Search results for 'Q1 Results'
Companies
National Foods Defy Odds: Earns Over US$100M Revenue in Just 3 Months, Despite Changes in VAT, Power Woes
National Foods, the country's leading food producer, achieved a remarkable milestone, surpassing the US$100 million mark in just three months of FY2025 (Q1), despite challenges posed by power outages
Nov 19, 2024
Companies
Rising Copper Prices, Strategic Pivot to Aluminium: Analysing CAFCA’s Strategic Shift
The surge in global copper prices, while often interpreted as a positive indicator for mining-heavy economies, presents a significant cost burden for manufacturers like CAFCA, which rely heavily on co
Mar 14, 2025
Companies
Unifreight Projects US$32 Million Turnover for FY2025, Betting on Cross-Border, 4PL Units
Unifreight Africa is projecting a FY2025 top line of US$32 million building on its latest investments in Fourth-Party Logistics (4PL) and Cross Border Units which came online barely 12 months having l
May 27, 2025
Companies
NMB vs First Capital: What Q1 Results Reveal About Two Different Banking Strategies
NMB Holdings, has reported profit after tax of USD 8.34 million for the first quarter ended 31 March 2026, against USD 2.52 million in Q1 2025, a 231% increase according to the latest trading update.
May 21, 2026
Companies
Zimbabwe's Bigest Bank Profit Falls 33% as Fee Income Model Comes Under RBZ Pressure
CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro
May 25, 2026
Top Stories
Padenga Controls a Fifth of Large Scale Gold, Mutapa Takes the Lead and Caledonia Slips
Padenga Holdings has consolidated its position among Zimbabwe's largest gold producers after selling 2.18 tonnes during the nine months ended September 2026, equivalent to approximately 21.6% of the c
5 hours agoFBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
18 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
18 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
18 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
19 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
1 day agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
1 day agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026