Search results for 'ZECO Holdings'
Companies
ZECO Holdings’ Q3 Review: Increased Revenue, Decreased Occupancy

ECO Holdings, a loss-making real estate and property company, has reported a decline in shop occupancy rates during the third quarter ended September 30, 2024, despite achieving moderate revenue growt

Nov 05, 2024
Companies
Zeco Holdings Sees Revenue Rise to ZWG 1,655 Million, Yet Losses Widen

Zeco Holdings, a perennial loss maker, has capped full year 2024 with a widened loss despite revenue growth, reporting a deficit of ZWG 549,281, up sharply from ZWG 254,334 in 2023. Yet, the company

Apr 11, 2025
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
From Wagons to Rentals: ZECO’s Fragile Half-Year Revival

ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break

Sep 11, 2025
Companies
ZECO Rides Zimbabwe’s Stable Currency, Q3  2025 Revenue Surges 82%

ZECO Holdings, the Zimbabwe Stock Exchange-listed engineering and property investment group, nearly doubled its third-quarter revenue to ZWG 1.72 million for the period ended 30 September 2025, a sign

Nov 17, 2025
Companies
The Turnaround That Isn't: ZECO's Profit Rests on Income Auditors Flagged Misstated

ZECO Holdings Limited's FY2025 financial statements has presented a company in transition,  from loss to profit, from contraction to modest revenue growth, from strategic uncertainty to a new directio

Apr 02, 2026
Companies
ZECO’s Revenue Triples, Overheads Push Group Into Loss

ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu

Oct 05, 2026

Top Stories

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

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, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

Cassava Enters World Bank Plan for Affordable African AI

The World Bank Group launched its first digital strategy on 20 October, setting out a financing and policy framework for developing countries to expand affordable connectivity, digital services, skill

Oct 21, 2026

Zanaco'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