Search results for 'profitability'
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures
Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The
Jan 23, 2025
Companies
Nampak Sustains 1HY Profitability Despite Soft Volumes: Targets Regional Markets for Growth
Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in
Jun 02, 2025
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
Jul 09, 2025
Zambia
Klapton Re Delivers Record Underwriting Performance as Insurance Service Result Surges 81% to ZMW 668 Million on Elite 78% Combined Ratio
Klapton Reinsurance has posted its strongest operational results since inception, with the insurance service result, the clearest measure of core reinsurance profitability under IFRS 17, surging 80.8
Apr 08, 2026
Top Stories
Jobs That Were Never Taken: Over 178k Migrants Leave South Africa, Unemployment Hits 4-Year High
South Africa's unemployment rate has risen to 33.6% in the second quarter of 2026, a four year high, after more than 178,000 African migrants reportedly left or were deported during an immigration cra
1 hour agoGlencore Joins Fight for Sherritt: Sanctions Crisis Puts Canadian Refinery at Centre of Control Battle
A consortium including Glencore has submitted a rival recapitalisation proposal for Sherritt International, opening a contest for control of a financially distressed Canadian nickel and cobalt company
1 day ago
