Seed Co Limited, Zimbabwe's largest seed company, has started the 2025 fiscal year on a positive note, reporting increased sales volumes, revenue, and operating profit in its first quarter. This enco

aledonia Mining Corporation, the second-largest gold producer, has reported a record gold output of 20,773 ounces (648 kg) during the second quarter ended June 30, 2024. This has taken the company's

OK Zimbabwe, a leading retail group in the country, has reported a mixed bag of results for the first quarter to FY25 ended 30 June 2024 with high volumes but less profit. OK Zimbabwe sold significan

First Capital Bank's loans to customers in HY24 increased to ZWG1.3 billion (US$94.7 million) from ZWG1.2 billion (US$86.1 million) at the end of 2023, reflecting a growth rate of 11.2%. This positiv

ZB Financial Holdings has reported a challenging half-year ended 30 June 2024, marked by significant declines in its financial performance. The group recorded a 59% drop in after-tax profit (PAT), fa

In a strategic move to adapt to market challenges, National Tyre Service (NTS) has shifted its focus to personal selling following the closure of four retail outlets at the beginning of the financial

CBZ Holdings experienced a significant contraction in net profitability during the half-year ended June 30, 2024, as total revenue income and tax liabilities escalated substantially. The group's prof

NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following

Rising power costs and non-claimable VAT have eroded National Foods' financial gains, highlighting the devastating impact of policy inaction on businesses and low-income households. The company vows t

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

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.

British American Tobacco Zimbabwe, a prominent manufacturer and distributor of tobacco products, has sustained its comprehensive cost reduction initiative aimed at optimizing operational efficiency an

British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company

Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th