ZECO Holdings Limited Reports Improved Shop Occupancy in Real Estate Segment

ZECO Holdings Limited has reported a rise in shop occupancy in its real estate segment, reaching 52.17% in the third quarter ended September 30, 2025, up from 30.77% in the same period last year. The company attributes this growth to intensified marketing efforts and expects occupancy rates to increase further in the coming months.

Financial performance for the quarter showed moderate revenue growth, with ZWG 1,715,383.39 recorded, compared to ZWG 941,913.40 in the prior year. The group’s results are closely tied to the economic environment, which influences operating and production costs. However, the company anticipates a boost in income during the fourth quarter, driven by the festive season and relative economic stability.

Administration expenses accounted for 19.52%, while property expenses were 21.69% for the period. ZECO remains optimistic about stable economic conditions in the final quarter, supported by infrastructure developments and steady commodity prices. The company plans to pursue new market segments and innovate to enhance its competitive position.

“We anticipate an improvement in business as we continue to positively innovate in the competitive environment,” the company stated.

Business

OK Struggles to Stay Afloat Amid Economic Turmoil

OK Zimbabwe Limited has reported significant challenges, including a 52% decline in revenue to US$245 million, due to exchange rate distortions, liquidity constraints, and intensified competition from the informal sector. The company posted a loss of US$25 million for the year ended March 31, 2025, attributed to supply chain disruptions, unstable exchange rates, and increased […]

Read More
Business

Seedco Revenue plummets 39% Amid Market Challenges

Seedco Limited has reported a 39% decline in revenue to US$11.6 million for the half-year ended September 30, 2025, due to timing differences in the agricultural cycle, reduced exports, and a smaller winter wheat season. Despite the challenges, the company maintained a strong focus on cost discipline, resulting in relatively resilient gross margins. Operating expenses […]

Read More
Business

Econet’s Share Price Whemba: Tech Giant Cries Foul Over ZSE Valuation

Econet Wireless Zimbabwe has issued a cautionary statement raising concern about the undervaluation of its share price on the Zimbabwe Stock Exchange (ZSE), which is affecting its ability to raise funds for critical infrastructure and technology upgrades. According to Econet, the market capitalization does not reflect its true value, leading to erosion of shareholder value. […]

Read More