Zimra strikes again…two listed firms face US$4m backdated tax bill
Critics contend that some assessments are based on interpretations that were not clearly established in legislation at the time taxpayers complied.
By Blessed Ndlovu
Jun. 19, 2026
Masimba faces fresh US$2,47m tax bill
These assessments, which cover value-added tax (VAT) and income tax, were recognised in the group’s 2025 financial statements for the period ended
By Tatira Zwinoira
Jun. 16, 2026
Masimba invests US$2m in construction equipment
In its financial results for the year ended December 31, 2025, the group did not provide specific capital expenditure guidance for the current year.
By Concilia Mupezeni
Jun. 12, 2026
Masimba seeks approval for a 10% share buyback
If approved, the authority will remain in force until the next AGM and will not extend beyond 15 months from the date of the resolution.
By Tatira Zwinoira
Jun. 10, 2026
Exclusive office parks report strong uptake as Zimbabwe CBDs ‘decay’
Masimba Holdings chairman Gregory Sebborn said refurbishment works temporarily dented rental income in the period under review, but would support future growth.
By Mthandazo Nyoni
Apr. 17, 2026
Masimba seeks payment plans as liquidity squeeze tightens
The move comes as Masimba’s order book stands at US$278 million, underpinned by new contracts across mining, construction, housing development and roads.
By Blessed Ndlovu
Apr. 10, 2026
Masimba eyes sustained profitability into 2026
The firm said its order book also remained strong, with continued diversification, positioning the company for sustained growth.
By Melody Chikono
Nov. 11, 2025
Harare–Masvingo–Beitbridge highway nears completion in major infrastructure push
Local contractors, including Fossil Contracting Company and Masimba Holdings, are racing against the onset of the rainy season to complete their sections.
By Freeman Makopa
Oct. 8, 2025
Masimba bemoans liquidity crunch
Consequently, revenues for the year were US$56,1 million compared to 2023’s US$53,8 million, representing a 4% growth.
By Lee Musaidzi
Apr. 2, 2025
