Search results for 'profit decline'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Zambia
Growing Faster, Earning Less: Bata's Revenue Surge Masks Profit Warning Hidden in Inventory
Zambia Bata Shoe Company PLC, the country's oldest and most recognisable footwear manufacturer and retailer, has reported full year results for 2025 that present one of the more instructive paradoxes
Mar 16, 2026
Zimbabwe
Kansanshi’s Copper Output Hits Record High, as CAFCA Builds Regional Manufacturing Reach
Kansanshi Mining has produced 170,929 tonnes of copper in 2025, its highest annual output since 2021 and above First Quantum's revised guidance range of 165,000 to 175,000 tonnes, and within First Qua
Jul 16, 2026
Top Stories
RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
1 day agoBuilding Hotels Without Building Hotels: How RTG Is Turning Existing Assets Into Its Next Growth Engine
Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev
1 day agoZimbabwe Quietly Rewrites Its Growth Model: Why Treasury Is Designing The Economy For Resilience Instead Of Recovery
Zimbabwe's Mid Term Budget Review and the 2027 Budget Strategy Paper reveal a policy shift that is larger than the headline numbers on growth, inflation or revenue. Together they show Government movin
2 days ago
