Search results for 'capital expenditure'
World
AI Boom Hits Reality Check:Microsoft Shares Tank Circa $400 Billion in Record Two-Day Rout
Microsoft, the world's largest software company by market capitalization and a cornerstone of the artificial intelligence revolution, has seen a record-breaking sell-off in its shares following its la
Feb 03, 2026
Zimbabwe
Strong Profits, Hidden Trap: How One Government Sentence Threatens Proplastics' 2026 Margins
Proplastics Limited, the Zimbabwe Stock Exchange-listed manufacturer of plastic piping systems that underpin water infrastructure, sanitation, irrigation, and construction across Zimbabwe, has report
Mar 30, 2026
Companies
Delta Corporation Crosses $1Bn Revenue Mark, Becomes Third Company in Zimbabwe's Corporate History
Delta Corporation Limited, Zimbabwe's beverages behemoth has become only the third company in Zimbabwe's corporate history to record annual revenue exceeding $1 billion, reporting revenue of $1.09 bil
May 13, 2026
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Zimbabwe
Mutapa’s US$100m Darwendale Restart Reworks a Project Stalled by Financing , Sanctions
Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is
Oct 06, 2026
Top Stories
UK Opens Audit Market to Zimbabwe as Landmark Agreement Recognises Local Qualifications
Zimbabwean auditors have secured a new pathway into the United Kingdom's professional services market following a mutual recognition agreement between the two countries' audit regulators. The developm
9 hours agoOK Zimbabwe Shareholders Approve ZSE Exit, US$20 Million Recapitalisation Fails to Prevent Corporate Rescue
OK Zimbabwe shareholders have approved the retailer's withdrawal from the Zimbabwe Stock Exchange (ZSE), approximately 16 months after authorising a US$20 million capital raise intended to restore its
1 day agoOver Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing
Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci
1 day ago
