Search results for 'Malawi'
World
African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead

In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar

Apr 04, 2023
World
A Tale of Financial Woes: Seed Co’s FY Profit More than Halve

Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign

Jul 04, 2023
Companies
Regional Challenges Weigh on Axia's Q1 FY25 Performance

Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf

Nov 18, 2024
Companies
Distribution Group Africa Set to Restructure and Realign Performance with Revenues

Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig

Mar 24, 2025
Companies
Insurance Service Growth, Malawi Investments Lift Fidelity Life’s H1 Profit

Diversified ZSE-3listed insurer Fidelity Life Assurance of Zimbabwe (FLA) has posted a 14% increase in after-tax profit of USD6.0 million for the six months ended 30 June 2025 from  from USD5.2 millio

Sep 19, 2025

Top Stories

Zimbabwe's White Gold Sector: New Records, Policing and Outlook

Zimbabwe's lithium industry (white gold) delivered a stellar performance in 2025, with sales volumes reaching 1.52 million (1,522,893.93) metric tonnes and generating US$571.6 million in revenue, surp

5 hours ago

Zimbabwe Secures 500MW Solar Flagship Under 10GW Africa Platform

Zimbabwe is set to host a flagship project of a new multi-gigawatt African renewable energy platform spearheaded by INOX Clean Energy, RJ Corp and SkyPower, marking one of the most consequential priva

6 hours ago

Sibanye Projects 30% Production Decline, Writes Down Mimosa by US$28.74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

10 hours ago

Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits

In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro

1 day ago

Greenfields Feeds the Bottom Line: Food and Entertainment Are Rewriting Zimbabwe's Retail Story

Tigere's entire portfolio operates on US dollar leases, which insulates its rental income from local currency fluctuation and provides investors with predictable returns. For the 2025 financial year,

1 day ago

Sibanye Projects Production Decline, Writes Down Mimosa by US$28,74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

1 day ago

Sibanye-Stillwater Reinstates R3.7bn Dividend Payments After 3-Year Hiatus

Sibanye-Stillwater, the diversified South African mining giant, reinstated its dividend payments after a three-year hiatus on 20 February 2026, buoyed by a 281% surge in headline earnings per share (H

1 day ago

Anglo American Seals Teck Resources Merger Deal, Net Debt Falls

Anglo American marked 2025 as a transformational year by advancing its portfolio simplification and securing a landmark merger agreement with Teck Resources to create Anglo Teck, a global critical min

1 day ago