Nampak Zimbabwe profit surges 57% in FY25
PACKAGING firm Nampak Zimbabwe Limited has posted a 57,25% increase in profit after tax, reaching US$7,81 million for the financial…
Category: Markets
Stock market news, analysis, and trends, JSE, ZSE,Stock market news, analysis, and trends
Willdale strikes big after reclaiming prime Mt Hampden land
BRICK manufacturer Willdale Limited has accelerated plans to develop an industrial commercial park after successfully regaining possession of its Mt…
Seed Co International narrows loss on cost cuts
SEED Co International Limited (SCIL), the foreign currency-earning subsidiary of the Seed Co Group, slashed its interim loss by nearly…
Tanganda offloads assets, axes jobs in US$7m survival bid
TEA producer, Tanganda Tea Company Limited, will dispose of non-core assets and secure bridging finance as it seeks to raise…
SECZim eyes stronger capital market in 2026
Zimbabwe’s capital markets are poised for deeper transformation in 2026, driven by ongoing regulatory reforms, new disclosure requirements and strengthened…
Econet begins process to improve ‘grossly undervalued’ share price
TELECOMS firm Econet Wireless Zimbabwe (Econet) has begun evaluating potential corporate actions to address what it calls a “grossly undervalued”…
Mutapa Fund to list top performers on stock exchange
The Government says some of the top-performing State-owned enterprises under the Mutapa Investment Fund will be listed on the stock…
Delta hands over US$60k classrooms to uplift Sanya Primary
DELTA Corporation has handed over modern classrooms at Sanya Primary School worth US$60 000, enhancing educational infrastructure in Muzarabani dsistrict,…
Edgars bemoans increased duty on fabrics, Calls for further consultations within the value chain
ZIMBABWE Stock Exchange (ZSE)-listed clothing retailer, Edgars Stores Limited, has expressed concern over the increased duty on fabrics, warning that…
Namib Minerals’ US$400m investment plan gathers steam
NASDAQ-listed Namib Minerals needs between US$300 million and US$400 million to finance its multi-asset expansion programme in Zimbabwe. This comes…