Search results for 'FDIs'
Companies
AFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
Feb 02, 2026
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
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
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
