Search results for 'overhead cuts'
Companies
OK Zim Cuts Overheads 44% in FY'25, Set for Recovery as Retail Reforms Take Hold
OK Zimbabwe, the last standing retail giant in a landscape littered with the corpses of departed chains, has slashed overhead costs to US$58.7 million, a 43.91% plunge from the prior year, through su
Nov 12, 2025
Top Stories
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
Oct 22, 2026Zanaco'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
