MUTAPA Gold Resources has declared a US$35 million dividend to shareholders after recording a profit after tax of US$70 million for the nine months ended December 31, 2025 driven by favourable international gold prices. The mining group, formerly Kuvimba Mining House, underwent a restructuring exercise earlier this year and now operates as Mutapa Gold Resources.…
ZECO Holdings (Zeco) is banking on sustained construction activity across the country to boost demand for its window and door frames products and enhance profitability. This comes after the diversified…
ARISTON Holdings (Ariston) says limited working capital and high cost of borrowing weighed on profitability and cash generation in 2025, prompting management to focus on operational recovery in 2026. The…
MASIMBA Holdings (Masimba) says the government’s decision to pay contractors in local currency poses cash-flow and project-planning risks in the wake of rising US dollar denominated costs. The group remains significantly exposed to government-funded infrastructure projects but has been progressively rebalancing its order book to increase the contribution of private sector contracts. The government’s decision…
PPC Zimbabwe helped drive group earnings higher in the year ended March 31, 2026, as strong cement demand and operational improvements offset subdued conditions in the South African market, its parent company PPC Limited has said. The South African cement producer reported a 3,9 percent year-on-year increase in group revenue to R10,3 billion, largely driven…
INNSCOR Africa (Innscor) is pushing for policy reforms aimed at helping domestic beverage manufacturers regain market share from imported products dominating local retail shelves. This comes after aggregate volumes at its beverage making unit Probottlers dropped 13 percent in the nine months ended March 31, 2026. The group, among other issues, wants an extension of…
THE extractive sector will be under spotlight next week as the Chamber of Mines of Zimbabwe holds its Annual Mining Conference & Exhibition in Victoria Falls, bringing together mining executives, investors, and policymakers to debate on the industry’s future. Running from June 17 to June 20, 2026, the high-stakes convention comes at a critical juncture…
ZIMBABWE’S bumper maize harvest is boosting grain supplies to formal markets, lowering prices and strengthening prospects for a sizable strategic grain reserve, latest market data shows. According to the ZMX auction results for the week ended June 5, farmer deliveries of white maize reached 6 510 metric tonnes against buyer demand of 7 000 metric…
Prisca Tshuma Staff Writer FIRMING platinum prices on global markets could strengthen Zimbabwe’s export earnings, widen tax collections and support jobs, according to the Africa Economic Development Strategy (AEDS). This comes as the country looks to offset weakening trade performance, with the trade deficit widening by nearly 16 percent to US$169,6 million in April 2026,…
MASHONALAND Holdings says it failed to meet its carbon emissions target in 2025 due to continued reliance on generator power. This comes as Zimbabwean companies are actively reducing their carbon emissions to align with the nation’s goal of a 40 percent reduction in per-capita emissions by 2035. In its 2025 annual report, the group said…
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