Search results for 'DGA'
World
Axia Corporation set to duck the ZSE with sights on the waterfall exchange VFEX

The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be

Dec 12, 2022
Companies
Distribution Group Africa Set to Restructure and Realign Performance with Revenues

Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig

Mar 24, 2025
Companies
AXIA’s DGA Segment Sustains Sluggish Performance in Q3 FY2025

Axia Corporation Limited's Distribution Group Africa (DGA) segment has sustained a sluggish performance in the third quarter of FY2025, ended March 31, 2025, compared to the same period last year, whi

May 22, 2025
Companies
Edgars commits US$1m to revitalize Carousel manufacturing division

Edgars Stores Limited, Zimbabwe’s largest clothing listed on the Victoria Falls Stock Exchange has  invested  US$1 million in its Carousel Manufacturing division according to the group’s latest financ

Jun 17, 2025
Companies
Edgars' Profit Margins Improve Fuelled by Modest Volume Growth in 1HY

Edgars Stores Zimbabwe Limited has reported a modest increase in sales volumes for the first half ended February 6, 2024, which contributed to improved profit margins. The Group’s total sales volume

Jul 18, 2025
Companies
Edgars Lines Up New Store Openings with Quality Affordable Clothes to Take on Informal Sector

Edgars Stores Zimbabwe Limited, a prominent fashion retailer established in 1946 by Sydney Press, has been a cornerstone of Zimbabwe’s retail landscape for over 77 years, catering primarily to middle

Jul 23, 2025
Zimbabwe
Never Too Late? Zimra and Buy Zimbabwe Forge Alliance Against Smuggling Onslaught

In a belated yet potentially pivotal move to stem the hemorrhage inflicted on Zimbabwe's economy by rampant smuggling, the Zimbabwe Revenue Authority (Zimra) has partnered with the buy-local advocacy

Feb 25, 2026
Companies
Nestle Scale-Up Fuels Axia's Stellar Half-Year Growth

Axia Corporation has delivered a robust half-year performance amid regional economic headwinds, with standout revenue surges across several key subsidiaries highlighting resilience in consumer goods a

Mar 11, 2026

Top Stories

BAT’s Profit Surge Against Revenue Decline: A 582% Earnings Jump With Nothing to Do With Selling Cigarettes

BAT Zimbabwe has posted one of the most spectacular profit numbers in Zimbabwe's FY2025 earnings season, and probably, one of the most misleading according to its FY2025 financial results. The group

4 hours ago

Dairibord's Tax Bill Swallows 66% Profit Surge as ZIMRA's Reach Extends Into Boardrooms

Dairibord Zimbabwe Limited, the country’s largest milk processor and various mik products producer has recorded a 66% rise in profit before tax to US$5.34 million for the year ended 31 December 2025,

7 hours ago

The Turnaround That Isn't: ZECO's Profit Rests on Income Auditors Flagged Misstated

ZECO Holdings Limited's FY2025 financial statements has presented a company in transition,  from loss to profit, from contraction to modest revenue growth, from strategic uncertainty to a new directio

Apr 02, 2026

Revenue Up 75%, Cash Down 99%: Unifreight's FY2025 Results and Working Capital Crisis

Unifreight Africa Limited, the Zimbabwe Stock Exchange-listed road transport and logistics group formerly known as Pioneer Corporation Africa which operates a fleet-intensive road transport business

Apr 02, 2026

Wheat Triples, Maize Doubles: Cereal Imports Bill Surges as Food Dependency Deepens

Zimbabwe's cereal imports rose sharply in February 2026, according to the latest data from ZimStat. Maize imports surged 48.3% to US$44.93 million from US$30.28 million in January, while wheat imports

Apr 01, 2026

February Trade Snapshot: 5 Straight Surpluses, Imports Triple, 80% of Earnings Flow to Two Countries at War

Zimbabwe's merchandise trade recorded a surplus of US$46.5 million in February 2026, according to the latest trade data, marking the fifth straight surplus, the best performance in Zimbabwe’s trade.

Apr 01, 2026

Import Surge Compresses Trade Surplus, Exposing Demand Recovery Pressures

The latest trade movements signal an economy that is gaining momentum on the demand side while remaining structurally dependent on external supply. The key variable now shifts to whether Zimbabwe can

Mar 31, 2026

Zimbabwe’s Pension Growth Story Masks a State Default Crisis

Every month, an employer in Zimbabwe's formal sector is legally required to deduct a pension contribution from each employee's salary and remit both that deduction and the employer's matching portion

Mar 31, 2026