Search results for 'restructuring'
Zimbabwe
ZESA Rebundling Confronts 3.7GW Supply Gap by 2030, H1 Import Bill Hits US$84m
Cabinet has moved the restructuring of ZESA into implementation, consolidating generation, transmission, distribution, system planning and commercial functions under ZESA Private Limited at a time Zim
Aug 19, 2026
Zimbabwe
Air Zimbabwe’s US$11m Loss Meets Growing Aviation Market: Passenger Growth Raises Return Hurdle on Fleet Renewal
One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un
Aug 26, 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
WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Oct 05, 2026
Zimbabwe
Zimbabwe Sets March 2027 Debt Deadline as US$8.3 Billion in Arrears Weighs on Recovery
Zimbabwe is targeting March 2027 to clear its arrears with international financial institutions, as Government seeks bridge financing to restore access to affordable development funding after more th
Oct 15, 2026
Top Stories
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
15 hours agoCoca-Cola’s US$3.6 Billion COMESA Footprint Reveals Scale of Regional Industrial Opportunity
ZimTrade data shows that Zimbabwe exported US$222 million worth of goods to COMESA in 2025, representing a 10.4% increase from US$201 million in 2024. Despite the recovery, regional exports accounted
1 day ago
