Search results for 'Westprop'
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph
Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok
Jun 11, 2024
Companies
ZECO’s Occupancy Rate Slumps to 47% in Q1: Anticipates Recovery Just Like All Laggards
Zeco Holdings, a perennial loss maker has seen yet another sluggish start to FY2025 with occupancy rate declining, despite a shift to real estate in 2022. Despite the sector offering solace to investo
May 16, 2025
Companies
Willdale’s Q3 Sales Slump Echoes Beta Bricks' Struggles, WestProp’s Entry Signals Fierce Competition
Willdale Limited, Zimbabwe’s only listed brick manufacturer, is grappling with significant challenges in its core brick-making business while pinning its hopes on a property investment strategy to dr
Aug 19, 2025
Zimbabwe
Public Service Pension Fund Bets on Real Estate to Shield Members from Market Volatility
The Public Service Pension Fund (PSPF), an arm of the Zimbabwean government that manages retirement savings and pension benefits for public sector employees, is significantly expanding its property po
Sep 25, 2025
Companies
WestProp's Profit Falls 26% in 2025: But Records Strongest Underlying Business Ever
Harare- WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed real estate developer whose portfolio spans Pomona City, Pokugara Residential Estate, Millennium Heights, and the under-dev
Apr 08, 2026
Companies
WestProp’s 80% Revenue Jump Faces Profit Conversion Test: Tax Consumes Half of Incremental Profit
WestProp Holdings Limited has reported revenue of USD 8.06 million for the first quarter ended 31 March 2026, an 80.2% increase on the USD 4.47 million recorded in Q1 2025, with net profit reaching US
May 18, 2026
Companies
WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Oct 05, 2026
Companies
WestProp’s Pomona Share Swap Widens Minority Ownership, Keeps Alpha in Control
WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed property developer, received valid acceptances covering 427,389 Alpha Holdings Africa shares under its minority exit offer, represen
Oct 16, 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
