Search results for 'ZEC'
World
EU Suspends Funding for Zim

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener

Sep 20, 2023
Companies
ZECO Holdings’ Q3 Review: Increased Revenue, Decreased Occupancy

ECO Holdings, a loss-making real estate and property company, has reported a decline in shop occupancy rates during the third quarter ended September 30, 2024, despite achieving moderate revenue growt

Nov 05, 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
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
From Wagons to Rentals: ZECO’s Fragile Half-Year Revival

ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break

Sep 11, 2025
Companies
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

Nov 17, 2025
Companies
The Turnaround That Isn't: ZECO's Profit Rests on Income Auditors Flagged Misstated

ZECO Holdings Limited's FY2025 financial statements has presented a company in transition,  from loss to profit, from contraction to modest revenue growth, from strategic uncertainty to a new directio

Apr 02, 2026
Companies
ZECO’s Occupancy Push Hits Revenue Wall, Q1 Sales Slip

ZECO’s retail property portfolio occupancy rate has rose to 55.88% in the first quarter ended 31 March 2026, up from 46.67% in the corresponding period last year, a 921 basis point improvement. This r

May 19, 2026

Top Stories

Zimbabwe Maize Imports Plunge 43%, Lowest Level Since 2025

Zimbabwe's maize import bill fell sharply in April 2026, dropping to $30.2 million from $53.2 million in March, a decline of roughly 43% in a single month that marks the clearest statistical signal ye

12 hours ago

Gold on the Edge: What World Gold Council’s June Outlook Means for Zimbabwe

Gold has closed May 2026 at USD 4,546 per troy ounce, a 1.4% monthly decline, according to the World Gold Council. The metal finished lower in most major currencies, with the exceptions of India and T

13 hours ago

National Breweries Flags 163% EPS Growth as Turnaround Gains Traction

National Breweries Plc, the Lusaka Securities Exchange-listed beverages manufacturer, expects earnings per share for the year ended 31 March 2026 to increase by 163% compared to the corresponding prio

15 hours ago

Zimbabwe Gets Its First Dedicated SME Exchange: ZEEX Opens New Capital Route for SMEs

Securities and Exchange Commission of Zimbabwe has approved the Zimbabwe Stock Exchange to operationalise its Small and Medium Enterprises exchange under the brand name Zimbabwe Entrepreneurship Excha

16 hours ago

ZWG Payments for Government Contracts: Masimba Flags Cautious Outlook

Masimba Holdings Limited has reported revenue of USD 8.8 million for the first quarter ended 31 March 2026, a 13% increase from the comparable period of 2025, and profit after tax of USD 453,000, a 12

Jun 05, 2026

Green Gold: Zimbabwe’s Avocado Exports Open at Six-Year High

Zimbabwe has exported USD 847,129 worth of fresh avocados in April 2026, the highest April opening value in over six-year trade dataset covering January 2021 through April 2026, and the second-highest

Jun 05, 2026

Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy

Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil

Jun 05, 2026

Mining Capex Boom: Machinery Imports Reveal Zimbabwe’s Industrial Buildout

When one reads Zimbabwe's April 2026 merchandise trade data at the headline level, its a story of a widening deficit, declining gold revenues, and compressed tobacco prices. However, when read at the

Jun 04, 2026