Zimbabwe
Gold Sector Rebounds in April: ASM Weakness, a Botched Policy Call Cast Shadow Over 50-Tonne Target
Zimbabwe’s gold sector delivered 3,324.6 kilograms in April 2026, a 16.5% recovery from the 2,854.0 kilograms recorded in March, driven by a sharp rebound in artisanal and small-scale mining output th
May 21, 2026
Companies
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
Companies
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
Companies
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
Companies
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
Companies
Mash Holdings Lifts Operating Profit 20% as Occupancy Rises, Two Major Development Projects Break Ground
Mashonaland Holdings Limited has reported an 8% increase in revenue to US$1.86 million and a 20% increase in operating profit before fair value adjustments to US$879,222 for the quarter ended 31 March
May 15, 2026
Companies
CAFCA Profit Jumps 211% as Construction Boom, Copper Price Rally Rewrites Cable Demand
CAFCA Limited, Zimbabwe’s only listed cables manufacturer has reported a 211% increase in profit after tax for the six months ended 31 March 2026, with revenue growing 24% to US$22.2 million from US$1
May 14, 2026
Companies
Innscor Set for Another Record Year Despite SI 87 Threatening Cost Stability
Innscor Africa Limited has reported encouraging volume momentum across its core manufacturing operations for the nine months to 31 March 2026, with standout performances from its bakery, protein, snac
May 14, 2026
Top Stories
RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
1 day agoBuilding Hotels Without Building Hotels: How RTG Is Turning Existing Assets Into Its Next Growth Engine
Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev
1 day agoZimbabwe Quietly Rewrites Its Growth Model: Why Treasury Is Designing The Economy For Resilience Instead Of Recovery
Zimbabwe's Mid Term Budget Review and the 2027 Budget Strategy Paper reveal a policy shift that is larger than the headline numbers on growth, inflation or revenue. Together they show Government movin
1 day ago
