Search results for 'debt'
Companies
Profit Triples, Wallets Shrink, Borrowings Surge: The Three Stories Inside InnBucks' Six Months
InnBucks MicroBank Limited has delivered half-year results for the six months ended 31 December 2025 that, at first reading, appear remarkable. Profit nearly tripled to ZWG 99.5 million from ZWG 33
Mar 04, 2026
Zambia
First Quantum Offloads Turkish Copper Mine for $340Mn, Tighten Focus on Core Assets
First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i
Mar 13, 2026
Zambia
Izwe Loans Zambia Caps Multi-Year Transformation with Profit Growth, Cash Flow Turnaround
Izwe Loans Zambia Plc has successfully completed its transformation into a diversified, digital-first financial services provider, delivering robust audited results for the year ended 31 December 2025
Mar 20, 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
Zimbabwe
Squeezing the Soil: How GMB’s Over ZiG 200 Million Arrears Threaten the Next Season
The Grain Marketing Board is owing 17.27% of ZiG payment obligations to farmers who delivered grain in the FY2025 marketing season amounting to ZiG 50,192,313.52. Transporters who hauled grain to GM
Jun 12, 2026
Companies
Zambeef Products Doubles Profit, Costs Absorb Three-Quarters of Operating Profit
Zambeef Products PLC, the largest integrated cold chain food products and agribusiness company in Zambia, has reported revenue of ZMW 3.93 billion, equivalent to USD 180.5 million, for the half-year
Jul 15, 2026
Companies
ZCCM-Investments Holdings Swings from $1.5 Bn Profit to $110 Mn Loss: The Real Story Behind the Numbers
ZCCM Investment Holdings, Zambia's only listed diversified mining and energy investment company, reported a net loss of ZMW 2.79 billion, equivalent to USD 110.7 million, for the year ended 31 Decembe
Jul 15, 2026
Zambia
National Breweries Posts First Profit in Years: Real Story Behind the Turnaround
National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r
Jul 16, 2026
Top Stories
RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
1 day agoBuilding Hotels Without Building Hotels: How RTG Is Turning Existing Assets Into Its Next Growth Engine
Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev
2 days ago
