Search results for 'Profit Decline'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
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
Sep 20, 2024
Zambia
Growing Faster, Earning Less: Bata's Revenue Surge Masks Profit Warning Hidden in Inventory
Zambia Bata Shoe Company PLC, the country's oldest and most recognisable footwear manufacturer and retailer, has reported full year results for 2025 that present one of the more instructive paradoxes
Mar 16, 2026
Zimbabwe
Kansanshi’s Copper Output Hits Record High, as CAFCA Builds Regional Manufacturing Reach
Kansanshi Mining has produced 170,929 tonnes of copper in 2025, its highest annual output since 2021 and above First Quantum's revised guidance range of 165,000 to 175,000 tonnes, and within First Qua
Jul 16, 2026
Top Stories
After 19 Years, Mhembere Leaves Zimplats With a US$1.8bn Legacy. Segula Inherits the Next Test.
Mhembere joined Zimplats as chief executive on 1 October 2007, after previously leading Mimosa Mining Company. He retires as CEO and executive director of Zimplats Holdings effective 1 November 2026,
Oct 30, 2026Can Zimbabwe's Gold Output Hit 50 Tonnes and Export Earnings Top US$6 Billion After September's Sharp Decline?
Zimbabwe remains within reach of its 50-tonne gold target despite a 7.9% decline in September deliveries, with the industry's stronger production run-rate and elevated export earnings providing a foun
Oct 29, 2026
