Search results for 'shareholders'
Companies
Nampak Sells Majority Stake in Zimbabwe Operations to TSL Limited

Nampak South Africa Limited (Nampak SA), a leading packaging company listed on the Zimbabwe Stock Exchange (ZSE), has finalised an agreement to sell a 51.43% stake in its Zimbabwe operations, Nampak Z

Apr 14, 2025
Companies
Econet Flags “Gross Undervaluation” as Board Eyes Possible "ZSE Delisting"

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

Dec 08, 2025
Companies
FMP Minority Shareholders Offered 3.3c Exit, 65% Below Audited NAV as Delisting Vote Nears

First Mutual Properties Limited is set to delist from the Zimbabwe Stock Exchange on 1 July 2026, with majority shareholder First Mutual Holdings Limited offering minority shareholders US$0.033 per sh

May 11, 2026
Companies
FMP Terminates ZSE Listing, Extends Corporate Exit Cycle

First Mutual Properties Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange effective 2 July 2026, moving a US$140.07 million property platform into an unlisted structure bui

Jul 03, 2026
Companies
Edgars to Delist from VFEX: What Went Wrong with Its Two Year Dollar Market Journey?

Edgars Stores Limited has resolved to pursue a voluntary delisting from the Victoria Falls Stock Exchange barely two years after leaving the Zimbabwe Stock Exchange for the United States dollar denomi

Aug 03, 2026
Companies
WestProp Extends Minority Exit Offer as Restructuring Enters Final Phase

WestProp Holdings has extended the closing date of its minority shareholder exit offer to 9 October 2026 as the property developer moves into the final execution phase of its restructuring. The revise

Oct 06, 2026
Companies
WestProp’s Pomona Share Swap Widens Minority Ownership, Keeps Alpha in Control

WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed property developer, received valid acceptances covering 427,389 Alpha Holdings Africa shares under its minority exit offer, represen

Oct 16, 2026

Top Stories

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

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, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

Cassava Enters World Bank Plan for Affordable African AI

The World Bank Group launched its first digital strategy on 20 October, setting out a financing and policy framework for developing countries to expand affordable connectivity, digital services, skill

Oct 21, 2026

Zanaco'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