Search results for 'infrastructure investment'
Zimbabwe
NRZ Seeks $400M Bailout to Link Manhize Steel Plant to Rail

The National Railways of Zimbabwe (NRZ) faces a daunting challenge in supporting the country's economic recovery and the ambitious Manhize steel project. With equipment and infrastructure long past i

Jun 17, 2024
Companies
As Econet Upgrades Network, Connectivity Gaps Persist: Why?

Econet Wireless Zimbabwe, the pre-eminent telecommunications operator in the region, has strategically deployed an additional 32 5G base stations in Harare over the six-month period concluding on Augu

Nov 26, 2024
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

Mar 13, 2025
Companies
First Mutual Properties Stuns with $57.2M FY2024 Loss, Yet Revenue Rockets 31%

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a US$57.2 million loss for the full year e

May 05, 2025
Companies
Diaspora Capital Fuels Property Market Resurgence, Says Tigere REIT

Tigere, a distinguished Zimbabwe Stock Exchange (ZSE)–listed real estate investment trust (REIT), has flagged that Zimbabwe’s property market is experiencing a strong resurgence. In its trading updat

Oct 06, 2025
Zimbabwe
Zimbabwe Records 46% Surge in Irrigated Land to 221k Hectares

Zimbabwe has recorded a 46% increase in irrigated land from 151,000 hectares in 2019 to 221,000 hectares in 2025 in a landmark stride toward climate resilience and national food security according to

Oct 31, 2025
Zambia
Revenue Down, Losses Doubled: Puma's Results Expose Hidden Cost of a Stronger Kwacha

Puma Energy Zambia, the country's listed downstream fuel distributor and one of the most recognisable names at the Zambian pump, has reported full year results for 2025 that lay bare a business under

Mar 15, 2026
Zambia
ZAFFICO Grows Revenue 39%, Cash Rises 10 Folds Despite Profit Decline

The Zambia Forestry and Forest Industries Corporation has seen a headline profit decline of 30%, from ZMW 738 million to ZMW 514 million for the year ended 31 December 2025 due to lower fair value gai

Mar 17, 2026

Top Stories

ZB Financials Remains Profitable, Bad Loans Surge 518% to ZWG853m

ZB Financial Holdings has reported profit after tax of ZWG679 million for the year ended 31 December 2025, against a restated ZWG1.042 billion in 2024, a 35% decline that frames these results as a dis

9 hours ago

Currency Switch Costs TN CyberTech Bank ZWG61m in Hidden Earnings

TN CyberTech Bank Limited, the institution that spent decades as TN Bank, then Steward Bank, before shedding both identities in 2025 has reported a profit after tax of ZWG129 million for the ten month

10 hours ago

First Mutual Properties Holds $136m in Assets: ZSE Values it at $46m

Zimbabwe's largest listed property company is considering walking away from its own stock exchange, largely due to undervaluation by the Zimbabwe Stock Exchange, and the 2025 financials explain precis

10 hours ago

First Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work

First Mutual Holdings, Zimbabwe's largest listed insurer, has  posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati

11 hours ago

Masimba Grows Revenue 10%, But Earns Less on Every Dollar

Masimba Holdings, the ZSE-listed civil engineering and contracting group entering its 75th year, posted revenue of ZWG1.6 billion for the year ended 31 December 2025, a clean 9.6% advance on the prior

12 hours ago

Most Expensive Fuel in Africa: Why the Middle East Is Only Part of the Story

Harare-Effective 2 April 2026, ZERA set diesel at US$2.11 per litre and petrol blend E5 at US$2.23, citing a 33.16% rise in the diesel FOB price since the last review as a direct consequence of the Ir

Apr 10, 2026

The Cotton Revolution: Govt Slashes Agric Levies 75% In Sweeping Regulatory Overhaul

Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion has announced one of the most comprehensive regulatory reform packages the agricultural sector has seen in years, with Cab

Apr 10, 2026

Tigere REIT Leads Peers with Doubled Q1 Net Property Income, Four Yield Accretive Acquisitions Planned for 2026

Tigere Real Estate Investment Trust has once again set the pace among Zimbabwe's listed REITs, delivering a standout first quarter performance that reflects its dominance over smaller and newer peers

Apr 09, 2026