Search results for 'Property Market'
Companies
Meikles Limited Expands Property Portfolio

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

Jul 21, 2023
Companies
FBC Holdings Smashes Profit Records

FBC Holdings Limited, a diversified group listed on the Zimbabwe Stock Exchange (ZSE), has achieved an impressive profit after tax (PAT) of ZWL366 billion for the half-year period ended June 30, 2023.

Sep 01, 2023
Companies
Mashonaland Holdings Achieves Record Breaking Profitability

Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), has experienced a record-breaking surge in profit after tax during the first half

Sep 19, 2023
Companies
First Mutual Properties Commits Circa Half Billion for Property Refurbishment

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), invested ZWL445.8 million in enhancing the quality of i

Sep 22, 2023
Companies
The US Dollar Triumph: Tigere’s Revenue Collections Rise to 91% in USD in HY24

igere Property Fund has reported a notable shift in its financial landscape for the half-year ended June 30, 2024, marked by a significant increase in USD revenue collections. According to its latest

Sep 02, 2024
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss

First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a

Sep 25, 2024
Companies
Highland Park Phase 2 Acquisition: Tigere's Blueprint for Q4 Growth

Tigere Property Fund has made a strategic move to bolster its performance in the fourth quarter of the 2024 financial year with the acquisition of Highland Park Phase 2. This addition is expected to

Oct 22, 2024
Companies
Zeco Holdings Sees Revenue Rise to ZWG 1,655 Million, Yet Losses Widen

Zeco Holdings, a perennial loss maker, has capped full year 2024 with a widened loss despite revenue growth, reporting a deficit of ZWG 549,281, up sharply from ZWG 254,334 in 2023. Yet, the company

Apr 11, 2025

Top Stories

Turnall’s Production Declines in Q1 25, Plans Resizing for Efficiency

Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has reported a 18% decline in production for the first quarter of 2025, producing 7,357 tonn

19 hours ago

FBC Holdings Starts 2025 on Firmer Note, Loan Base Surpasses 9 Billion

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

21 hours ago

Independent Retailers Fuel Afdis’s FY 2025 Sales Volumes Growth

The Zimbabwe Stock Exchange-listed wine and spirits manufacturer, African Distillers (Afdis), has recorded a 15% volume growth for the financial year ended 31 March 2025, according to its latest finan

21 hours ago

ZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

22 hours ago

New Leasing at Pomona Commercial Centre Drives Mash Holdings Q1 Revenue to US$2 Million

Mash Holdings , a leading real estate investment and development company  has recorded a 24% increase in revenue to US$1.7 million for the first quarter ended 31 March 2025 from US$1.4 million  in the

1 day ago

Dairibord’s Exports Surge 36% in Q1, USD Dominate Sales at 95%

Largest milk processor, Dairibord Zimbabwe Limited’s export performance in Q1 2025 shone brightly, with a 36% year-on-year surge, underpinned by an 8% increase in raw milk intake to 9.95 million liter

1 day ago

UK Changes Immigration Policy: Ban on Care Home Workers, 10-Year Residency Requirement, Focus on High-Skilled Labour and More

The United Kingdom has introduced a series of stringent immigration reforms through its 2025 Immigration White Paper, aimed at reducing net migration and prioritising high-skilled workers to bolster e

1 day ago

GMB Secures Funds for Wheat Farmers' Payments

The Grain Marketing Board (GMB) has secured USD 5 million and ZWG 15 million this week to settle outstanding wheat payments, pushing total disbursements to USD 28 million and ZWG 230 million, accordin

1 day ago