Search results for 'Zimbabwe'
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Companies
Ariston Tea Output Falls 70% as Funding Constraints Persist After US$3m Funding Injection
Ariston Holdings’ tea production fell 70% to 532 tonnes in the third quarter ended June 2026 from 1,770 tonnes a year earlier, placing the group’s funding structure back at the centre of its operation
Sep 03, 2026
Zimbabwe
ZB Taps Fintech Executive Matsaudza to Turn Digital Investment Into Core Banking Growth
Matsaudza brings more than 17 years of experience across African financial and telecommunications markets. ZB’s appointment announcement says he previously served as Managing Director of O’mari, the f
Sep 04, 2026
Zimbabwe
Five Years of Growth, Limited Job Gains: World Bank Flags Zimbabwe’s Productivity Gap
The World Bank has flagged Zimbabwe’s failure to convert strong economic growth into productive employment, with about 80% of working Zimbabweans now operating in the informal sector where median mont
Sep 07, 2026
Companies
Kavango Appoints Former AngloGold Executive as Zimbabwe Gold Strategy Advances
Kavango Resources has appointed former AngloGold Ashanti executive Jasper Musadaidzwa as Chief Executive Officer and Executive Director with immediate effect as the London and VFEX-listed miner develo
Sep 07, 2026
Zimbabwe
Old Mutual Tests Zimbabwe’s Return to Group Earnings After Seven-Year Ring-Fence
Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years
Sep 08, 2026
Zimbabwe
World Bank Puts Zimbabwe’s Power Losses at 6.1% of GDP, Firms Expand Captive Supply
Zimbabwe is carrying an electricity constraint estimated by the World Bank at 6.1% of GDP annually, placing power among the largest structural costs still embedded in an economy targeting industrial e
Sep 08, 2026
Zimbabwe
O’mari’s 2.2 Million Customers Are Becoming Old Mutual Zimbabwe’s Distribution Network
Old Mutual Zimbabwe’s O’mari has surpassed 2.2 million customers, with transaction volumes rising 139% and revenue increasing 80% year on year in the first half of 2026, giving the fintech considerabl
Sep 08, 2026
Top Stories
ZRA Cuts Kariba Water Allocation 36%, Adds Pressure to Zimbabwe’s Electricity Shortfall
The Zambezi River Authority, which manages Kariba Dam on behalf of Zimbabwe and Zambia, has cut the combined water allocation for electricity generation in 2027 by 36.1% to 23 billion cubic metres, ac
20 hours agoHippo Sets US$7m–US$10m Annual Capex Baseline: Water, Power and Drip Irrigation Move to the Front of the Queue
Hippo Valley Estates expects to require between US$7 million and US$10 million in annual capital expenditure under normal operating conditions over the coming years, but pressure on its water conveyan
1 day agoZimbabwe Opens Its Borders to Britain and Germany While Its Citizens Face Costlier Entry Abroad
Zimbabwe maintains comparatively accessible visitor-entry arrangements for British and German nationals, allowing travellers from both countries to obtain visas on arrival, while Zimbabwean passport h
1 day ago
