Aggressive expansion offsets contracting average spend
Local operations’ sales were 4% firmer compared to prior year despite a 3% contraction in average customer spend.
By Morgan & Co
Mar. 7, 2025
PPC reports 12% decline in revenue for Zim operations
In a trading update for the 10 months ended January 31, 2025, PPC revealed that local volumes declined 9% in the current period, consistent with the 9% decline at the half-year.
By Tafadzwa Mhlanga
Mar. 4, 2025
Bridging strategy, execution gap
This disconnect between strategic intent and operational reality represents one of the most significant challenges in modern performance management.
By Memory Nguwi
Nov. 22, 2024
‘Delta revenue to grow 10% in FY24’
Delta has continued with its capital expenditure campaign, having spent an indicative US$46 million within the first half of its financial year on capacity upgrades.
By Mthandazo Nyoni
Dec. 1, 2023
Puma Energy Zimbabwe goes green
In June last year, Puma Energy — which has a presence in six continents — set a target to install 200 solar projects across its global network.
By Rugare Mubika
Jun. 23, 2023
Uneconomical tariffs, exchange losses weigh down Econet
Revenue rose to $339,16 billion during the period under from a 2022 comparative of $282,15 billion.
By Staff Reporter
Jun. 2, 2023
Axia revenue seen jumping by 11%
Over the same period, it is anticipated that earnings before interest, taxes, depreciation, and amortisation (EBITDA) will increase 34% to US$31,76 million.
By Rugare Mubika
May. 7, 2023
Caledonia ramps up gold production
Gold production in the period under review grew by 20% to 80 775 ounces (oz), which is a result of a record annual production from its Blanket Mine.
By Mthandazo Nyoni
Mar. 28, 2023
Power outages hit PPC cement sales
Apart from South Africa and Zimbabwe, PPC also has units in Botswana, Ethiopia, the Democratic Republic of Congo (DRC) and Rwanda.
By Mthandazo Nyoni
Mar. 17, 2023
