AXIA Corporation (Axia) has acquired the remaining 12,25 percent stake in automotive spares retailer, Transerv’s mi­nority shareholders, taking its effective shareholding in the business to 100 percent. The transaction, disclosed by Axia in its full year results published last week and which took effect on June 1, 2026, had a purchase consideration of US$1,08 million,…

KAVANGO Resources plc says its gold and copper ex­ploration plans in the region remain dependent on rais­ing additional capital, despite narrowing its interim loss on the back of increased output at its Zimbabwe mine. The AIM and VFEX-listed miner warned it would need additional funding to sustain project spending through 2027. Kavango reported a loss…

CABS says it invested up to US$96 million in agriculture during the first half of this year, representing 28 percent of its total loan portfolio as it targets in­creased funding to the sector follow­ing a major credit facility. This comes after the bank re­corded 33 percent growth in loans and advances to ZiG9,02 billion (roughly…

AXIA Corporation (Axia) plans to open 15 new retail outlets in the short-term and build a distri­bution centre in Sunway City, riding on strong cash generation from operations. The group generated US$26,013 million in cash from operations in the year ended June 30, 2026, a 67 percent increase from the previous year, supported by higher…