Masimba Holdings has achieved significant milestones in the first half of 2024, despite operating in a tough environment characterized by liquidity constraints and heightened exchange rate volatility.
Oct 14, 2024
This was achieved despite liquidity challenges during the quarter as the government tightened spending in local currency through elevated interest rates which curtailed borrowing. The company was awa
Nov 19, 2024
Construction firm Masimba Holdings, listed on the Zimbabwe Stock Exchange (ZSE), has recorded a 43% decrease in revenue to $8.1 million for the first quarter ended March 31, 2025, from $14.3 million i
May 19, 2025
Masimba Holdings, a Zimbabwe Stock Exchange (ZSE)-listed company providing engineering and infrastructure solutions to the agricultural, commercial, housing, mining, public and water sectors, has reco
Sep 30, 2025
Masimba Holdings, the ZSE-listed civil engineering and contracting group entering its 75th year, posted revenue of ZWG1.6 billion for the year ended 31 December 2025, a clean 9.6% advance on the prior
Apr 13, 2026
Masimba Holdings Limited has reported revenue of USD 8.8 million for the first quarter ended 31 March 2026, a 13% increase from the comparable period of 2025, and profit after tax of USD 453,000, a 12
Jun 05, 2026
Zimbabwe is carrying an electricity constraint estimated by the World Bank at 6.1% of GDP annually, placing power among the largest structural costs still embedded in an economy targeting industrial e
Zimbabwe has earned approximately US$15.95 billion from gold exports between January 2021 and July 2026, establishing the yellow metal as the country's largest identifiable merchandise export by a sub
Zimbabwe's merchandise export boom has pushed mineral concentration to its highest level historically, with identifiable mineral and mineral-linked products accounting for approximately 85.5% of the U
Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years
Kavango Resources has appointed former AngloGold Ashanti executive Jasper Musadaidzwa as Chief Executive Officer and Executive Director with immediate effect as the London and VFEX-listed miner develo
Zimbabwe’s five-year economic expansion is entering a harder phase, with household and government consumption projected to contribute 4.4 percentage points of the country’s 5% economic growth in 2026
Zimbabwe would reach upper-middle-income status around by 2036 under its current economic trajectory, six years after the Government’s Vision 2030 target, according to the World Bank’s latest Country
Zimbabwe’s merchandise exports have risen to US$7.36 billion between January and July 2026 from US$4.75 billion in the comparable period of 2025, adding about US$2.62 billion in foreign currency recei
