Search results for 'cost-cutting'
World
Battling the Abyss: Ariston Holdings Limited Records a Whopping ZWL$33 billion Loss

Harare - Ariston Holdings Limited faced a formidable challenge as its loss position widened to a staggering ZWL$33 billion in the full year that ended on September 30, 2023, compared to a loss of ZWL$

Jan 10, 2024
Companies
TSL’s Q1 2025: Mixed Results with Revenue Down 9%, Profits Up

Tobacco Sales Limited (TSL) reported a mixed performance for Q1 2025, ended 31 January 2025 with a notable 9% revenue decline across its operations, primarily due late inset of rainfall which affected

Mar 19, 2025
Zimbabwe
Finance Ministry Rolls Out Cost-Cutting Directive for Ministries and Agencies

Last week on the 24th of September 2025, the Ministry of Finance issued Treasury Circular Number 10, directing all government ministries, departments, and agencies (MDAs) to implement strict expenditu

Oct 01, 2025
Companies
Zimplow Slashes Losses by 70%, Signals Robust Recovery in H1 2025

implow Holdings Limited, a key player in Zimbabwe’s agriculture, mining, and construction equipment sectors, has seen its loss position narrow significantly in its half-year performance ended 30 June

Oct 06, 2025

Top Stories

Ramaphosa Rejects Trump’s G20 Exclusion: “South Africa Remains a Full Member”

he U.S. President Donald Trump has announced yesterday, the 26th of November 2025 that South Africa would be barred from attending the 2026 G20 Summit, set to be hosted in Miami, Florida. Speaking fr

Nov 27, 2025

ZiG Appreciates 5 Straight Sessions Amid Dollar Meltdown

The Zimbabwe Gold (ZiG) opened the week of 24 November 2025 stronger at 26.2965 per US dollar, marking a notable firming from 26.3218 recorded on Friday 21 November and a significant appreciation from

Nov 27, 2025

CAFCA Bleeds as Cheap Imports Flood Market: Volumes Down 8%, Profit -68%

Zimbabwe's only listed cables manufacturer, CAFCA has faced a challenging fiscal year ended 30 September 2025, marked by an 8% year-on-year decline in volumes that reflects the vulnerabilities of loca

Nov 27, 2025

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

Econet Joins Delta in US$1 Billion Club Race, H1 Revenue Surpasses US$500m on Voice Traffic, Data Dominance

Econet Wireless Zimbabwe delivered a robust financial performance for the half-year ended 30 September 2025, posting group revenue of ZiG 13.5 billion, representing a 39% year-on-year increase from Zi

Nov 19, 2025

Beverages Behemoth: Delta to Become Third Billion-Dollar Corporate in 2026

n the resilient yet turbulent landscape of Zimbabwe's economy, few companies embody the nation's unyielding spirit quite like Delta Corporation Limited. As the blue-chip behemoth of the Zimbabwe Stock

Nov 18, 2025

Zimbabwe Gold Investment Conference 2025: Zimbabwe's Golden Data Gap

The presentation by Dr. Godknows Njowa at the Zimbabwe Gold Investment Conference 2025 offers a sobering yet strategically vital analysis of the intersection between mineral reporting, exploration, an

Nov 17, 2025

BAT Zimbabwe Volumes Fall 7% as USD Pricing Squeezes Consumer Demand

British American Tobacco Zimbabwe (BAT) , a cigarette maker and distributor has recorded a 7% decline in sales volumes for the nine months to 30 September 2025 according to the latest trading update.

Nov 17, 2025