Search results for 'corporate'
Zimbabwe
Navigating the Wild Side: Unveiling Zimbabwe's Corporate Landscape, Willdale’s 2023 FY Results, and the Path to Prosperity
Despite the obstacles encountered, Willdale experienced a remarkable surge in its inflation-adjusted revenue in 2023. The company's revenue reached a staggering ZWL 37 billion, a whopping 106% increas
Jan 03, 2024
Zimbabwe
Mid-Term Budget’s Tax Position: Reforms Fall Short of Expectations, New Levies Introduced
In the latest mid-term budget announcement, Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, has fallen short of meeting the diverse fiscal expectations of b
Jul 26, 2024
Companies
Caledonia Slashes Diesel Usage by 62%, Boosts Sustainability Efforts in 2023
aledonia Mining Corporation has made significant strides in promoting environmental, social, and governance (ESG) practices and corporate governance in 2023 by having slashed diesel usage by 62% as pa
Aug 02, 2024
Companies
NATIONAL FOODS' SHOCK EXIT: Weighs Delisting From VFEX, Barely 2 Years after Listing
Largest food producer, National Foods (Nat Foods) Limited, is contemplating a delisting from the Victoria Falls Stock Exchange (VFEX), according to the latest circular from the group. Nat Foods was
Oct 31, 2024
Companies
BOARDROOM BETRAYAL: Moxon Accuses Meikles Directors of 'Deceitful' Power Play, Calls EGM to Remove Them
Meikles Limited's largest shareholder, John Moxon, has convened an Extraordinary General Meeting (EGM) to effect a strategic restructuring of the company's Board of Directors. The EGM is slated for De
Nov 26, 2024
Companies
Caledonia Nets $22.35M from Solar Plant Sale, Bolsters Liquidity for Gold Expansion
aledonia Mining Corporation has sold its 12.2 MW solar plant to CrossBoundary Energy Holdings (CBE) for $22.35 million in cash according to the latest circular by the company. This move is to allow
Apr 15, 2025
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
