Search results for 'development'
Companies
Econet Enhances Connectivity in Underserved Communities, Sustains Dominance in Data, Voice Traffic in Q1
Econet has intensified its efforts to bridge the digital divide by deploying ten lightweight, cost-effective base transceiver stations (BTS) in underserved rural areas during the first quarter ended 3
Jul 22, 2025
Companies
Mash Holdings’ Rental Income Grows 15% Spurred by New Tenants at Pomona Centre
Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), reported strong rental income growth in the first half of 2025, by its developme
Aug 28, 2025
Companies
First Mutual Properties Swings to US$1.4m Profit in HY25, Erases US$60m Loss
First Mutual Properties Limited (FMP), the Zimbabwe Stock Exchange–listed real estate investment and development group, has achieved one of the sharpest earnings reversals on the bourse, swinging from
Sep 23, 2025
Companies
Karo Mining’s Loss Narrows 13% in FY2025 , Platinum Recovery Breathes Life Into Long-Delayed Project
Karo Mining Holdings Plc, the Victoria Falls Stock Exchange (VFEX)-listed mining investment company developing the Karo Platinum Project in Zimbabwe, narrowed its annual loss in the year ended 30 Sept
Jan 05, 2026
South Africa
South Africa Joins Afreximbank, Unlocks US$8bn Trade Industrial Finance Programme
South Africa has formally acceded to the African Export-Import Bank (Afreximbank), becoming the 54th member state of the Pan-African multilateral lender and completing the country’s entry into the con
Feb 05, 2026
Companies
Tigere Targets US$100m Net Asset Value for FY 26, Sets Sights on US$200m by 2028
Tigere Real Estate Investment Trust (REIT), a leading Zimbabwe Stock Exchange-listed entity, has projected a 100% growth in Net Asset Value (NAV) to US$100 million in full year 2026 from US$50 million
Mar 05, 2026
Zimbabwe
From Mortgage Lender to Property Developer: How Zim's Banks Are Reinventing Themselves
FBC Holdings, one of Zimbabwe's largest diversified financial services groups with operations spanning commercial banking, building society activities, insurance, and microfinance, has disclosed at an
Mar 30, 2026
Companies
WestProp's Profit Falls 26% in 2025: But Records Strongest Underlying Business Ever
Harare- WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed real estate developer whose portfolio spans Pomona City, Pokugara Residential Estate, Millennium Heights, and the under-dev
Apr 08, 2026
Companies
Eagle REIT Executes Major Portfolio Expansion Despite Lower Reported Profit from Reduced Stand Sales
Eagle Real Estate Investment Trust, Zimbabwe's first dollar listed reit, has delivered a textbook development-focused performance in 2025, prioritising long-term value creation over short-term trading
Apr 09, 2026
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
