Search results for 'Pomona City'
Companies
WestProp Prevails in Pomona Ownership Dispute

WestProp Holdings Limited, an entity listed on the Victoria Falls Stock Exchange (VFEX), has maintained ownership of Stand 654 Pomona Township. This outcome follows a Supreme Court appeal case initiat

Sep 18, 2023
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph

Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok

Jun 11, 2024
Companies
West Prop to Commission Key New Facilities by Year End, Declares Dividend

West Properties (West Prop), a leading real estate company, expects to commission an aluminium and glass fabrication plant and a brick manufacturing facility before the end of 2024. This move will ins

Oct 09, 2024
Companies
Pomona City Drives Westprop's Q3 Robust Performance

WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11%  to its year-to-date revenue in a trading update for the period ended 30 Sept

Nov 20, 2024
Companies
Westprop Remains Profitable in FY 2024 Despite 54% Net Profit Dip

WestProp Holdings, a prominent real estate company listed on the Victoria Falls Stock Exchange (VFEX) has recorded 54% decline in profit to US$18.26 million  for the full year ended 31 December 2024 f

May 12, 2025
Companies
WestProp Completes Glass-Aluminium and Brick Plants: Key Developments on Track for 2025 Completion

est Properties (West Prop), a leading real estate development company specialising in residential estates, commercial properties, and innovative construction solutions, has commissioned its state-of-t

May 12, 2025
Companies
WestProp's Profit Falls 26% in 2025: But Records Strongest Underlying Business Ever

Harare- WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed real estate developer whose portfolio spans Pomona City, Pokugara Residential Estate, Millennium Heights, and the under-dev

Apr 08, 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
Companies
WestProp’s Pomona Share Swap Widens Minority Ownership, Keeps Alpha in Control

WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed property developer, received valid acceptances covering 427,389 Alpha Holdings Africa shares under its minority exit offer, represen

Oct 16, 2026
Companies
WestProp Retains US$110 Million Property Portfolio Following Pomona Landbank Separation

WestProp Holdings has completed its corporate reconstruction, retaining an estimated US$110.2 million in assets on the Victoria Falls Stock Exchange following the transfer of its 161.51 hectare Pomona

Nov 09, 2026

Top Stories

Zimbabwe’s IMF Review Reveals a US$193 Million Social Spending Gap

The IMF projects 2027 revenue at US$12.5 billion and expenditure of US$12.4 billion, with a cash primary surplus of approximately US$397 million needed for scheduled debt service. The Budget will ther

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UK Opens Audit Market to Zimbabwe as Landmark Agreement Recognises Local Qualifications

Zimbabwean auditors have secured a new pathway into the United Kingdom's professional services market following a mutual recognition agreement between the two countries' audit regulators. The developm

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Government Proposes New E-Hailing Rules as Driver Requirements Tighten

Zimbabwe’s proposed regulations for ride-hailing platforms such as inDrive could reshape the economics of urban transport by restricting driver eligibility, increasing operating costs and introducing

13 hours ago

NSSA Raises Pensions, but How Does Zimbabwe Compare Across Africa?

Zimbabwe's National Social Security Authority (NSSA) has raised its minimum monthly retirement pension to US$90, bringing the annual income of a beneficiary receiving the minimum to US$1,080. The adju

20 hours ago

NSSA's 8.5% Dairibord Purchase Reshapes Varun's Acquisition Plans

Dairibord's board should prioritise clarification of the revised shareholding structure and the status of the proposed transaction. Investors require accurate information about the ownership interests

1 day ago

OK Zimbabwe Shareholders Approve ZSE Exit, US$20 Million Recapitalisation Fails to Prevent Corporate Rescue

OK Zimbabwe shareholders have approved the retailer's withdrawal from the Zimbabwe Stock Exchange (ZSE), approximately 16 months after authorising a US$20 million capital raise intended to restore its

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Over Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing

Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci

1 day ago

Turnall Sales Outpace Production by 60%, Fibre Shortage Cuts Gross Margin to 15%

Turnall Holdings sold approximately 60% more building materials than it produced during the third quarter of 2026, as a fibre supply disruption reduced factory output by 34% and compressed its gross p

1 day ago