Search results for 'financial performance'
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
Jul 09, 2025
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
Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 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
Companies
Joining the Elite Quadrant: Econet Cracks Elusive Billion-Dollar Revenue Ceiling
Econet Wireless Zimbabwe has reported revenue of USD 1.104 billion for the year ended 28 February 2026, a 23% increase from USD 894 million in FY2025 according to its latest FY2026 financial resul
Jun 23, 2026
Zambia
National Breweries Posts First Profit in Years: Real Story Behind the Turnaround
National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r
Jul 16, 2026
Top Stories
Zimbabwe Heads for Third Consecutive Wheat Record: ARDA Grows Nearly Half as National Plantings Hit 133k Hectares
Zimbabwe has planted 106% of its 125,000 hectare winter wheat target, up from 101% at the same point in 2025, taking the national area to roughly 132,500 hectares. The Agricultural and Rural Developme
Jul 23, 2026Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown
Spirits and Wines maker, African Distillers has grown the first quarter revenue by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7
Jul 23, 2026From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale
Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one. The 2025/26 summer season pro
Jul 22, 2026
