AFC Holdings (AFC) has raised over US$5 million by leveraging its extensive land holdings for productive use, as it seeks to bolster capital and expand its loan book. The agricultural financier was in 2022 provided 10 000 hectares of land by the government to capitalise its operations. A further 30 000 hectares was promised. “The…
NICOZDIAMOND Insurance posted marginal earnings growth for the year ended December 31, 2025, driven by investment diversification, and improved operational efficiencies. Insurance contract revenue rose one percent to ZiG1,1 billion compared to the prior year. Cluster chief executive David Nyabadza said the growth, while moderate, was driven by expansion across core portfolios and new business.…
Mishma Chakanyuka REVITUS Real Estate Investment Trust (Revitus REIT) will begin renovations of its Chester House property in Harare in the second half of 2026, as it moves to convert it into a three-star hotel to enhance portfolio returns. In a statement accompanying its financial results for the year ended December 31, 2025, the REIT,…
DAIRIBORD Holdings (Dairibord) profit margins this year are expected to be severely under pressure from rising operational costs offsetting improved revenue flows, investment analysts, Inter Horizons (IH) Securities says. The dairy products processor recorded an eight percent year-on-year improvement in revenue to US$137,4 million for the year ended December 31, 2025, on volume growth. In…
MASIMBA Holdings (Masimba) is relying on structured client payment plans to manage rising receivables which hit US$54,95 million in 2025, as it seeks to boost cash flows amid worsening payment delays. The group said it was working closely with major clients to negotiate staggered payment arrangements aimed at improving collections discipline and reducing exposure to…
GENERAL Beltings (GB) posted a 19 percent dip in volumes for the year ended December 31, 2025, as high credit risk, weak demand, and tight monetary policy constrained working capital. The group’s current liabilities at US$1,89 million exceeded current assets of US$1,74 million by US$145 533 to give a current ratio of 0,9. This means…
ARISTON Holdings (Ariston) is engaging international macadamia buyers to secure forward contracts that improve revenue visibility and boost foreign currency inflows, as global demand remains firm. Forward contracts for macadamia nuts in Zimbabwe are commonly used by exporters as a ‘price hedge’ mechanism to secure long-term sales. This would allow the company to lock in…
PFUMA REIT has declared its first-ever dividend of US$446 719 at 0,0948 US Cents per share for the first quarter, dating February 6 to March 31, 2026, driven by net property income, which reached US$316 582. Total revenue was anchored by the two seed assets (Hogerty Hill Centre and Chegutu) as well as investment income.…
DATVEST’S Modified Consumer Staples ETF reported a ZiG9,4 million inflation-adjusted net asset value for the year ended December 31, 2025, rising from ZiG7,3 million, driven by equity gains. The growth reflects a 45 percent year-on-year increase in the fair value of equity investments, underpinned by the fund’s diversified exposure to both the ZSE All Share…
ZIMPLATS’ tonnes milled grew 15 percent year-on-year during the third quarter to March 31, 2026, due to improvements in the availability and performance of the mechanised fleet and higher volumes of open-pit production. 6E concentrate volumes also increased by 18 percent to 159 000 ounces, with production in the prior comparable period adversely impacted by…
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