
Equity Axis News
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Equity Axis is a Fin media & Fintech company offering Economic & Financial Research, Business News, Investor Relations services & Fintech solutions in Africa
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*ZECO’s Occupancy Rate Slumps to 47% in Q1: Anticipates Recovery Just Like All Laggards* ✳️Zeco Holdings' shop occupancy fell to 46.67% in FY2025, down from 69.57%. ✳️The firm remains unprofitable for 15+ years amid poor management and economic woes. https://www.equityaxis.net/post/18419/2025/5/zeco-s-occupancy-rate-slumps-to-47-in-q1-anticipates-recovery-just-like-all-laggards

*Turnall’s Production Declines in Q1 25, Plans Resizing for Efficiency* ✳️Turnall’s Q1 2025 production dropped 18% to 7,357t, with sales down 31% to 5,464t. ✳️Sluggish demand and liquidity constraints drove the decline. https://www.equityaxis.net/post/18418/2025/5/turnall-s-production-declines-in-q1-25-plans-resizing-for-efficiency

*ZiG Weekly Commentary: Daily Losses Mount, Supply Squeeze Fails Stability* ✳️#ZiG has lost 50% of its value since launch, amid RBZ's supply-side controls and rising USD reliance. ✳️Stability needs balanced reforms and real demand support. https://www.equityaxis.net/post/18424/2025/5/zig-weekly-commentary-daily-losses-mount-supply-squeeze-fails-stability

*Highlights 16.05.25* ✳️Eagle REIT Launches on VFEX ✳️Delta’s Revenue Hit Record US$800 Million in FY25 ✳️Zim Fuel Prices Expected to Rise ✳️ZB Launches Twin Digital Payment Solution ✳️Gold Extends Weekly Loss to US$3,220

*Independent Retailers Fuel Afdis’s FY 2025 Sales Volumes Growth* ✳️#AfricanDistillers’ volumes and revenue rose 15% in FY2025, hitting US$59.7M, driven by strong demand and a pivot to independent retailers. https://www.equityaxis.net/post/18416/2025/5/independent-retailers-fuel-afdis-s-fy-2025-sales-volumes-growth

*BAT Q1 Results: Hopeful Outlook Despite Sluggish Start* ✳️Sales volumes fell 25% and cigarette revenue halved in Q1 2025, but profit from operations surged 181% on strong cost control. https://www.equityaxis.net/post/18421/2025/5/bat-q1-results-hopeful-outlook-despite-sluggish-start

*Government's Late Payments Weigh on Masimba's Q1 Performance* ✳️Masimba Holdings’ Q1 2025 revenue fell 43% to $8.1M, hit by unpaid govt debts and heavy rains. ✳️The firm is pivoting to private sector projects for stability. https://www.equityaxis.net/post/18423/2025/5/government-debt-late-payments-weigh-on-masimba-s-q1-performance

*Gold Weekly Round-Up: Why Gold in 2025, A Cross-Asset Perspective* ✳️#US stocks have yet to price in a downturn, while bond yields remain volatile. ✳️In this #climate, #gold offers a strong alternative for #investors. https://www.equityaxis.net/post/18422/2025/5/gold-weekly-round-up-why-gold-in-2025-a-cross-asset-perspective

*FBC Holdings Starts 2025 on Firmer Note, Loan Base Surpasses 9 Billion* ✳️Reported a ZWG 9.56B loan book and ZWG 19.9B in assets in Q1 2025. ✳️Profit before tax hit ZWG 94.5M, boosted by #digital #growth and strong fee income. https://www.equityaxis.net/post/18417/2025/5/fbc-holdings-starts-fy2025-on-firmer-note-reports-loan-base-surpassing-9-billion

*ZB Financial's Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones* ✳️Smile Cash & Smile & Pay launch with zero fees, aiming to rival EcoCash & Zimswitch via a full digital ecosystem. https://www.equityaxis.net/post/18415/2025/5/zb-financial-s-launch-innovative-digital-payment-solutions-how-they-compare-to-existing-ones