Search results for 'revenue decline'
Companies
African Sun’s Topline Slumps in Q1 as Occupancy Falls to 39%: A Comparison with RTG
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
May 21, 2025
Companies
Nampak’s Q3 Struggles, Financial Analysis: Can Festive Demand Spark FY25 Recovery?
ampak Zimbabwe Limited, the country’s largest packaging firm, reported a challenging third quarter ending 30 June 2025, driven by heightened competition amid growth in informalization and persistent p
Aug 13, 2025
Companies
Zimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously
Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an
Apr 07, 2026
Companies
Willdale Narrows Operating Loss to 1.6 Million, Despite Sales Volumes Falling 50%
Zimbabwe’s biggest listed bricks manufacturer, Willdale Limited has reported an operating loss of ZWG 39.9 million for the half year ended 31 March 2026, equivalent to approximately USD 1.6 million at
Jul 01, 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
Aug 03, 2026
