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

Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i

JSE-listed packaging company, Nampak Limited has provided an upbeat outlook for its financial performance in the second half of the 2023 fiscal year. According to the company's projections, Nampak is

Star Africa Corporation, the second-largest sugar producer in Zimbabwe, which is also the largest independent sugar producer is seeking to redeem its operational and commercial performance in the 2025

Econet Wireless Zimbabwe, the largest telecoms operator in the country, has made significant strides in enhancing its service provision during the first quarter ended 31 May 2024. The company has com

Zimplats, which is 87% (June 2023) owned by Implats, increased its 6E (platinum, palladium, rhodium, ruthenium, iridium and gold) matte production by 5.7% to 646,000 ounces. This solid performance was

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has reported a significant decline in earnings for the financial year ended 30 June 2023 attributed to a confluence of factors, inclu

Zimplats, Zimbabwe’s largest corporate despite facing challenging market conditions, demonstrated a strong commitment to future growth by investing US$440 million in mine replacement and expansion pro

ZB Financial Holdings has reported a challenging half-year ended 30 June 2024, marked by significant declines in its financial performance. The group recorded a 59% drop in after-tax profit (PAT), fa

In a strategic move to adapt to market challenges, National Tyre Service (NTS) has shifted its focus to personal selling following the closure of four retail outlets at the beginning of the financial

CBZ Holdings experienced a significant contraction in net profitability during the half-year ended June 30, 2024, as total revenue income and tax liabilities escalated substantially. The group's prof

Mashonaland Holdings Limited, a leading property development company’s flagship Pomona Commercial Centre project is now 65% complete according to the company’s financial results for the six months to

TSL Limited has achieved a commendable performance in the third quarter ended 31 July 2024, with group revenue rising by 13% year-over-year. This growth was largely driven by increased volumes in the

FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

Zimre Holdings Limited (ZHL Group) is planning to expand its footprint in North Africa, tapping into the vast opportunities presented by the African Continental Free Trade Area (AfCFTA). The group re

Largest hotelier group, African Sun Limited's (ASUN), real estate market performed well during the first half of 2024 (1HY), with its contribution increasing from 2% to 6% and generating an additional

Masimba Holdings has achieved significant milestones in the first half of 2024, despite operating in a tough environment characterized by liquidity constraints and heightened exchange rate volatility.

Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus

Tigere Property Fund has made a strategic move to bolster its performance in the fourth quarter of the 2024 financial year with the acquisition of Highland Park Phase 2. This addition is expected to