Search results for 'capital expenditure'
World
Nampak's Growth Prospects in 2024: Analyzing the Key Factors at Play

Nampak Zimbabwe, the packaging firm, displayed impressive financial growth as its revenue surged by a remarkable 46% to ZW$573.78 billion for the full year ending on September 30, 2023. This substanti

Jan 09, 2024
Companies
Zimplats Doubles Down on Growth: Invests US$440 Million in Projects

Zimplats, Zimbabwe’s largest corporate despite facing challenging market conditions, demonstrated a strong commitment to future growth by investing US$440 million in mine replacement and expansion pro

Aug 21, 2024
Companies
CAPEX Jumps Over 2000% to $2M: Turnall Bets on New Investments

Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus

Oct 15, 2024
Companies
Zimplats Mining Volumes Decline 7% Amid Power Outages and Machinery Issues

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has recorded a 7%  decline in mined volumes in the half year to full year 2025 from 1 915 000 tonnes in 2023 according to the group’s

Feb 06, 2025
World
AI Boom Hits Reality Check:Microsoft Shares Tank Circa $400 Billion in Record Two-Day Rout

Microsoft, the world's largest software company by market capitalization and a cornerstone of the artificial intelligence revolution, has seen a record-breaking sell-off in its shares following its la

Feb 03, 2026
Zimbabwe
Strong Profits, Hidden Trap: How One Government Sentence Threatens Proplastics' 2026 Margins

Proplastics Limited, the Zimbabwe Stock Exchange-listed manufacturer of plastic piping systems that underpin water infrastructure, sanitation, irrigation, and construction across Zimbabwe, has report

Mar 30, 2026
Companies
Afdis’s Bumper Year: A Case Study in Operating Leverage and Fiscal Appetite

African Distillers Limited, the ZSE-listed beverages manufacturer in which Delta Corporation holds a combined direct and indirect stake of approximately 50.5% and Heineken Beverages holds 28.5%, has

May 08, 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

Top Stories

ZWG Payments for Government Contracts: Masimba Flags Cautious Outlook

Masimba Holdings Limited has reported revenue of USD 8.8 million for the first quarter ended 31 March 2026, a 13% increase from the comparable period of 2025, and profit after tax of USD 453,000, a 12

4 hours ago

Green Gold: Zimbabwe’s Avocado Exports Open at Six-Year High

Zimbabwe has exported USD 847,129 worth of fresh avocados in April 2026, the highest April opening value in over six-year trade dataset covering January 2021 through April 2026, and the second-highest

4 hours ago

Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy

Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil

5 hours ago

Mining Capex Boom: Machinery Imports Reveal Zimbabwe’s Industrial Buildout

When one reads Zimbabwe's April 2026 merchandise trade data at the headline level, its a story of a widening deficit, declining gold revenues, and compressed tobacco prices. However, when read at the

1 day ago

Government Moves to Reshape Water Delivery as Reform Targets Quality, Accountability

Cabinet has approved two separate pieces of water sector legislation at its seventeenth meeting, the principles of the Water Act Amendment Bill and the Zimbabwe National Water Authority Amendment Bill

1 day ago

ZSE Loses One of Its Remaining Pure Property Counters With 100% Shareholder Approval

First Mutual Properties Limited, one of the only purely property-focused listed entity on the Zimbabwe Stock Exchange, has voted itself off the exchange. At an Extraordinary General Meeting held on T

1 day ago

Final Checkout: Meikles Moves to Sell Last Premium Hotel Stake

Meikles Limited, one of Zimbabwe's oldest listed conglomerates, is in discussions to sell its remaining interest in hospitality operations, according to the latest cautionary circular. The asset in q

1 day ago

Selling More, Earning Less: What the Numbers Reveal from Nampak Zimbabwe’s 1HY2026 Results

Nampak Zimbabwe Limited, the country’s largest packaging firm has reported revenue of USD 41.7 million for the six months ended 31 March 2026, a 10% increase from USD 38 million in the comparable peri

Jun 03, 2026