EDGARS Stores (Edgars) expects stable supply chains in 2026 as it increases local sourcing to reduce import dependence and strengthen inventory availability across its operations. The group said key suppliers were continuing to meet inventory requirements, even as it adjusted its sourcing mix in response to economic conditions and currency pressures. “Supply chains are expected…
UNIFREIGHT Africa’s Mozambican operations strengthened overall group revenue in 2025 as regional expansion efforts beyond its traditional domestic market paid off. The group generated ZiG708,835 million from its primary market, Zimbabwe, and the equivalent of ZiG553,404 million from Mozambique, well above other regional markets. Zambia contributed ZiG16,362 million, while Malawi delivered ZiG23,147 million. Group chief…
ZIMTRADE has urged local producers to prioritise value addition of traditional grains as demand for healthier and gluten-free foods increases in export markets. In its latest newsletter, ZimTrade said products made from sorghum, millet, rapoko and pearl millet are set to grow export earnings and strengthen rural industries. “Traditional grains are increasingly being recognised not…
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 agro-industrial group’s challenges reflect broader pressures facing many local businesses, which continue to grapple with tight liquidity conditions and constrained access to affordable capital. Speaking…
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…
NAMPAK Zimbabwe (Nampak) is anticipating stronger business performance in the second-half of the year driven by higher packaging requirements following a significant increase in national tobacco production. The group’s packaging business derives a substantial portion of its revenue from the tobacco industry. According to the Tobacco Industry and Marketing Board (TIMB) Zimbabwe is projected to…
THE Southern Africa Association of Accountants (SAAA) has introduced the Accounting Technician Qualification for Africa (ATQA) to improve bookkeeping standards and tax compliance in the informal sector. The initiative comes as many informal businesses continue to operate outside the tax net because they lack knowledge of bookkeeping, tax obligations and the benefits of compliance. In…
BRITISH American Tobacco (BAT) Zimbabwe implemented cost-containment measures and strategic price adjustments during the first quarter ended March 31, 2026, to protect margins against rising costs. As a result, the cigarette manufacturer recorded a 29 percent decrease in operating costs during the period, enabling it to absorb rising input costs and remain profitable despite a…
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…
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