The Markets Ledger

Zimre resumes CFI earnings recognition after turnaround

Zimre Holdings (Zimre) has resumed recognising earnings from its 41,08 percent investment in CFI Holdings after the associate returned to profitability in 2025, marking a turnaround for an investment that had previously been fully impaired.

CFI profits hit by informal sector

CFI Holdings says growing competition from Zimbabwe’s informal sector squeezed profit margins during the six months ended 31 March 2026, even as revenue rose on the back of strong agricultural demand.

CFI posts strong revenue growth

CFI Holdings recorded strong revenue growth for the six months to 31 March 2026, but a sharp decline in bottom line earnings prompted the board to withhold an interim dividend as the group continues to manage its debt position.