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Zimplow revenue down 12% on the back of drought

Apart from the agricultural segment, Zimplow operates in the mining and infrastructure equipment and service sector as well as the logistics and automotive sector.
By Tatira Zwinoira Nov. 21, 2024

Zimplow to ‘rationalise staff’ as part of cost-cutting measures

Typically, rationalising staff includes either a company reducing the number of its employees or reorganising roles to improve efficiency.
By Melody Chikono Oct. 1, 2024

Zimplow appoints Kumalo as new chairperson

Zimplow noted that Manhambara had contributed immensely to its achievements from the time he joined the board in January 2013.
By Business Reporter Aug. 21, 2024

Zimplow looks to 50% increase in turnover for mining business unit

The decrease in volumes, Swan added, emanated from reduced orders from various mining houses due to a reduction in global mineral prices.
By Melody Chikono Jul. 5, 2024

Zimplow ventures into solar business

The joint venture will provide an alternative revenue stream for Powermec.
By Melody Chikono Jul. 5, 2024

Zimplow completes Barzem acquisition

Zimplow said TPS has created a footprint in the supply of filtration, lubricants and mining ground engaging tools as well as securing service level agreements with key operators.
By Melody Chikono Apr. 30, 2024

Zimplow to increase mining, infrastructure interest

Nyakudya said within the next month, the firm would have concluded the acquisition of shares of the other partner.
By Freeman Makopa Nov. 23, 2023

Zimplow close to sealing Barzem deal

This move is set to drive the performance of the group’s new business, Tractive Power Solutions (TPS), an entity set up in order to provide earthmoving and heavy equipment solutions to its clientele.
By Melody Chikono May. 23, 2023

Zimplow needs US$36m to fulfil forex obligations

A gearing ratio is a general classification describing a financial ratio that compares some form of owner equity (capital) to funds borrowed by the company.
By Melody Chikono May. 12, 2023