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

Top Stories

BAT Q1 Results: Hopeful Outlook Despite Sluggish Start

British American Tobacco (BAT) Zimbabwe, a prominent player listed on the Zimbabwe Stock Exchange (ZSE), kicked off fiscal year 2025 with a sluggish performance in the first quarter. The company repor

1 hour ago

ZECO’s  Occupancy Rate Slumps to 47%  in Q1: Anticipates Recovery Just Like All Laggards

Zeco Holdings, a perennial loss maker has seen yet another sluggish start to FY2025 with occupancy rate declining, despite a shift to real estate in 2022. Despite the sector offering solace to investo

4 hours ago

Turnall’s Production Declines in Q1 25, Plans Resizing for Efficiency

Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has reported a 18% decline in production for the first quarter of 2025, producing 7,357 tonn

1 day ago

FBC Holdings Starts 2025 on Firmer Note, Loan Base Surpasses 9 Billion

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

1 day ago

Independent Retailers Fuel Afdis’s FY 2025 Sales Volumes Growth

The Zimbabwe Stock Exchange-listed wine and spirits manufacturer, African Distillers (Afdis), has recorded a 15% volume growth for the financial year ended 31 March 2025, according to its latest finan

1 day ago

ZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

1 day ago

New Leasing at Pomona Commercial Centre Drives Mash Holdings Q1 Revenue to US$2 Million

Mash Holdings , a leading real estate investment and development company  has recorded a 24% increase in revenue to US$1.7 million for the first quarter ended 31 March 2025 from US$1.4 million  in the

2 days ago

Dairibord’s Exports Surge 36% in Q1, USD Dominate Sales at 95%

Largest milk processor, Dairibord Zimbabwe Limited’s export performance in Q1 2025 shone brightly, with a 36% year-on-year surge, underpinned by an 8% increase in raw milk intake to 9.95 million liter

May 14, 2025