Search results for 'Westprop'
Companies
WestProp Prevails in Pomona Ownership Dispute

WestProp Holdings Limited, an entity listed on the Victoria Falls Stock Exchange (VFEX), has maintained ownership of Stand 654 Pomona Township. This outcome follows a Supreme Court appeal case initiat

Sep 18, 2023
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph

Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok

Jun 11, 2024
Companies
Pomona City Drives Westprop's Q3 Robust Performance

WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11%  to its year-to-date revenue in a trading update for the period ended 30 Sept

Nov 20, 2024
Companies
Westprop Remains Profitable in FY 2024 Despite 54% Net Profit Dip

WestProp Holdings, a prominent real estate company listed on the Victoria Falls Stock Exchange (VFEX) has recorded 54% decline in profit to US$18.26 million  for the full year ended 31 December 2024 f

May 12, 2025
Companies
ZECO’s  Occupancy Rate Slumps to 47%  in Q1: Anticipates Recovery Just Like All Laggards

Zeco Holdings, a perennial loss maker has seen yet another sluggish start to FY2025 with occupancy rate declining, despite a shift to real estate in 2022. Despite the sector offering solace to investo

May 16, 2025
Companies
Willdale’s Q3 Sales Slump Echoes Beta Bricks' Struggles, WestProp’s Entry Signals Fierce Competition

Willdale Limited, Zimbabwe’s only listed brick manufacturer, is grappling with significant challenges in its core brick-making business while pinning its hopes on a property investment strategy to dr

Aug 19, 2025
Zimbabwe
Public Service Pension Fund Bets on Real Estate to Shield Members from Market Volatility

The Public Service Pension Fund (PSPF), an arm of the Zimbabwean government that manages retirement savings and pension benefits for public sector employees, is significantly expanding its property po

Sep 25, 2025
Companies
Willdale Bets on Property to Survive Brutal 2025 Brick Market Collapse

Willdale Limited, a Zimbabwean brick manufacturer, has found  itself in a precarious financial position following a challenging fiscal year ended September 30, 2025, marked by a sharp revenue decline

Dec 31, 2025
Companies
WestProp's Profit Falls 26% in 2025: But Records Strongest Underlying Business Ever

Harare- WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed real estate developer whose portfolio spans Pomona City, Pokugara Residential Estate, Millennium Heights, and the under-dev

Apr 08, 2026
Companies
WestProp’s 80% Revenue Jump Faces Profit Conversion Test: Tax Consumes Half of Incremental Profit

WestProp Holdings Limited has reported revenue of USD 8.06 million for the first quarter ended 31 March 2026, an 80.2% increase on the USD 4.47 million recorded in Q1 2025, with net profit reaching US

May 18, 2026
Companies
Delta’s Sugar Tax Bill Reaches US$7.3 Million in Three Months

Delta Corporation accrued US$7.3 million in sugar tax across its affected non alcoholic beverage categories during the quarter ended 30 June 2026, placing the levy near the annual pace recorded in the

Jul 30, 2026

Top Stories

VFEX Becomes ZSE Holdings’ Profit Engine, Delivers 75% Operating Profit

Victoria Falls Stock Exchange (VFEX) has become the principal earnings engine inside Zimbabwe Stock Exchange Holdings, with the USD-denominated market generating almost three-quarters of group operati

5 hours ago

Banks Split on Where to Put Deposits as Credit Shifts Toward Trade, Mining and Agriculture

Zimbabwe’s banks are entering H2 2026 with more deposits available for lending, but their interim results show that the allocation of that liquidity is becoming increasingly selective, and that the ri

5 hours ago

Old Mutual Cuts Client Cash Outflow by R7bn in First Half

Old Mutual reduced the amount of client money leaving the group by R7.00 billion during the half year ended 30 June 2026, cutting its net client cash outflow from R10.13 billion to R3.13 billion. The

6 hours ago

Balance Sheet Illusion: Growing Deposits Mask Credit Quality Deterioration in Zimbabwe’s Banking Sector

Zimbabwe’s banking system entered the second half of 2026 with substantially larger balance sheets, but the H1 results show that the widening performance divide now extends beyond profitability into t

7 hours ago

Machiavelli’s Politics of No Second Chance: How Court Closures, Treason Charges Threaten Zambia’s Mining Boom

Hakainde Hichilema enters his second term with the numerical strength of a decisive electoral victory and a political dispute that should have been comparatively easy to settle. He was officially decl

9 hours ago

POSB Profit Falls 42%, Fee Squeeze Outruns 37% Deposit Growth

People’s Own Savings Bank has expanded its balance sheet aggressively during the first half of 2026, but the additional deposits and lending have yet to replace earnings lost as regulatory measures c

10 hours ago

Zimbabwe’s Mineral Leakages Shift from Border Smuggling to Under-Declaration and Fake Invoices

The Minerals Marketing Corporation of Zimbabwe has recorded 18 suspected mineral smuggling and irregular-movement cases between January and August 2026 involving about 2,654 tonnes of minerals and scr

1 day ago

Weekly Currency Update: ZiG Enters September Stable as Tight Money, FX Buffers Contain Pressure

The Zimbabwe Gold opened on 31 August 2026, the last day of the month at ZiG26.6640 per US dollar, giving back part of the appreciation recorded during the previous week after closing Friday at ZiG26.

1 day ago