Search results for 'economy'
Companies
AFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
Feb 02, 2026
World
Dubai’s Maser Group Pledges US$1.6 Billion Investment in African Agriculture, Data Infrastructure
Maser Group, a closely held Dubai-based consumer electronics manufacturer, plans to invest US$1.6 billion across Nigeria, Ghana and Kenya over the next 24 months, targeting large-scale agricultural p
Feb 09, 2026
Zimbabwe
RBZ Drops 2030 De-Dollarisation Target, Adopts Conditions-Based Mono-Currency Plan
The Reserve Bank of Zimbabwe (RBZ) has shifted its long-term monetary reform strategy from a fixed 2030 mono-currency target to a conditions-based framework, signalling that the transition to a single
Feb 11, 2026
South Africa
South Africa's digital 24-Hour Visa Application Platform Set to Revolutionalise Tourism
In a bold move to supercharge South Africa's post-pandemic tourism rebound, President Cyril Ramaphosa unveiled a game-changing policy during his State of the Nation Address (SONA) today: a fully digit
Feb 12, 2026
South Africa
Tongaat Crisis Update: IDC Declines to Commit to More Funding Amid Liquidation Threat
The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol
Feb 23, 2026
Markets
Cape Town Is Eating Everyone's Lunch and South Africa's Biggest Landlord Just Proved It
This morning, Growthpoint Properties, South Africa's largest listed property company released its interim results for the six months to December 2025. Tucked in these numbers is a vivid portrait of a
Mar 11, 2026
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
More Duty, Less Revenue: How Zambia's Tobacco Crackdown Built a Black Market Instead
BAT Zambia, the country's only listed tobacco manufacturer and the dominant player in Zambia's formal cigarette market, has reported a year in which profit grew but the business shrank, a paradox that
Mar 14, 2026
Zambia
Selling Itself to Survive: Decoding Standard Chartered Zambia's 2025 Performance
Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t
Mar 15, 2026
Top Stories
Tigere REIT Leads Peers with Doubled Q1 Net Property Income, Four Yield Accretive Acquisitions Planned for 2026
Tigere Real Estate Investment Trust has once again set the pace among Zimbabwe's listed REITs, delivering a standout first quarter performance that reflects its dominance over smaller and newer peers
Apr 09, 2026Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026Eagle REIT Executes Major Portfolio Expansion Despite Lower Reported Profit from Reduced Stand Sales
Eagle Real Estate Investment Trust, Zimbabwe's first dollar listed reit, has delivered a textbook development-focused performance in 2025, prioritising long-term value creation over short-term trading
Apr 09, 2026Morgan & Co ETF Delivers 21% Return and Strong Real NAV Growth in 2025, Despite Trailing Broader Market
The Morgan & Co Made In Zimbabwe Exchange Traded Fund has posted a solid 21% total return for the year ended 31 December 2025, generating a meaningful positive real return after comfortably beating ye
Apr 09, 2026FBC Holdings Reports 84% Profit Jump , Core Trading Income Surges 34% and Now Dominates Revenue Mix
FBC Holdings Limited has delivered a markedly stronger underlying performance in 2025, posting an 84% increase in profit before tax to ZWG 815.2 million from ZWG 443.7 million the prior year, while pr
Apr 09, 2026
