Search results for 'Turnaround'
Companies
First Mutual Properties Swings to US$1.4m Profit in HY25, Erases US$60m Loss
First Mutual Properties Limited (FMP), the Zimbabwe Stock Exchange–listed real estate investment and development group, has achieved one of the sharpest earnings reversals on the bourse, swinging from
Sep 23, 2025
Companies
OK Zimbabwe Market Update: Revenue Remains Below Break-Even, 3 More Stores to Close
Retail giant OK Zimbabwe Limited has released a crucial market update, providing shareholders and stakeholders with a transparent view of its ongoing battle to return to financial health. Following ca
Nov 21, 2025
Zambia
Zambian Breweries Stages Dramatic Turnaround with US$15.1 Million Profit Amid Regional Beverage Boom
ambian Breweries Plc has delivered a remarkable full-year recovery, posting a consolidated net profit of ZMW 294.769 million (≈US$15.1 million) for the year to December 2025, reversing a substantial Z
Mar 12, 2026
Companies
MBZ's Profit Turnaround Amidst Qualified Audit Opinion: A ZWG248Mn Prior Period Error Reshapes 2024 Numbers
NMBZ Holdings Limited has swung from a restated loss of ZWG205 million in 2024 to a profit after tax of ZWG251 million in FY2025, a turnaround that looks decisive until the audit opinion is read caref
Apr 07, 2026
Top Stories
Zimbabwe Records First Sustained Single-Digit ZiG Inflation in Three Decades as Q1 2026 Data Confirms Monetary Consolidation
In its Q1 2026 Quarterly Snapshot published in April 2026, confirmed that ZiG annual inflation reached 4.4% in March 2026 and 3.8% in February 2026, supported by month-on-month inflation of 0.5% in M
6 hours agoIMF Warns of Stagflation Trap in Emerging Markets as Limited Middle East Conflict Tests Policy Limits
The International Monetary Fund (IMF), has uncovered a overlooked risk in its latest global outlook, a stagflationary trap that could grip emerging markets and developing economies far more severely t
1 day agoZimbabwe 4th in SADC for Organised Crime Vulnerability, Yet Relatively Safer Continent-Wide
Zimbabwe has recorded its sharpest quarterly jump in police-reported crime in 2025, with 426,946 offences logged between October and December, a 12.1% increase from the 380,727 cases in the third quar
1 day ago
