Search results for 'expansion'
Companies
CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge
CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba
Nov 13, 2025
Companies
Nedbank Hits Historic 8 Million Client Milestone in 2025, Eyes 66% Stake in NCBA Group
Nedbank Group, one of South Africa's four major banks, has achieved a historic milestone by reaching 8 million clients for the first time in its nearly 140-year history according to the latest circula
Mar 03, 2026
Zambia
Growing Faster, Earning Less: Bata's Revenue Surge Masks Profit Warning Hidden in Inventory
Zambia Bata Shoe Company PLC, the country's oldest and most recognisable footwear manufacturer and retailer, has reported full year results for 2025 that present one of the more instructive paradoxes
Mar 16, 2026
Zambia
Airtel Deploys $107Mn in Network Expansion: 406 New Sites Added, Targets 95% Population Coverage
Airtel Networks Zambia, the country's largest mobile operator by revenue and subscriber base’s full year results for 2025 placed it firmly in the upper tier of sub-Saharan African telecommunications p
Mar 16, 2026
Technology
Africa's AI Awakening: Cassava Ignites Continent's First NVIDIA-Powered AI Factory in South Africa
Cassava Technologies, the pan-African tech powerhouse rooted in Zimbabwe's Econet Wireless legacy, is launching its AI Factory in South Africa a high-density computing powerhouse fuelled by NVIDIA's a
Mar 19, 2026
Companies
Eagle 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, 2026
Companies
First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale
First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven
May 18, 2026
Companies
The Great Africa Trek Pays Off: Regional Footprint Sprints Zimre to a Historic 142% Profit Surge
Zimre Holdings Limited has reported a 142% increase in profit for the first quarter ended 31 March 2026, rising from US$1.70 million to US$4.12 million, driven by strong top-line performance across al
May 18, 2026
Top Stories
Zimbabwe’s Soyabeans Domestic Supply Jumps to 54% from 19% in 2015:Highest Yield Post Land Reform
Zimbabwe's 2025/26 soyabean harvest reached 119,067 metric tonnes from 56,562 hectares harvested, according to the Second Round Crop, Livestock and Fisheries Assessment Report presented to Cabinet on
1 day agoWhy Diesel Imports Set New Monthly Record of Above USD 130 Mn: Barometer of Production?
Zimbabwe's April 2026 diesel import bill reached USD 132.5 million, a 44.6% increase from March 2026's USD 91.6 million and the highest monthly value recorded from December 2022 through April 2026, a
Jun 09, 2026PPC Zimbabwe Carries Group Cash Flow as Cement Demand Surges: Pays US$36 Mn Dividend, Funds RK3 Expansion
Pretoria Portland Cement Limited (PPC) has reported revenue of R10.255 billion for the year ended 31 March 2026, a 3.9% increase from R9.871 billion in the prior year, with EBITDA rising 31% to R2.079
Jun 09, 2026
