Africa-Press – Zimbabwe. AGRICULTURAL, mining and construction concern Zimplow Holdings Limited has taken major strides in its turnaround journey, posting a 10% revenue improvement in its half-year results to June 2025.
The group narrowed its loss before tax by 37% over the same period last year, reflecting resilience and a stronger foundation for growth.
Chairperson Ben Kumalo credited the improved results to Zimbabwe’s recovery in agriculture, with better maize and tobacco yields lifting farmer incomes.
“Our agriculture-related business units recorded a 59% reduction in losses, a strong sign of recovery,” he said.
The group pursued a deliberate strategy of rationalisation and cost containment. Staff numbers were streamlined, administrative expenses tightly controlled and non-core assets, including outdated equipment, disposed of to free up capital.
Importantly, proceeds from disposals are being reinvested in strategic projects — notably, the development of a new Msasa head office and logistics hub.
This “one-stop-shop” centre of excellence will anchor Zimplow’s mining and logistics businesses for years to come.
Group chief executive officer Willem Swan highlighted the importance of new financing arrangements that have strengthened stock levels ahead of the 2025/26 agricultural season.
“We have positioned ourselves to meet the mechanisation requirements of farmers and mining sector demand with the right products at the right time,” he said.
While inflation and grey imports continue to challenge the market, Zimplow is addressing these with strong supply chain management, efficiency measures and risk averse strategies.
These deliberate actions, management says, are laying the groundwork for a return to profitability.
With a sharpened focus on execution and stakeholder trust, Zimplow is emerging stronger, demonstrating that it can adapt, realign and seize opportunities even in a tough operating environment.
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