Companies

Companies

Padenga Gold Output Rises 13% as Record Bullion Price Doubles Mining Revenue

Padenga Holdings Limited, Zimbabwe’s second largest gold producer has reported gold production of 696.7 kilograms for the first quarter ended 31 March 2026, a 13% increase from 618.9 kilograms in the

May 14, 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
Zimbabwe
Zimbabwe's Beverages Sector Signals a Manufacturing Inflection Point as Anchor Investors Deploy Capital at Scale

"Listed corporate results are confirming a stronger demand cycle, with many companies reporting double-digit growth in revenue and profitability through 2025 and into Q1 2026. Capacity is becoming a r

 May 14, 2026
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
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
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
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
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