Search results for 'production'
World
Global Seas Hit 21.1°C Peak in August : East Africa Braces for Floods as Southern Africa Fears Drought
Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a
Aug 25, 2026
Companies
Ariston Tea Output Falls 70% as Funding Constraints Persist After US$3m Funding Injection
Ariston Holdings’ tea production fell 70% to 532 tonnes in the third quarter ended June 2026 from 1,770 tonnes a year earlier, placing the group’s funding structure back at the centre of its operation
Sep 03, 2026
Companies
Kavango Appoints Former AngloGold Executive as Zimbabwe Gold Strategy Advances
Kavango Resources has appointed former AngloGold Ashanti executive Jasper Musadaidzwa as Chief Executive Officer and Executive Director with immediate effect as the London and VFEX-listed miner develo
Sep 07, 2026
Companies
Padenga’s Earnings Surges Past US$180m, Production Growth Meets Record Price Cycle
Padenga Holdings, Zimbabwe’s biggest listed gold producer has generated US$182.3 million in revenue from Dallaglio during the six months to June 2026, a 48% increase from the comparable period, as str
Sep 22, 2026
Zimbabwe
Zimbabwe’s Dairy Recovery Accelerates as Local Production Moves Towards Self-Sufficiency
Zimbabwe’s dairy industry is entering a stronger recovery phase, with commercial milk production rising steadily after years of contraction and creating the possibility of reducing the country’s depe
Sep 24, 2026
Companies
Renco Set for Sale at US$35 Million, RioZim’s Last Standing Functional Gold Asset
RioZim has put Renco Mine up for sale for at least US$35 million, opening a new phase in the mining group’s turnaround as it seeks to reduce debt, strengthen working capital and concentrate its limit
Sep 28, 2026
Companies
PPC Leans On Zimbabwe: 3% Volume Growth Anchors Group Amid SA, Botswana Slump
PPC sold 3% more cement in Zimbabwe in the five months to August 2026, supported by demand from industrial and retail customers. Volumes across its South African and Botswana operations fell 8%, givin
Sep 29, 2026
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco'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
