Search results for 'US$'
Companies
Econet Joins Delta in US$1 Billion Club Race, H1 Revenue Surpasses US$500m on Voice Traffic, Data Dominance
Econet Wireless Zimbabwe delivered a robust financial performance for the half-year ended 30 September 2025, posting group revenue of ZiG 13.5 billion, representing a 39% year-on-year increase from Zi
Nov 19, 2025
Companies
Premier African Minerals Limited Enters US$2.4 Million Settlement to Halt Enforcement Action at Zulu Lithium
Premier African Minerals Limited has entered into a mutual release and settlement agreement with J R Goddard Contracting (Private) Limited (JRG) regarding a US$2.4 million debt tied to its Zulu Lithiu
Jan 22, 2026
Companies
Delta Corporation Crosses $1Bn Revenue Mark, Becomes Third Company in Zimbabwe's Corporate History
Delta Corporation Limited, Zimbabwe's beverages behemoth has become only the third company in Zimbabwe's corporate history to record annual revenue exceeding $1 billion, reporting revenue of $1.09 bil
May 13, 2026
Companies
PPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board
Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa
Jul 02, 2026
Zimbabwe
Zimbabwe Approves US$7 Billion in PPP Projects, But Less Than Half Reach Construction
Zimbabwe has approved 30 Public-Private Partnership (PPP) projects with a projected investment value of US$7 billion since 2018, though fewer than half have progressed into construction or operation,
Aug 05, 2026
Zimbabwe
Zimbabwe’s Aviation Recovery Leaves CAAZ Behind With US$52m Debt, Bigger Losses
Zimbabwe’s aviation market is expanding around a regulator whose balance sheet remains under considerable financial strain according to the Auditor General’s report. The Civil Aviation Authority of Z
Aug 27, 2026
World
British International Investment’s US$50 Million Return Reshapes Zimbabwe’s Productive Finance
British International Investment’s US$50 million commitment through CABS and NMB Bank places long-term foreign development capital back into the part of Zimbabwe’s economy where financing constraints
Sep 28, 2026
Companies
Renco Set for Sale at US$35 Million, RioZim’s Last Standing Functional Gold Asset
RioZim has put Renco Mine up for sale for at least US$35 million, opening a new phase in the mining group’s turnaround as it seeks to reduce debt, strengthen working capital and concentrate its limit
Sep 28, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
