CAFCA lost 324 production hours during the six months ended March 31, 2026, up from 99 hours recorded prior year as persistent power quality challenges worsened despite improved electric­ity availability. Voltage fluctuations are emerging as costly threats, affecting equip­ment performance, disrupting oper­ations and increasing maintenance bills. Experts say ageing infrastruc­ture at state-owned utility company, ZESA,…

EAGLE REIT says its performance for the first quar­ter ended March 31, 2026, exceeded expectations on the back of strong residential stand sales, improved gross margins and disciplined cost management. The trust is managed by Eagle Asset Manage­ment, a licensed investment manager and subsidiary of Zimre Holdings. In a trading update for the quarter, the…

WESTPROP Holdings’ di­versification efforts paid off after more than US$1,3 million in new revenue streams was recorded during the first quarter ended March 31, 2026, offsetting rising real estate costs. The group’s ongoing vertical inte­gration strategy, embarked on two years ago, has significantly reduced reliance on external contractors while building in-house manufacturing and construc­tion capacity.…

AXIA Corporation (Axia) expects to maintain its growth momentum in the fourth quarter ending June 30, 2026, supported by a stable economic environment and strong demand across its business units. The positive outlook follows broad-based growth across the group’s retail and distribution operations during the third quarter ended March 31, 2026. The company said stable…

RIOZIM’s recovery strategy is gaining momentum through strategic funding partnerships and the resumption of min­ing operations, despite its losses widening to ZiG739,1 million in the year ended December 31, 2025. The diversified miner previously reported a ZiG628,5 million loss. In its full year financial results statement, Ri­oZim chairman Caleb Dengu said the company was in…

PROPLASTICS is intensify­ing its focus on irrigation and civil engineering projects as the company positions itself to benefit from growing infrastructure and agricultural development op­portunities across Zimbabwe and the region. In a trading update for the three months ended March 2026, Pro­plastics chairman Gregory Sebborn said the company was actively pur­suing opportunities in the irrigation…