Search results for 'dividend'
Companies
Revitus Drives CBD Revival, Eyes Turnaround of Iconic Assets

In a strategic bid to combat the exodus of companies from central business districts (CBDs), Revitus Property Fund has doubled down on its mission to revitalize aging CBD properties and breathe new li

May 27, 2024
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph

Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok

Jun 11, 2024
Companies
FBC Holdings' Income Exceeds ZWG2 Billion Despite Currency Carnage

FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u

Sep 19, 2024
Companies
Highland Park Phase 2 Acquisition: Tigere's Blueprint for Q4 Growth

Tigere Property Fund has made a strategic move to bolster its performance in the fourth quarter of the 2024 financial year with the acquisition of Highland Park Phase 2. This addition is expected to

Oct 22, 2024
Companies
RTG Declares US$2.5 Million Dividend After Stellar FY2024 Performance

Rainbow Tourism Group Limited (RTG) has declared  total dividend of US$2.5 million for the year ended 31 December 2024, an increase from the US$1.5 million declared in 2023, following a stellar perfor

Mar 13, 2025
Companies
Axia Flirts with US$100 Million in Topline, Declares Dividend

AXIA Corporation Limited, a diversified company listed on the US dollar-denominated bourse, Victoria Stock Exchange (VFEX) has reported a topline growth of US$99.6 million in the first half of 2025 (

Mar 20, 2025
Companies
Caledonia Maintains US$0.14c Quarterly Dividend for Q1 2025

Caledonia Mining Corporation  has maintained its 14 United States cents (US$0.14) dividend on each of the company’s shares for the first quarter (Q1) of 2025. This follows the company’s commitment to

Mar 27, 2025
Companies
Tigere’s Net Property Income Surges to Half a Million in Q1 25

Tigere Property Fund , a real estate firm listed on the Zimbabwe Stock Exchange (ZSE) has recorded a total of US$535 632 in net property income for the first quarter ended 31 March 2025 from US$ 376 4

May 13, 2025
Companies
Controlled Exchange Rates, ZiG Devaluation Sink Meikles into FY2025 Financial Loss

Meikles Limited, Zimbabwe’s second-largest retailer by store count, reported a significant financial setback in FY2025, plunging into a loss of ZWG 264 million from continuing operations, a contrast t

Jul 29, 2025
Companies
Implats Eyes Growth with Optimised Operations at Zimplats and Rustenburg

Impala Platinum Holdings Limited (Implats) a leading South African platinum group metals (PGM) producer plans to redefine its volumes  from improved processing availability at Impala Rustenburg and Zi

Sep 04, 2025
Companies
First Mutual Holdings Rebounds with US$6.2 Million Profit in H1 2025

First Mutual Holdings Limited (FMHL) has staged strong turnaround, posting a profit after tax of US$6.2 million for the half year ended 30 June 2025, reversing a US$32.7 million loss recorded during t

Sep 18, 2025
Companies
Axia Expects Restapedic Relocation to Sunway City to Boost Efficiency

Diversified  Victoria Falls Stock Exchange–listed (VFEX)  company Axia Corporation Limited expects the relocation of Restapedic’s operations to Sunway City to unlock manufacturing efficiencies, while

Sep 25, 2025

Top Stories

Standard Chartered Exits  Botswana Business ,Deepens Retreat from African Markets

Standard Chartered ,a British multinational bank focused on Asia, Africa, and the Middle East, providing corporate, investment, and wealth management banking has exited Botswana to  reassess risk, sca

8 hours ago

U.S. Expands Visa Bond Policy to Zimbabwe, Imposes Up to US$15,000 Requirement

The U.S. Embassy has expanded its visa bond policy to include Zimbabwe among 38 targeted countries, effectively tightening access to the United States and imposing steep new financial hurdles for Zimb

1 day ago

Zimbabwe's Aggressive 15% Digital Withholding Tax Dwarfs Africa's Norms

Zimbabwe, has introduced a 15% withholding tax on offshore digital goods and services, marking a bold and aggressive step in modernising its tax framework to capture revenue from the burgeoning digita

1 day ago

NRZ's Operational Paralysis: A Brake on Hippo Valley's Growth Momentum

Hippo Valley Estates Limited, Zimbabwe's dominant sugar producer commanding a 50.2% local market share and 49.8% of exports, finds its expansion ambitions severely hampered by the chronic inefficienci

Jan 08, 2026

South Africa's Falling Maize Prices Offer Relief to Zimbabwe Amid Lean Season Food Security Strains

South Africa's maize prices have declined more than 30% year-on-year, fueled by a robust harvest that has generated substantial surpluses for both local consumption and regional exports.

Jan 07, 2026

First Capital Bank Nears Completion of US$30m Makasa Sun Disposal

First Capital Bank Limited has received exchange control approval for the US$30 million disposal of Makasa Sun (Private) Limited (Formerly The Kingdom Hotel) and is now awaiting the remaining regulato

Jan 06, 2026

Sincerity, Stability and Regional Lessons: Why Context Matters for Zimbabwe

Zimbabwe's Finance Minister's emphasis on sincerity in economic policy remains highly relevant as the country pursues currency stabilisation, confidence-building, debt management, and reforms amid lon

Jan 06, 2026

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