Search results for 'equity axis'
Companies
Afdis Pays $1.8M to ZIMRA Under 'Pay Now, Argue Later' Principle Amid Wider $97M Delta Dispute
African Distillers Limited (Afdis) has completed payment of approximately US$1.8 million in disputed income tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA), while continuing legal and
Nov 06, 2026
Zimbabwe
Zimbabwe’s First Wind Farm to Out-Produce All Independent Power Producers Combined
Zimbabwe’s planned US$300 million Guruve–Mazowe renewable energy project would deliver an average of about 63 megawatts (MW) to the national grid once running, more than the 46 MW that all of the coun
Nov 07, 2026
Zimbabwe
Zimbabwe's Gold Mining Policy Forces Early Redwing Restart Ahead of Feasibility Study
Zimbabwe's new limits on foreign participation in small-scale gold mining have pushed Nasdaq-listed Namib Minerals to accelerate the reopening of Redwing Mine in Penhalonga, Manicaland, before comple
Nov 07, 2026
Zimbabwe
Invictus Targets New Gas Discovery at Musuma, Tests Cabora Bassa's Wider Petroleum Potential
Invictus Energy has moved its drilling rig to the Musuma-1 exploration site in Zimbabwe's Cabora Bassa Basin, bringing the company closer to testing a gas prospect estimated to contain 1.2 trillion cu
Nov 09, 2026
Companies
Ariana Resources Targets US$5 Million VFEX Raise Ahead of US$164 Million Dokwe Mine Build
Ariana Resources is seeking up to US$5 million from Zimbabwean investors through the Victoria Falls Stock Exchange to finance additional exploration at its Dokwe Gold Project, as the company advances
Nov 09, 2026
Zambia
Strong Kwacha Cuts Zambia Sugar's Profit by 62% as K1 Billion Cash Position Turns Into Overdraft
Zambia Sugar Plc has reported a 62% decline in profit after tax to K616.8 million for the year ended 31 August 2026, as the appreciation of the kwacha, declining international sugar prices and competi
Nov 09, 2026
Companies
WestProp Retains US$110 Million Property Portfolio Following Pomona Landbank Separation
WestProp Holdings has completed its corporate reconstruction, retaining an estimated US$110.2 million in assets on the Victoria Falls Stock Exchange following the transfer of its 161.51 hectare Pomona
Nov 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
