Search results for 'Building Materials'
Companies
High Operating Costs Weigh on Willdale Operations, Despite Macro Challenges

Willdale Limited, a prominent manufacturer and marketer of clay brick products within the Zimbabwean building and construction sector, has reported a weaker financial performance for the half-year per

Jul 02, 2024
Companies
Turnall Holdings Announces Resignation of Managing Director

Turnall Holdings Limited has announced the resignation of John Mkushi from his position as Managing Director, effective August 1, 2024. Mkushi had previously served as the Managing Director and then

Jul 25, 2024
Companies
Willdale Grapples with Depressed Q3 Performance Amid Load-Shedding, Fierce Competition

Leading bricks manufacturer, Willdale Limited Zimbabwe, has posted a depressed Q3 performance for the third quarter ended 30 June 2024, owing to intensive load-shedding and low working capital. The c

Aug 14, 2024
Companies
West Prop to Commission Key New Facilities by Year End, Declares Dividend

West Properties (West Prop), a leading real estate company, expects to commission an aluminium and glass fabrication plant and a brick manufacturing facility before the end of 2024. This move will ins

Oct 09, 2024
Companies
CAPEX Jumps Over 2000% to $2M: Turnall Bets on New Investments

Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus

Oct 15, 2024
Companies
Turnall Commissions New Fibre-Cement Plant, Swings to Positive Operating Cash Flow

Turnall Holdings Limited has commissioned a new fibre-cement sheeting plant in Harare, successfully bringing the facility into commercial operation on 15 March 2026, in what the company describes as a

May 17, 2026
Zimbabwe
Zimbabwe’s Cement Industry: What Record Cement Imports Tell Us About the Economy

Zimbabwe's monthly Portland cement import bill reached USD 12.02 million in April 2026, the highest single monthly value recorded in the sixty-four months dataset running from January 2021 through Apr

Jun 09, 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

Zambia's Green Pivot: Unpacking Chisamba’s Ambitious Milestone

Zambia commissioned the 100MW second phase of the Chisamba Solar Power Plant on 21 July 2026, doubling installed capacity at the Central Province site to 200MW and creating the country’s largest solar

9 hours ago

From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale

Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one.  The 2025/26 summer season pro

14 hours ago

Zimbabwe’s Lithium Rail Service Intensifies Regional Port Competition

The National Railways of Zimbabwe, Beitbridge Bulawayo Railway and logistics company Silvergill have transported the first 1,000 tonnes of lithium concentrate from Tsingshan Holding Group’s Gwanda Lit

14 hours ago

Competition Watchdog Flags Exchange Deals as Dairibord Sale Looms

The Competition and Tariff Commission has warned investors, listed companies, stockbrokers and corporate advisers that acquisitions through the Zimbabwe Stock Exchange and Victoria Falls Stock Exchan

14 hours ago

Zimbabwe 2026 Tobacco Marketing Season Nears Close With 400 Million Kilogram Target Unmet

The Tobacco Industry and Marketing Board will close Zimbabwe’s 2026 auction tobacco floors on Friday, 31 July, after cumulative national sales reached 354.10 million kilograms by selling day 95 on 20

15 hours ago

Prospect Resources Extends High-Grade Copper at Nyungu Central in Zambia

Prospect Resources has extended high grade copper mineralisation beyond the current Mineral Resource Estimate at its flagship Nyungu Central deposit in Zambia after step out drilling intersected 44 me

1 day ago

Zimbabwe’s Gold Windfall Narrows as Fidelity Price Falls 25% From January Peak

Zimbabwe’s official Fire Assay cash buying price decreased 25.3% to US$3,764.15 per ounce on 21 July 2026 from a 2026 peak of US$5,041.57 per ounce on 29 January, reducing the revenue generated from e

1 day ago

Eureka Gold Mine Commissions First
5.4MW of 16.4MW Solar Plant

Eureka Gold Mine, a subsidiary of Padenga Holdings' Dallaglio Investments has commissioned the first 5.4MW phase of a planned 16.4MW solar power plant after investing about US$4.5 million according to

1 day ago