Search results for 'FY2025'
Companies
National Foods Defy Odds: Earns Over US$100M Revenue in Just 3 Months, Despite Changes in VAT, Power Woes
National Foods, the country's leading food producer, achieved a remarkable milestone, surpassing the US$100 million mark in just three months of FY2025 (Q1), despite challenges posed by power outages
Nov 19, 2024
Companies
Simbisa Brands Energy Costs More Than Double in Q1, But New Store Openings Cushion the Blow
Simbisa Brands, the leading quick-service restaurant (QSR) operator in Zimbabwe, reported a significant rise in energy expenditures, which more than doubled year-over-year (YoY) in Q1 FY2025. This up
Nov 25, 2024
Companies
Caledonia’s FY2024 Gold Production Meets Analyst Expectations, Cut FY2025 Guidance Despite Circa US$50 Million Capex fro 2025
Caledonia Mining Corporation's FY2024 output of 76,656 ounces has fallen within analyst expectations, amidst a significant capital expenditure program of approximately $41.8 million earmarked for 2025
Jan 14, 2025
Companies
Unifreight Projects US$32 Million Turnover for FY2025, Betting on Cross-Border, 4PL Units
Unifreight Africa is projecting a FY2025 top line of US$32 million building on its latest investments in Fourth-Party Logistics (4PL) and Cross Border Units which came online barely 12 months having l
May 27, 2025
Companies
OK Zim Cuts Overheads 44% in FY'25, Set for Recovery as Retail Reforms Take Hold
OK Zimbabwe, the last standing retail giant in a landscape littered with the corpses of departed chains, has slashed overhead costs to US$58.7 million, a 43.91% plunge from the prior year, through su
Nov 12, 2025
Companies
Nampak's Volumes Down 5%, Cash Up 264% as Balance Sheet Strengthens in Tough Year
Nampak Zimbabwe, the country’s dominant packaging manufacturer, delivered a classic tale of top-line pressure and bottom-line resilience for the financial year ended 30 September 2025. Group sales vol
Dec 09, 2025
Companies
Karo Mining’s Loss Narrows 13% in FY2025 , Platinum Recovery Breathes Life Into Long-Delayed Project
Karo Mining Holdings Plc, the Victoria Falls Stock Exchange (VFEX)-listed mining investment company developing the Karo Platinum Project in Zimbabwe, narrowed its annual loss in the year ended 30 Sept
Jan 05, 2026
Companies
Nedbank Hits Historic 8 Million Client Milestone in 2025, Eyes 66% Stake in NCBA Group
Nedbank Group, one of South Africa's four major banks, has achieved a historic milestone by reaching 8 million clients for the first time in its nearly 140-year history according to the latest circula
Mar 03, 2026
Companies
Revenue Up 75%, Cash Down 99%: Unifreight's FY2025 Results and Working Capital Crisis
Unifreight Africa Limited, the Zimbabwe Stock Exchange-listed road transport and logistics group formerly known as Pioneer Corporation Africa which operates a fleet-intensive road transport business
Apr 02, 2026
Companies
The Turnaround That Isn't: ZECO's Profit Rests on Income Auditors Flagged Misstated
ZECO Holdings Limited's FY2025 financial statements has presented a company in transition, from loss to profit, from contraction to modest revenue growth, from strategic uncertainty to a new directio
Apr 02, 2026
Companies
BAT’s Profit Surge Against Revenue Decline: A 582% Earnings Jump With Nothing to Do With Selling Cigarettes
BAT Zimbabwe has posted one of the most spectacular profit numbers in Zimbabwe's FY2025 earnings season, and probably, one of the most misleading according to its FY2025 financial results. The group
Apr 05, 2026
Zimbabwe
A Historic First: Zimbabwe Confirms Highest Maize Harvest in National History
Zimbabwe's maize harvest has risen from 2,341,857 metric tonnes presented during the 16th Post-Cabinet Briefing to 2,824,110 metric tonnes confirmed at the 18th Post-Cabinet Briefing on 9 June 2026, a
Jun 10, 2026
Top Stories
Zimbabwe Completes 143 Projects as Energy and Lithium Capacity Anchor First 100-Day Cycle
Zimbabwe has completed 143 of 242 projects in its First 100-Day Cycle of 2026, covering the period 9 February to 19 May 2026, with the remaining 99 described in the End of Cycle Report as nearing comp
Jun 17, 2026A Turning Point for Zimbabwe’s Fertiliser Sector: Inside Broxmen’s US$500 Million Investment
hinese investor Broxmen Industrial Park, also known as Broxmen Investments and operator of the Sunny Yifeng tile manufacturing plant in Norton, is set to invest US$500 million in the development of a
Jun 16, 2026Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
Jun 16, 2026Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
Jun 16, 2026
