Search results for 'financial results'
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Companies
Turnall Sales Volumes Rise 33% to 16,807 Tonnes in HY26 on New Harare Plant Capacity
Turnall Holdings a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has increased sales volumes by 33% to 16,807 tonnes in the six months to June 2026 from 12,6
Oct 01, 2026
Zimbabwe
Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
Companies
Afdis Pays $1.8M to ZIMRA Under 'Pay Now, Argue Later' Principle Amid Wider $97M Delta Dispute
African Distillers Limited (Afdis) has completed payment of approximately US$1.8 million in disputed income tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA), while continuing legal and
Nov 06, 2026
Zimbabwe
Solar Industries' R21.8 Billion Omnia Takeover Puts Zimbabwe's Fertiliser Industry in Focus
South African industrial group Omnia Holdings has reported a 15% increase in mining operating profit to R655 million for the six months ended 30 September 2026, days after shareholders approved its pr
Nov 10, 2026
Companies
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day ago
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
