Search results for 'working capital'
Companies
Price Controls Squeeze Meikles Retail Sells: As Consumers Flock to Informal Market
Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,
Jun 24, 2024
Companies
Willdale’s Q3 Sales Slump Echoes Beta Bricks' Struggles, WestProp’s Entry Signals Fierce Competition
Willdale Limited, Zimbabwe’s only listed brick manufacturer, is grappling with significant challenges in its core brick-making business while pinning its hopes on a property investment strategy to dr
Aug 19, 2025
Companies
Revenue Up 75%, Cash Down 99%: Unifreight's FY2025 Results and Working Capital Crisis
Unifreight Africa Limited, the Zimbabwe Stock Exchange-listed road transport and logistics group formerly known as Pioneer Corporation Africa which operates a fleet-intensive road transport business
Apr 02, 2026
Companies
Willdale Narrows Operating Loss to 1.6 Million, Despite Sales Volumes Falling 50%
Zimbabwe’s biggest listed bricks manufacturer, Willdale Limited has reported an operating loss of ZWG 39.9 million for the half year ended 31 March 2026, equivalent to approximately USD 1.6 million at
Jul 01, 2026
Companies
Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery
Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions
Jul 02, 2026
Top Stories
RBZ Puts Mono-Currency Readiness at 50.1%: Fundamentals Cover Only a Fraction of the Economy It Seeks to Anchor
Zimbabwe has accumulated its strongest period of monetary stability since the introduction of ZiG, yet the Reserve Bank’s own 50.1% mono currency readiness score exposes the distance between stabilisi
1 day agoGetBucks Joins Four Other Capitalized Deposit-Taking Microfinance Institutions as Sector Strengthens
The first half of 2026 therefore presents a mixed but improving picture. On one side, GetBucks has successfully crossed the US$5 million capital threshold, increasing the number of adequately capitali
Aug 20, 2026Zimbabwe’s Digital Payment Economy Expands as Mobile Money and Debit Cards Rise, while POS Stalls
That combination suggests that Zimbabwe's financial system is not simply becoming larger. It is becoming more digital. The real test in the second half of 2026 will be whether this expanding infrastru
Aug 20, 2026Power Import Bill Reaches US$84 Million in First Half, On Track For US$169 Million In 2026
Zimbabwe has spent US$84.35 million on electricity imports in the first half of 2026, a pace that carries the full year bill to about US$169 million, up 44% on the US$117 million recorded across all
Aug 20, 2026
