Search results for 'Zimbabwe'
Companies
Caledonia’s Q1 Profit Surges 69% to US$19Mn, Gold Price Masks Blanket Grade Pressure
Caledonia Mining Corporation has reported a 69.4% surge in profit after tax to US$18.91 million for the first quarter of 2026, its strongest quarterly earnings performance driven almost entirely by a
May 11, 2026
Companies
FMP Minority Shareholders Offered 3.3c Exit, 65% Below Audited NAV as Delisting Vote Nears
First Mutual Properties Limited is set to delist from the Zimbabwe Stock Exchange on 1 July 2026, with majority shareholder First Mutual Holdings Limited offering minority shareholders US$0.033 per sh
May 11, 2026
Zimbabwe
Zimbabwe Holds Africa’s Highest Gold Reserve Shares as RBZ Builds ZiG Confidence Case
Harare- Zimbabwe held 4.48 tonnes of gold reserves as of 11 May 2026, according to data published by the Reserve Bank of Zimbabwe drawing on International Monetary Fund International Financial Statist
May 12, 2026
Zimbabwe
Zimbabwe Abolishes Building Permits in Boldest Real Estate Reform in a Generation
Zimbabwe has abolished building permit requirements and Environmental Impact Assessment obligations at the local authority level for property development projects, in what constitutes the most structu
May 13, 2026
Zimbabwe
Zimbabwe Cuts Health Sector Fees, but Workforce and Infrastructure Gaps Remain Unanswered
The Cabinet has approved a health sector regulatory reform package spanning ten categories of fees and licences, announced by Finance Minister Mthuli Ncube on 12 May 2026. The measures include the abo
May 13, 2026
Zimbabwe
Zimbabwe Cuts Banking Costs: New Reforms Target MSME Formalisation, ZiG Adoption
For years, the cost of formal banking has pushed Zimbabwe's MSME economy into cash and informality. The financial sector reforms announced on 12 May directly attack that dynamic. Their success will be
May 13, 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
Zimbabwe
Zimbabwe's Beverages Sector Signals a Manufacturing Inflection Point as Anchor Investors Deploy Capital at Scale
"Listed corporate results are confirming a stronger demand cycle, with many companies reporting double-digit growth in revenue and profitability through 2025 and into Q1 2026. Capacity is becoming a r
May 14, 2026
Companies
Innscor Set for Another Record Year Despite SI 87 Threatening Cost Stability
Innscor Africa Limited has reported encouraging volume momentum across its core manufacturing operations for the nine months to 31 March 2026, with standout performances from its bakery, protein, snac
May 14, 2026
Companies
CAFCA Profit Jumps 211% as Construction Boom, Copper Price Rally Rewrites Cable Demand
CAFCA Limited, Zimbabwe’s only listed cables manufacturer has reported a 211% increase in profit after tax for the six months ended 31 March 2026, with revenue growing 24% to US$22.2 million from US$1
May 14, 2026
Companies
Mash Holdings Lifts Operating Profit 20% as Occupancy Rises, Two Major Development Projects Break Ground
Mashonaland Holdings Limited has reported an 8% increase in revenue to US$1.86 million and a 20% increase in operating profit before fair value adjustments to US$879,222 for the quarter ended 31 March
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
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
Top Stories
Zimbabwe Declares Its Minerals Strategic: Critical Minerals Policy Rewrites Ownership Rules
On 22 May 2026, Zimbabwe formally published its Mineral Classification and Declaration, designating lithium, platinum group metals, cobalt, nickel, graphite, copper, rare earths, and chrome as Critica
1 day ago
