Company News

2 months ago | June 7, 2019

Powertel returns to profitability

Internet service provider (ISP), Powertel returned to profitability last year, recovering from a loss of US$3 million in ...

Did you know? Dissecting the African Sun

History of the Zimbabwe Stock Exchange (ZSE) listed hotel investment company, African Sun (ASUN.zw), stretches back to ...

CBZ income jumps 43pc to $83,4m

FINANCIAL services group, CBZ Holdings total income jumped 43 percent to $83,4 million during the four months to April ...

Padenga eyes forex generating businesses

Zimbabwe Stock Exchange-listed entity Padenga Holdings, says it is trying to leverage on the foreign currency it gets ...

2 months ago | May 31, 2019

Fresh lease of life for David Whitehead

Local firm, Agri Value Chain (AVC), has acquired a 52 percent stake in David Whitehead Textile Ltd (DWTL) for $5,4 ...

Did you know?

Zimbabwe Stock Exchange (ZSE) listing British American Tobacco Zimbabwe Holdings Limited (BATZ) has a history directly ...

NMBZ operating income below budget

Banking firm, NMBZ Holdings Limited’s operating income for the four months to 30 April, 2019 was 22,7 percent below ...

3 months ago | May 3, 2019

BAT in triple whammy battle

You only have to listen to British American Tobacco managing director Clara Mlambo to understand the impact that the ...

Did you know?

Zimre Holdings Limited, a Zimabwe Stock Exchange-listing trading as ZIMR.zw, is an investment holding company that ...

Debt reduction strategy pays off for Brainworks

Brainworks a Mauritian-based JSE-listed holding company with a Zimbabwean hotel and real estate investment portfolio — ...

3 months ago | April 17, 2019

First Capital Bank’s profit up 23pc. . . despite turbulent 2nd half

First Capital Bank recorded steady growth across the board registering a 23 percent growth in profit after tax for the ...

FBC Re Mauritius set to commence operations

Financial services group FBC Holdings Limited has finalised and satisfied all regulatory requirements for the setting up ...

Did you know? Powerful Masimba’s upward trudge

Zimbabwe Stock Exchange (ZSE)-listed contracting group which provides services in civil engineering, residential and ...

3 months ago | April 12, 2019

Did you know? Zimplow’s triumph

Genesis of Zimbabwe Stock Exchange (ZSE)-listed paramount manufacturer and distributor of farming equipment in Zimbabwe ...

Padenga diversifying into macadamia?

Crocodile skins and meat producer Padenga Holdings Limited is mulling diversifying into an alternative export-oriented ...

4 months ago | March 29, 2019

Edgars’ Carousel pursues exports . . . as Zim becomes competitive

Leading Zimbabwean clothing retailer, Edgars Stores Limited, is actively pursuing growth in exports to earn foreign ...

Did you know? Long journey of seed giant, Seed Co

The now internationally acclaimed Zimbabwe Stock Exchange listed seed company with extensive breeding, production and ...

4 months ago | March 22, 2019

Justice Bere in Meikles judgment storm

Meikles Limited executive chairman John Moxon has appealed to the Judicial Ethics Advisory Committee decision absolving ...

Agribank looks for strategic partner . . . US$25m injection required

Government has given the green light to State-owned Agriculture Development Bank, Agribank, for it to start scouting for ...

Dairibord to exit Malawi

Dairibord Holdings Limited has finally decided to offload its loss making subsidiary Dairibord Malawi after efforts to ...