Search results for 'Malawi'
World
African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead

In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar

Apr 04, 2023
World
A Tale of Financial Woes: Seed Co’s FY Profit More than Halve

Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign

Jul 04, 2023
Companies
Regional Challenges Weigh on Axia's Q1 FY25 Performance

Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf

Nov 18, 2024
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
Insurance Service Growth, Malawi Investments Lift Fidelity Life’s H1 Profit

Diversified ZSE-3listed insurer Fidelity Life Assurance of Zimbabwe (FLA) has posted a 14% increase in after-tax profit of USD6.0 million for the six months ended 30 June 2025 from  from USD5.2 millio

Sep 19, 2025
Zimbabwe
Fuel Price Developments in Zimbabwe Exposes A System in Crisis

Ultimately, the ZiG remains an unreliable store of value and a symbol of the country’s economic mismanagement. If Zimbabwe’s currency had life and the backing it claims, it would have responded to the

Mar 20, 2026
Companies
Fidelity Life Profit Doubles as Funeral Services, Malawi Operations Scale

Fidelity Life Assurance of Zimbabwe, operating under the FLA Group, has reported profit of US$2.95 million for the first quarter ended 31 March 2026, more than doubling from US$1.38 million in the sam

May 15, 2026
Companies
First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale

First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven

May 18, 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

3 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

5 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

7 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

9 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

11 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