Search results for 'liquidity constraints'
Zimbabwe
Cottco Holdings: Navigating Change and Pursuing a Path to Revival

Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This

Feb 08, 2024
Companies
Nampak to Leverage on Cost Cutting After a Subpar Quarter

n a challenging economic landscape marked by volatile exchange rates, power outages, and ongoing liquidity constraints, Nampak Zimbabwe, a leading packaging firm says it will leverage on cost containm

Aug 15, 2024
Companies
ART Holdings Reports Depressed Q1 Performance with Volumes, Revenue Declining: Explores Opportunities in Hygiene Segment

ART Holdings has reported a challenging first quarter for the three months ended December 31, 2024, with both sales volumes and revenue experiencing significant declines. Sales volumes decreased by 13

Feb 18, 2025
Companies
OK Zimbabwe Seeks $30 Million to Tackle Stockouts, Debt

OK Zimbabwe Limited, the country’s largest retail operator by store count, is seeking to raise up to US$30 million to stabilize its finances amid a brutal operating environment that has pushed it to c

Apr 02, 2025

Top Stories

BAT Q1 Results: Hopeful Outlook Despite Sluggish Start

British American Tobacco (BAT) Zimbabwe, a prominent player listed on the Zimbabwe Stock Exchange (ZSE), kicked off fiscal year 2025 with a sluggish performance in the first quarter. The company repor

44 minutes ago

ZECO’s  Occupancy Rate Slumps to 47%  in Q1: Anticipates Recovery Just Like All Laggards

Zeco Holdings, a perennial loss maker has seen yet another sluggish start to FY2025 with occupancy rate declining, despite a shift to real estate in 2022. Despite the sector offering solace to investo

3 hours ago

Turnall’s Production Declines in Q1 25, Plans Resizing for Efficiency

Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has reported a 18% decline in production for the first quarter of 2025, producing 7,357 tonn

1 day ago

FBC Holdings Starts 2025 on Firmer Note, Loan Base Surpasses 9 Billion

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

1 day ago

Independent Retailers Fuel Afdis’s FY 2025 Sales Volumes Growth

The Zimbabwe Stock Exchange-listed wine and spirits manufacturer, African Distillers (Afdis), has recorded a 15% volume growth for the financial year ended 31 March 2025, according to its latest finan

1 day ago

ZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

1 day ago

New Leasing at Pomona Commercial Centre Drives Mash Holdings Q1 Revenue to US$2 Million

Mash Holdings , a leading real estate investment and development company  has recorded a 24% increase in revenue to US$1.7 million for the first quarter ended 31 March 2025 from US$1.4 million  in the

1 day ago

Dairibord’s Exports Surge 36% in Q1, USD Dominate Sales at 95%

Largest milk processor, Dairibord Zimbabwe Limited’s export performance in Q1 2025 shone brightly, with a 36% year-on-year surge, underpinned by an 8% increase in raw milk intake to 9.95 million liter

May 14, 2025