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 group’s revenue for the first quarter ended March 31, 2026, declined by 3,4 percent to ZiG2,178 million from ZiG2,265 million a year earlier. The group,…
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…
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…
THE Consumer Council of Zimbabwe (CCZ) says the family basket increased to US$616,43 in March after higher transport and fuel costs pushed up household expenses. In its latest publication, the CCZ said moderate fuel price increases emerged in early March before rising sharply during the weeks ending 20 March and 27 March 2026. By the…
THE Small and Medium Enterprises Development Corporation (SMEDCO) says it is actively helping micro, small and medium enterprises (MSMEs) adopt mechanisation through financing for machinery and equipment, among other initiatives.…
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…
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…
ZIMRE Holdings (Zimre) recorded a 41 percent increase in total income for the quarter ended March 31, 2026, driven by strong insurance revenue growth and positive investment income from fair value gains on financial assets. The group’s total income rose to US$29,67 million from US$20,97 million recorded in the comparable period last year, reflecting improved…
ZIMPLOW Holdings (Zimplow) returned to profitability in the first quarter ended March 31, 2026, as structural reforms, stronger agricultural activity and improved after-sales revenues boosted performance across its business units. The group recorded a profit of US$114 921 during the quarter under review, compared to a loss of US$596,424 in the same period last year,…
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