Search results for 'FDIs'
Zimbabwe
Cheap Imports Dents AFDIS Sales Volumes

African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of

Jul 25, 2023
World
From Discord to Accord: Report to Recalibrate EU-Zim Dynamics?

A cohort of European Union (EU) Election Observers arrived in Zimbabwe to oversee the much-anticipated elections scheduled for the 234rd of August this year. This will be the second election under the

Jul 31, 2023
Companies
Independent Retailers Fuel Afdis’s FY 2025 Sales Volumes Growth

The Zimbabwe Stock Exchange-listed wine and spirits manufacturer, African Distillers (Afdis), has recorded a 15% volume growth for the financial year ended 31 March 2025, according to its latest finan

May 15, 2025
Companies
Afdis Toasts Record Q1 Growth: Anti-Smuggling Blitz Fuels Turnover Surge

Afdis, Zimbabwe’s leading spirits and wine producer, has commended the government’s anti-smuggling initiatives, which have significantly boosted the company’s performance in the first quarter ending J

Jul 30, 2025
Companies
Record Winter Lager Sales Fuel Delta’s Q1 Revenue Surge

Delta Corporation, Zimbabwe’s largest beverage manufacturer has recorded a 25% year on year increase in revenue for the first quarter ended 30 June 2025 according to its latest update. The growth was

Jul 30, 2025
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’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

Top Stories

Zambia's Economy Accelerates to 7.7% , Agriculture Leads Broad-Based Recovery

Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser

5 hours ago

Zimbabwe’s Winter Wheat Planting Target Surpasses 125,000ha Benchmark, ARDA Achieves 92% Planting Goal

Zimbabwe’s wheat planting programme has reached 128,459 hectares, surpassing the national target of 125,000 hectares by approximately 3,459 hectares or 2.8%. The Agricultural and Rural Development Au

7 hours ago

Proplastics Exports Surge 139% in Five Months, Hits 97% USD Revenue

Proplastics Limited, Zimbabwe's only listed manufacturer of PVC piping and infrastructure systems, has seen a 139% surge in export sales in the first five months of 2026, rising from a 4% contribution

8 hours ago

Proplastics Exports Surge 139% in First Five Months of 2026, Volumes Up 26%

Proplastics Limited, the Zimbabwe Stock Exchange-listed manufacturer of plastic piping systems that underpin water infrastructure, sanitation, irrigation, and construction across Zimbabwe, has record

10 hours ago

Why Dairibord is Becoming the Latest Corporate Delisting from the ZSE

Dairibord Holdings is set to be the latest delisting form the Zimbabwe Stock Exchange according to the latest circular to shareholders. Dairibord Holdings led the ZSE's gainers on Wednesday 24 June 2

13 hours ago

Operational Reactivation: RioZim’s Q1 Gold Output Eclipses Entire 2025 Production

Resuscitating mining giant, RioZim Limited has produced 92 kilograms of gold in the first quarter of 2026 from Renco Mine, an exponential increase from the 6 kilograms produced in the same quarter of

1 day ago

RTG Lifts Q1 2026 Revenue to US$11.4m as Occupancy and Room Yields Rise

Rainbow Tourism Group Limited (RTG), Zimbabwe’s second-largest hotelier, has recorded a 32% increase in revenue to US$11.41 million for the first quarter ended 31 March 2026, from US$8.65 million in t

1 day ago

Zimbabwe's Economy Expands to US$59.7 Billion as GDP is Rebased to 2025

With GDP reaching approximately US$59.7 billion at current prices, the latest estimates provide an updated benchmark for policymakers, investors, businesses and development partners seeking to underst

Jun 23, 2026