Companies

Companies

Meikles Returns to Profit, TM Pick n Pay Rebuilds Market Share

Meikles Limited has delivered the clearest evidence yet that its core supermarket business is emerging from years of losses. For the year ended 28 February 2026, the Group swung to an operating profit

Aug 04, 2026
Companies
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

 Aug 04, 2026
Companies
Kavango Begins Live Processing at Hillside Gold Project

Kavango Resources has entered a decisive phase in its Zimbabwe growth strategy after commissioning its 50 tonne per day gold processing plant at the Hillside Gold Project, shifting the company from ex

 Aug 03, 2026
Companies
Building 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

 Aug 03, 2026
Companies
Delta Expands Brewing Capacity as Consumer Demand Outruns Production

Zimbabwe’s beverages behemoth, Delta Corporation has reached the point where its biggest constraint is no longer consumer demand but its own ability to manufacture enough product. Three years ago man

 Aug 03, 2026
Companies
Edgars to Delist from VFEX: What Went Wrong with Its Two Year Dollar Market Journey?

Edgars Stores Limited has resolved to pursue a voluntary delisting from the Victoria Falls Stock Exchange barely two years after leaving the Zimbabwe Stock Exchange for the United States dollar denomi

 Aug 03, 2026
Companies
Seed Co’s Smallest Quarter Delivers Growth, Revenue Per Tonne Falls Ahead of Its Biggest Seasonal Test

Seed Co Limited, Zimbabwe’s biggest seed house has grown the first quarter revenue by 19% to US$6.9 million and volume 22% to 4,145 metric tonnes, against US$5.8 million and 3,393 metric tonnes a year

 Aug 03, 2026
Mimosa Output Falls 6% as Power and Ore Complexity Disrupt Production

Mimosa processed about 41,000 fewer tonnes during FY2026. The lower grade then reduced the metal contribution from the smaller processing base. Restoring production will require progress in both area

Jul 31, 2026
Seed Co Zimbabwe Narrows Seasonal Operating Loss  in Q1 2026

Seed Co Limited, the Zimbabwe listed seed producer, narrowed its operating loss by 35% to US$2 million during the quarter ended 30 June 2026 as stronger winter cereal seed demand, early maize export

Jul 31, 2026
Delta’s Sugar Tax Bill Reaches US$7.3 Million in Three Months

Delta Corporation accrued US$7.3 million in sugar tax across its affected non alcoholic beverage categories during the quarter ended 30 June 2026, placing the levy near the annual pace recorded in the

Jul 30, 2026
ZimRe Bets on Reinsurance Capital Injection After 28% Revenue Jump to USD26.4m

ZimRe Holdings Limited, a diversified financial services group will prioritise recapitalising its reinsurance cluster during the remainder of 2026 as part of the Great Africa Trek, using additional ba

Jul 30, 2026

Prospect Doubles Mumbezhi Gold Resource as Copper Project Expands

Lusaka Prospect Resources has taken a significant step toward strengthening the long term development case for its Mumbezhi Copper Project in Zambia after expanding the project’s mineral inventory and

Jul 29, 2026

Malawi Punches Above Weight as Fidelity Life Posts 7% Half-Year Insurance Growth

Fidelity Life Assurance of Zimbabwe, one of the country’s largest life assurers, has recorded life and pensions insurance revenue growth of 7% for the half year ended 30 June 2026 according to the lat

Jul 28, 2026

One Tractor Per Village Puts Zimbabwe's Mechanisation Push Through a Utilisation Test

Zimbabwe will place one tractor in each of its roughly 35,000 villages before the 2026-27 summer cropping season, a rollout Agriculture Minister Anxious Masuka announced at the Zimbabwe Industrialisat

Jul 27, 2026

Old Mutual Targets US$46 Million Development REIT to Unlock US$150 Million Property Pipeline

Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban

Jul 27, 2026

Vodacom Bets on Growth as Lower Dividends Signal a New Phase for African Telecoms

* Vodacom raised medium term growth targets after consolidating Safaricom into the group. * A lower dividend payout signals greater confidence in long term investment returns. * African telecom valu

Jul 27, 2026

Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown

Spirits and Wines maker, African Distillers  has grown the first quarter revenue  by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7

Jul 23, 2026

Competition Watchdog Flags Exchange Deals as Dairibord Sale Looms

The Competition and Tariff Commission has warned investors, listed companies, stockbrokers and corporate advisers that acquisitions through the Zimbabwe Stock Exchange and Victoria Falls Stock Exchan

Jul 22, 2026

Prospect Resources Extends High-Grade Copper at Nyungu Central in Zambia

Prospect Resources has extended high grade copper mineralisation beyond the current Mineral Resource Estimate at its flagship Nyungu Central deposit in Zambia after step out drilling intersected 44 me

Jul 21, 2026