Search results for 'business'
Companies
Gold Windfall Powers Padenga Profit to $57m as Crocodile Losses Deepen

Padenga Holdings posted its strongest financial performance in years for the twelve months to 31 December 2025, with profit before tax more than doubling to $93.9 million from $43.8 million as a sust

Apr 09, 2026
Companies
Tongaat Hulett’s Fate Hangs in Balance as Provisional Liquidation Hearing Opens Today

Tongaat Hulett Limited faces a defining moment in Durban High Court today as the long-running provisional liquidation application against the company is finally heard, with the outcome likely to deter

Apr 16, 2026
Zambia
Zambeef Discloses USD5 Million Power Deal with Non-Executive Director’s Company

Zambeef, has formally disclosed a significant related-party transaction under AIM Rule 13, entering a long-term electricity supply agreement with Kanona Power Company Limited, a company in which Non-E

Apr 16, 2026
Companies
Tea Collapse, Thin Cash, Rising Debt: Ariston’s Recovery Still Hangs in the Balance

Ariston Holdings Limited, the Zimbabwe-listed agribusiness that farms tea, macadamia nuts, and specialty crops across estates including Southdown and Kent has posted a revenue of 21% to $5.6 million,

Apr 17, 2026
Companies
Edgars Grows Profit 139%, Funding Costs Keep Earnings Base Under Pressure

Edgars Stores Limited has reported profit after tax of USD 1.947 million on total revenue of USD 41.3 million for the 52 weeks ended 4 January 2026. That is a net margin of 4.7% on a revenue base that

Apr 17, 2026

Top Stories

GB Holdings Reports 96% Profit Collapse Despite 43% Revenue Growth

GB Holdings Limited has reported a profit after tax of USD 38,950 for the financial year ended 31 December 2025, a 96% collapse from the USD 1,029,508 recorded in the comparable period, despite total

1 day ago

Datvest Consumer ETF Delivers 45% Gain as Delta, Innscor Dominate Basket

The Datvest Modified Consumer Staples Exchange Traded Fund has reported a 45% year-on-year growth in the fair value of equity investments for the year ended 31 December 2025, with net assets attributa

Apr 23, 2026

Beyond the Agreements: Why Plumtree Has Become the Credibility Test of the Zimbabwe–Botswana BNC

Zimbabwe and Botswana have concluded the Fifth Session of their Bi-National Commission in Harare on 22 April 2026, with President Emmerson Mnangagwa and Botswana President Advocate Duma Gideon Boko co

Apr 23, 2026

Decoding the VP’s Speech at ZITF: Tobacco Targets, Value Addition Ambitions and Investment Commitments

Zimbabwe intends to produce more than 400 million kilograms of tobacco in the 2025/2026 growing season, up from the record 352.7 million kilograms delivered to the auction floors in 2025 at a combined

Apr 23, 2026

Ariston Names Farai Madziva CEO as Turnaround Enters Final Phase

Ariston Holdings Limited has appointed Farai Madziva as Chief Executive Officer with full executive mandate, effective from the departure of his predecessor Leon Nortier, who ceased to serve in the ro

Apr 22, 2026

Zimbabwe Approves USD 92Mn PPP to Unlock 1,200 Hectares at Victoria Falls: The Largest Single Land-Backed Infrastructure Deal

Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin

Apr 22, 2026

Zimbabwe Projects Cereal Surplus of Up to 965,000 Metric Tonnes Through March 2027 as Soyabean Output More Than Doubles

Zimbabwe has projected a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, with total cereal production for the 2025/2026 summer season estimated at 2.74 mill

Apr 22, 2026

Zimbabwe’s New Banking Reality: The Informal Sector Holds the Future

In February 2026, the Reserve Bank of Zimbabwe (RBZ) removed balance enquiry fees and capped transaction charges across the banking system, directing all banks and deposit-taking microfinance institu

Apr 22, 2026