Search results for 'profit'
Zambia
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
Jul 15, 2026
Zambia
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
Jul 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
Companies
Star Africa Price Cuts Lift Sugar Volumes 38%, Refinery Capacity Reopens Growth Path
Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re
Aug 17, 2026
Companies
Dairibord’s Capacity Investment Starts Paying Ahead of Potential Control Deal
Dairibord Holdings, Zimbabwe’s biggest milk processor has begun extracting a stronger return from the production capacity built across its factories, with higher throughput now reaching margins and o
Aug 24, 2026
Zimbabwe
Air Zimbabwe’s US$11m Loss Meets Growing Aviation Market: Passenger Growth Raises Return Hurdle on Fleet Renewal
One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un
Aug 26, 2026
Companies
Crown Bank Profit Hits US$3.3m as FBC Rebuilds Acquired Standard Chartered Franchise
Crown Bank generated US$3.3 million in profit before tax during the first half of 2026, up 344.3% year on year, as FBC Holdings rebuilt the former Standard Chartered Zimbabwe franchise following disru
Aug 28, 2026
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Companies
Simbisa Absorbs US$2.1m Fast Food Tax as Zimbabwe Drives 72% of Group Revenue
Simbisa Brands, Zimbabwe’s largest fast food operator and a pan African quick service restaurant group with operations in Zimbabwe, Kenya and Eswatini and franchised outlets across six other African m
Sep 29, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
