Search results for 'malawi'
World
African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead

In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar

Apr 04, 2023
World
A Tale of Financial Woes: Seed Co’s FY Profit More than Halve

Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign

Jul 04, 2023
Companies
Regional Challenges Weigh on Axia's Q1 FY25 Performance

Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf

Nov 18, 2024
Companies
Distribution Group Africa Set to Restructure and Realign Performance with Revenues

Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig

Mar 24, 2025
Companies
Insurance Service Growth, Malawi Investments Lift Fidelity Life’s H1 Profit

Diversified ZSE-3listed insurer Fidelity Life Assurance of Zimbabwe (FLA) has posted a 14% increase in after-tax profit of USD6.0 million for the six months ended 30 June 2025 from  from USD5.2 millio

Sep 19, 2025
Zimbabwe
Fuel Price Developments in Zimbabwe Exposes A System in Crisis

Ultimately, the ZiG remains an unreliable store of value and a symbol of the country’s economic mismanagement. If Zimbabwe’s currency had life and the backing it claims, it would have responded to the

Mar 20, 2026
Companies
Fidelity Life Profit Doubles as Funeral Services, Malawi Operations Scale

Fidelity Life Assurance of Zimbabwe, operating under the FLA Group, has reported profit of US$2.95 million for the first quarter ended 31 March 2026, more than doubling from US$1.38 million in the sam

May 15, 2026
Companies
First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale

First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven

May 18, 2026

Top Stories

National Breweries Posts First Profit in Years: Real Story Behind the Turnaround

National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r

1 hour ago

Corporate Zimbabwe Is Falling Behind the AI Productivity Curve

Zimbabwean companies are entering the second half of 2026 with limited artificial intelligence deployment across work, agriculture, healthcare, finance, security and transport, according to the latest

3 hours ago

Karo Platinum Crosses Critical Execution Milestone as Tharisa Deepens Zimbabwe Investment

Tharisa increased capital deployment into Karo during the quarter despite weaker platinum group metal prices, signalling confidence in the project’s long term economics.

14 hours ago

SECZim Expands Into Digital Markets as Securities Levy Income Declines

The Securities and Exchange Commission of Zimbabwe is repositioning itself for a future where capital market growth is driven by digital assets, carbon finance and financial technology as declining se

22 hours ago

Airtel Zambia Delivers 44% Operating Margin, Returns 90% of Earnings as Dividend

Airtel Networks Zambia has reported revenue of ZMW 2,344 million, approximately USD 120.8 million at the confirmed closing rate of ZWM 19.4 per US dollar as at 31 March 2026, for the first quarter end

23 hours ago

Zimbabwe's Internet Traffic Jumps 57% in Q1 2026

Zimbabwe’s digital economy is beginning to consume data much faster than it is adding internet users, forcing telecommunications operators, technology companies and policymakers to redirect investment

1 day ago

ZCCM-Investments Holdings Swings from $1.5 Bn Profit to $110 Mn Loss: The Real Story Behind the Numbers

ZCCM Investment Holdings, Zambia's only listed diversified mining and energy investment company, reported a net loss of ZMW 2.79 billion, equivalent to USD 110.7 million, for the year ended 31 Decembe

1 day ago

New Cement Player Enters Zimbabwe : Shuntai
Sets September 2026 Launch After $200M
Project Build

Shuntai Investments, a Chinese-owned emerging cement producer, plans to begin operations at its integrated Chegutu plant in September 2026 after investing about US$120 million in cement production and

1 day ago