Search results for 'food manufacturing'
Companies
Gvt Policies Take a Bite, Nat Foods Bites Back: Profit Surges 82%

Rising power costs and non-claimable VAT have eroded National Foods' financial gains, highlighting the devastating impact of policy inaction on businesses and low-income households. The company vows t

Sep 27, 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
CTC Review Puts Zimbabwe’s Beverage Competition Structure Under Scrutiny

Zimbabwe’s beverage and food manufacturing landscape is entering a new phase of scrutiny as the proposed acquisition of a significant stake in Dairibord Holdings by Varun Beverages raises questions ar

Sep 10, 2026
Zimbabwe
Mega Market Gets Conditional Clearance for 100% Lobels Acquisition

Zimbabwe’s competition watchdog, the Competition and Tariff Commission, has conditionally cleared Mega Market Private Limited’s proposed acquisition of 100% of Lobels Holdings, imposing behavioural re

Sep 14, 2026
Companies
CABS Signs US$30m BII Partnership to Finance Zimbabwe’s Agriculture and Food Exporters

CABS has signed a US$30 million financing partnership with British International Investment (BII) to expand lending to Zimbabwe’s productive sectors, creating an additional source of foreign currency

Sep 24, 2026

Top Stories

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

1 day ago

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

1 day ago

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

1 day ago

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

1 day ago

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

1 day ago

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

Cassava Enters World Bank Plan for Affordable African AI

The World Bank Group launched its first digital strategy on 20 October, setting out a financing and policy framework for developing countries to expand affordable connectivity, digital services, skill

Oct 21, 2026

Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure

Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa

Oct 21, 2026