CONSTRUCTION & PROPERTY

Masimba foretells infrastructure boom, strong earnings

Masimba Holdings, a Zimbabwe Stock Exchange-listed contracting company, expects Zimbabwe's infrastructure sector to recover strongly in the outlook and drive its contracting business.CEO Canada Malung...

By Staff reporter | Published: 17 September 2018

CONSTRUCTION & PROPERTY

Masimba projects cautious outlook

LISTED construction company Masimba Holdings has projected a cautious outlook for its operaions in this year on account of persistent foreign currency constraints that are hampering most business oper...

By Staff reporter | Published: 03 April 2018

CONSTRUCTION & PROPERTY

Strong order book steers Masimba to profitability

MASIMBA Holdings has an active order book of $38,4 million for 2017 which is expected to grow the group's profitability this year. In an update for the first half of 2017, Masimba Holdings chief execu...

By Staff reporter | Published: 21 September 2017

CONSTRUCTION & PROPERTY

Masimba to construct houses in Kariba

Industrial firm Masimba has been given a $15 million contract by IDBZ to build over 1 500 houses in Kariba. At completion the project will facilitate relocation of 391 house-holds who are presently at...

By Staff reporter | Published: 19 September 2017

CONSTRUCTION & PROPERTY

Masimba unbundles, courts foreign investor

Construction firm Masimba Holdings Limited (Masimba) is seeking regulatory approval to unbundle its contracting and manufacturing businesses into two separately listed companies.Greg Sebborn, Masimba ...

By Staff reporter | Published: 07 June 2015

CONSTRUCTION & PROPERTY

Masimba turnover down 25%, blames Chinese

CONSTRUCTION concern Masimba Holdings turnover in the five months to May slipped 25% following a weak performance from the construction division whose turnover is down 33%. Addressing an Annual Gener...

By Staff reporter | Published: 26 June 2014

CONSTRUCTION & PROPERTY

Masimba targets volumes growth

Masimba Holdings is determined to see a profitable construction and growth at Proplastics after recording a 9% drop in sales volumes ,group CEO Canada Malunga told an analyst briefing yesterday."We ar...

By Staff reporter | Published: 27 March 2014

CONSTRUCTION & PROPERTY

Masimba boosts export capacities

Listed construction firm Masimba Holdings Ltd is strengthening its presence in the region and aiming to double its exports this year.Masimba chief executive officer Canada Malunga told analysts this a...

By Staff reporter | Published: 26 March 2014

CONSTRUCTION & PROPERTY

Masimba Holdings acquires a record order book

THE acute liquidity crunch on the market has had a major impact on construction projects, despite Masimba Holdings acquiring a record order book.The company's confirmed order book for the period ended...

By Staff reporter | Published: 30 September 2013

CONSTRUCTION & PROPERTY

Masimba Holdings engages govt on products movement in the region

Masimba Holdings Limited CEO Canada Malunga told an analyst briefing yesterday that the Group is engaging the government on products movement in the region as the group is facing stiff competition fro...

By Staff reporter | Published: 27 September 2013

CONSTRUCTION & PROPERTY

Masimba Holdings report a set of flat numbers

Masimba Holdings Limited reported a set of flat numbers with revenue going up 2.2% to $44m on the back of a 66% contribution from Construction and 34% contribution from Manufacturing. Compared to the ...

By Staff reporter | Published: 27 September 2013

ZSE TODAY

Masimba Holdings continues to firm as ZSE rebounds

Masimba Holdings performance in the year to date rose to 183.33% on Tuesday as the company continued to firm towards the $20 million market capitalisation mark with the price getting closer to its NA...

By Business reporter | Published: 10 June 2013

CONSTRUCTION & PROPERTY

Masimba Holdings to create construction opportunities

Masimba Holdings will focus on developing adequate long-term funding structures in order to help the group exploit developing opportunities in the country as well as to match long term requirement...

By Business reporter | Published: 10 June 2013
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