Search results for 'INVESTMENT'
Zimbabwe
Zimbabwe’s Dairy Recovery Accelerates as Local Production Moves Towards Self-Sufficiency
Zimbabwe’s dairy industry is entering a stronger recovery phase, with commercial milk production rising steadily after years of contraction and creating the possibility of reducing the country’s depe
Sep 24, 2026
Companies
CABS Signs US$30m BII Partnership to Finance Zimbabwe’s Agriculture and Food Exporters
CABS has signed a US$30 million financing partnership with British International Investment (BII) to expand lending to Zimbabwe’s productive sectors, creating an additional source of foreign currency
Sep 24, 2026
World
British International Investment’s US$50 Million Return Reshapes Zimbabwe’s Productive Finance
British International Investment’s US$50 million commitment through CABS and NMB Bank places long-term foreign development capital back into the part of Zimbabwe’s economy where financing constraints
Sep 28, 2026
Companies
Renco Set for Sale at US$35 Million, RioZim’s Last Standing Functional Gold Asset
RioZim has put Renco Mine up for sale for at least US$35 million, opening a new phase in the mining group’s turnaround as it seeks to reduce debt, strengthen working capital and concentrate its limit
Sep 28, 2026
Companies
PPC Leans On Zimbabwe: 3% Volume Growth Anchors Group Amid SA, Botswana Slump
PPC sold 3% more cement in Zimbabwe in the five months to August 2026, supported by demand from industrial and retail customers. Volumes across its South African and Botswana operations fell 8%, givin
Sep 29, 2026
Zimbabwe
Why 7,876MW of Licensed Power Projects Has Not Closed Zimbabwe’s Electricity Gap
Centragrid, an independent power producer that runs a utility-scale solar plant at Nyabira in Mashonaland West, told the Zimbabwe Economic Development Conference (ZEDCON) that high interest rates, leg
Oct 02, 2026
Companies
WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Oct 05, 2026
Zimbabwe
Mutapa’s US$100m Darwendale Restart Reworks a Project Stalled by Financing , Sanctions
Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is
Oct 06, 2026
Companies
Fidelity Life’s Insurance Service Swings Into Loss as Investments Carry Earnings
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Oct 08, 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
