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
