Search results for 'revenue drop'
Companies
Tanganda Q1 25 Production Crumbles

Tanganda Tea , a diversified company listed on the Zimbabwe Stock Exchange (ZSE), has faced significant challenges in its production across key categories in the first quarter ended 31 December 2024,

Feb 13, 2025
Companies
ART Holdings Reports Depressed Q1 Performance with Volumes, Revenue Declining: Explores Opportunities in Hygiene Segment

ART Holdings has reported a challenging first quarter for the three months ended December 31, 2024, with both sales volumes and revenue experiencing significant declines. Sales volumes decreased by 13

Feb 18, 2025
Companies
Turnall’s Production Declines in Q1 25, Plans Resizing for Efficiency

Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has reported a 18% decline in production for the first quarter of 2025, producing 7,357 tonn

May 15, 2025
Companies
Ariston Holdings Posts Early Recovery Signs in HY2025

Ariston Holdings Limited, a diversified agricultural company, has reduced its net loss from US$2.1 million  to US$1.44 million a 32% decline in losses according to the financial statement for the six

Jul 31, 2025

Top Stories

ZiG Weekly Commentary: Temporary Triumph Masks Deeper Economic Fragility

The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is

Aug 05, 2025

Kavango Resources to List on VFEX, Targets US$14 Million for Zimbabwe Projects

Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch

Aug 05, 2025

Weekly Gold Wrap: Demand Soars to Record $132 Billion in Q2'25

The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g

Aug 05, 2025

Seed Co Volumes Plunge 59% as Export Orders Return to Normal Levels

Largest seed company,Seed Co Limited has recorded a 59% drop in sales volumes for the first quarter ended 30 June 2025, according to the company’s latest trading update. The drop was driven by the ab

Aug 04, 2025

Zimbabwe's Banking Sector Reports 20% Credit Growth in First Half of 2025

Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th

Aug 04, 2025

POSB Invests in Real Estate to Hedge ZiG Inflation

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

Aug 04, 2025

Zimbabwe’s 2025 Mid-Term Budget Review: What You Should Know

The 2025 Mid-Term Budget and Economic Review, themed "Building Resilience for Sustained Economic Transformation," sets the stage for Zimbabwe’s fiscal and economic trajectory in the second half of the

Aug 03, 2025

Trump’s Tariffs Take Effect Today: Zimbabwe’s Export Levy Slashed from 18%

President Donald Trump’s new tariff regime kicks off today, on the first of August 2025, with Zimbabwe facing a 15% ad valorem tariff on its exports to the United States, moderated from an initial pro

Aug 01, 2025