Axia takes full control of Transerv
Axia Corporation has taken full control of automotive spares retailer Transerv after buying out the company's minority shareholders in a US$1,08 million share-based deal.
Companies
Dairibord posts US$82m H1 revenue as sales surge 26% on strong domestic demand
Milk processor Dairibord Holdings recorded a 28 percent increase in revenue to US 82.559 million for the first half to…
Read moreFormer BAT Zimbabwe MD Mlambo appointed CZI president
Former British American Tobacco (BAT) Zimbabwe managing director Clara Mlambo has been appointed the Confederation of Zimbabwe Industries (CZI) president.
Read moreStarafrica Q1 revenue jumps 31% as price cuts unlock sugar demand
Starafrica Corporation Limited recorded a 31 percent increase in revenue for the first quarter ended June 2026, as the group’s…
Read moreART Q3 revenue falls 9% as capital constraints, cheap imports drag sales 15% down
Industrial and retail group ART Holdings Limited reported a nine percent drop in turnover to $7.06 million in the third…
Read moreNampak warns of margin squeeze amid global tensions
Packaging manufacturer Nampak Zimbabwe Limited (NZL) – 51.43 percent owned by South Africa’s Nampak Limited – says the ongoing global…
Read moreCAFCA reports 36% surge in raw material costs on global supply shocks
Cable maker CAFCA has reported a 36 percent surge in raw material costs year-to-date driven by global supply chain shocks.
Read moreZimbabwe’s Zed Koudounaris and Michael Fowler turned a Harare chicken shop into a $1.3 billion empire
Innscor's roots run to May 1968, when Michael Fowler's father established TV Sales and Hire, a business selling household appliances…
Read moreWestProp to split business in US$129.8 million restructuring
WestProp Holdings plans to separate its flagship Pomona City land bank from its core property business in a major restructuring…
Read moreTanganda delays half-year financials over shareholder transition
Tanganda Tea Company has delayed publication of its half-year financial results as it completes financial review processes linked to an…
Read moreMeikles retail defies informal sector, narrows losses
In a year when consumer spending remained under pressure and informal traders continued to garner significant market share, Meikles Limited's…
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