ART narrows losses, revenue up 6pct
Amalgamated Regional Trading (ART) Holdings reported improved performance and stronger revenue for the six months ended 31 March 2026, although the group remained in the red before tax due to a loss booked on the disposal of discontinued assets.
ART board chairman Wushe resigns
Amalgamated Regional Trading (ART) board chairman Thomas Utete Wushe has resigned with effect from 4 May 2026.
ART raises US$1m from assets disposal
The group – disposing machinery and underutilized property related to the Kadoma Maper Mills, and underutilized land and properties in Mutare and Harare – is currently rationalising its portfolio by exiting underperforming and non-strategic units in favour of segments with stronger prospects.