Search results for 'Profitability'
Companies
Rainbow Tourism Group's Financial Performance Analysis

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

Oct 02, 2024
Companies
BAT’s New Strategic Focus: Cost Optimization to Mitigate Earnings Crunch

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

Nov 05, 2024
Companies
Pathway to Recovery: BAT’s Q3 Under Glance

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

Nov 08, 2024
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

Jan 23, 2025
Markets
Supermarket Recovery, Hospitality Boom Lift Meikles Out of the Red

Meikles Limited showcased a notable recovery in its third quarter ended 30 November 2024, reversing the underperformance seen in the first half of FY2025. This turnaround was driven primarily by impr

Mar 03, 2025
Companies
Nampak Sustains 1HY Profitability Despite Soft Volumes: Targets Regional Markets for Growth

Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in

Jun 02, 2025
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits

Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes

Jul 09, 2025
Companies
Mill Closure Weighs on ART Holding's Q3  2025 Performance

The Amalgamated Regional Trading Holdings Limited (ART Holdings) has temporarily stopped operating its mill, a move that has triggered material closure costs and weighed heavily on the Group’s third-q

Aug 20, 2025

Top Stories

Zimbabwe Gold Investment Conference 2025: Zimbabwe's Golden Data Gap

The presentation by Dr. Godknows Njowa at the Zimbabwe Gold Investment Conference 2025 offers a sobering yet strategically vital analysis of the intersection between mineral reporting, exploration, an

1 day ago

BAT Zimbabwe Volumes Fall 7% as USD Pricing Squeezes Consumer Demand

British American Tobacco Zimbabwe (BAT) , a cigarette maker and distributor has recorded a 7% decline in sales volumes for the nine months to 30 September 2025 according to the latest trading update.

1 day ago

ZECO Rides Zimbabwe’s Stable Currency, Q3  2025 Revenue Surges 82%

ZECO Holdings, the Zimbabwe Stock Exchange-listed engineering and property investment group, nearly doubled its third-quarter revenue to ZWG 1.72 million for the period ended 30 September 2025, a sign

1 day ago

Delta Half-Year Revenue Tops US$514 Million, Eyes Billion-Dollar Milestone

Delta Corporation Limited, Zimbabwe’s largest beverages manufacturer, has crossed the half-billion-dollar revenue mark in the first half of FY2026, recording US$514.2 million for the six months to Sep

Nov 13, 2025

CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge

CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba

Nov 13, 2025

Zimbabwe Records Highest Wheat Harvest in 59 Years, Yet Imports Surge to New Peak

Zimbabwe has announced a record-breaking wheat harvest for the 2025 winter season, reporting a total output of 639,942 metric tonnes according to the Ministry of Lands, Agriculture, Fisheries, Water,

Nov 13, 2025

Zimplats’ Q1 Smelter Failure Triggers 24% Plunge in 6E Output to 143k Ounces, Trapes 12koz in Inventory

Zimplats, Zimbabwe’s leading platinum group metals producer, suffered a 24% quarter-on-quarter plunge in 6E metal in final product to 142,535 ounces for the quarter ended 30 September 2025, driven by

Nov 13, 2025

OK Zim Cuts Overheads 44% in FY'25, Set for Recovery as Retail Reforms Take Hold

OK Zimbabwe, the last standing retail giant in a landscape littered with the corpses of departed chains, has slashed overhead costs to US$58.7 million, a 43.91% plunge from the prior year, through su

Nov 12, 2025