependence on road transport. Any intervention in this market will have

May 06, 2026
Xarani and the Platform Bet: What FBC Holdings Is Building, and Whether It Can Work

The platform bet is intellectually coherent, the Finserve trajectory demonstrates the commercial destination at maturity, and the internal group synergies with MicroPlan, OutRisk and FBC Bank are real

May 06, 2026

Kingdom Hotel Set for Rebrand as Dubai Investor Expands Zimbabwe Footprint

ASB Hospitality LLC, the Dubai-based subsidiary of Albwardy Investment, has completed the acquisition of Makasa Sun (Private) Limited, owner of the 294-room Kingdom Hotel in Victoria Falls, for USD 30

May 04, 2026

Caledonia Changes Chair as Bilboes Decision Nears, FMP Moves Closer to ZSE Exit

Caledonia Mining Corporation has announced that John Kelly will step down as Chairman of the Board with effect from the end of the company's Annual General Meeting on 5 May 2026, to be succeeded by Ju

Apr 30, 2026

Econet’s 5G Network Now Exceeds NetOne and Telecel’s Combined Infrastructure

Econet Wireless Zimbabwe ended the fourth quarter of 2025 operating 340 5G base stations, 1,825 LTE stations, 1,997 3G stations, and 2,981 2G stations, a total active network of 7,143 base stations ac

Apr 30, 2026

Pfuma Fund Declares First VFEX REIT Dividend After Just 53 Days

Pfuma Fund, a Real Estate Investment Trust listed on the Victoria Falls Stock Exchange, has declared an interim dividend of USD 446,719 for its inaugural reporting period ended 31 March 2026, represen

Apr 27, 2026

GB Holdings Reports 96% Profit Collapse Despite 43% Revenue Growth

GB Holdings Limited has reported a profit after tax of USD 38,950 for the financial year ended 31 December 2025, a 96% collapse from the USD 1,029,508 recorded in the comparable period, despite total

Apr 24, 2026

Datvest Consumer ETF Delivers 45% Gain as Delta, Innscor Dominate Basket

The Datvest Modified Consumer Staples Exchange Traded Fund has reported a 45% year-on-year growth in the fair value of equity investments for the year ended 31 December 2025, with net assets attributa

Apr 23, 2026

Ariston Names Farai Madziva CEO as Turnaround Enters Final Phase

Ariston Holdings Limited has appointed Farai Madziva as Chief Executive Officer with full executive mandate, effective from the departure of his predecessor Leon Nortier, who ceased to serve in the ro

Apr 22, 2026

Zimbabwe's Largest Hotel Group Exits VFEX: Reasons Say More About the Exchange Than Company

African Sun Limited has ceased to be a listed company at midnight on Monday, 20 April 2026, becoming effective from that date a Public Unlisted Company following the formal termination of its listing

Apr 21, 2026