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,…
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…
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…
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…
LOCAL equities continued their rally in May driven by strong investor demand amid improving macroeconomic stability and corporate earnings expectations. Both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) have had a good start to the year as investors target companies with strong business fundamentals. According to investment analysts, FBC Securities,…
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…
OLD Mutual Insurance Company’s profit before tax grew 208 percent on an annualised basis to ZiG101,4 million during the year ended December 31,2025 driven by growth in gross written premiums (GWP). GWP increased 12 percent year-on-year to ZiG1,14 billion on the back of growth in all revenue lines. Insurance revenue was up seven percent to…
CALEDONIA Mining Corporation has struck significant gold mineralisation at its Motapa exploration property that could extend the life of its Bilboes Gold Project in a combined mining operation. The group found several high-grade drill intersections, including 19 metres at 8,08 grammes per tonne (g/t) gold and 12 metres at 7,12g/t at Motapa North. The proximity…
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