Search results for 'growth'
Zimbabwe
Zim now one of the fastest-growing African economies: What’s stopping the resource-rich nation from reaching its full potential?
Zimbabwe’s GDP growth in 2021 according to World Bank was 5.85%, making Zimbabwe the 10th fastest-growing economy in Africa in 2021. Zimbabwe’s economic growth accelerated to an anticipated 5.9% in 20
Dec 01, 2022
Technology
Letshego's Digital Transformation Drives Revenue Growth and Product Diversification
Letshego's digital transformation journey has yielded impressive results, with 60% of its core customers migrating to the Digital Mall platform. This represents a remarkable 38% year-on-year increase
Aug 28, 2023
Zimbabwe
Anglo American's Sustainability Progress Sets the Course for Sustainable Mining: Lessons for Zimbabwean Miners
As global awareness of the importance of sustainability continues to grow, large organizations like Anglo American plc are paving the way for responsible and sustainable mining practices. In their rec
Oct 25, 2023
World
The Brick Dilemma: Willdale Limited's Struggle with Power Outages and Intense Rivalry
Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper
Jan 09, 2024
South Africa
Truworths International Reports 8.2% Increase in Retail Sales Amid Economic Challenges
Truworths International Limited (TRU.J) on Monday reported an 8.2% growth in retail sales for the 26-week period ended 31 December 2023. The South African-based fashion retailer revealed that its reta
Jan 29, 2024
Zimbabwe
Zimbabwe's Ariston Holdings Weathers Challenges, Reports Growth in Tea and Macadamia Sales
The trading update highlighted the unfavorable climate conditions in the first quarter, with below-average rainfall and extremely hot weather impacting agricultural operations. However, the weather im
Jan 29, 2024
Zimbabwe
Impala Platinum Holdings Shines Amidst Challenges, Reports Strong Production Growth in H1 FY2024
Impala Platinum Holdings reported a gross Group 6E production increase of 18% to 1.90 million 6E ounces compared to the same period last year. This growth was primarily driven by improved production f
Jan 31, 2024
Zimbabwe
TSL Limited's FY 2023 Performance Reflects Resilience Amid Challenging Economic Environment
TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf
Jan 31, 2024
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
