Search results for 'Financial Performance'
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
Jul 09, 2025
Companies
CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge
CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba
Nov 13, 2025
Companies
Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
Zambia
Airtel Deploys $107Mn in Network Expansion: 406 New Sites Added, Targets 95% Population Coverage
Airtel Networks Zambia, the country's largest mobile operator by revenue and subscriber base’s full year results for 2025 placed it firmly in the upper tier of sub-Saharan African telecommunications p
Mar 16, 2026
Companies
Joining the Elite Quadrant: Econet Cracks Elusive Billion-Dollar Revenue Ceiling
Econet Wireless Zimbabwe has reported revenue of USD 1.104 billion for the year ended 28 February 2026, a 23% increase from USD 894 million in FY2025 according to its latest FY2026 financial resul
Jun 23, 2026
Zambia
National Breweries Posts First Profit in Years: Real Story Behind the Turnaround
National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r
Jul 16, 2026
Companies
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
Top Stories
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, 2026Zanaco'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
