If you want to know about the reputed companies in Zimbabwe, we can provide you the information. Just go through the article. We hope you will catch on the details. You can access the information here.
There are several business structures in Zimbabwe. These are sole proprietorships, private companies limited by shares or guarantee, public limited companies, unlimited companies, statutory corporations, branches of foreign legal entities and partnerships.
WestProp Holdings Limited
WestProp Holdings Limited is a Zimbabwe-based real estate company that offers a range of property services, including property development, sales, leasing, and property management. The company was established in 2007 and has a portfolio of prime land and properties in Harare. WestProp Holdings is the first real estate company to be listed on the Victoria Falls Stock Exchange (VFEX).
Innscor Africa Limited
Innscor Africa Limited is the biggest manufacturing company in Zimbabwe. Innscor Africa Limited is a manufacturer of consumer staple and durable goods for the mass market through a managed and where strategically appropriate, integrated portfolio of businesses. Its units include National Foods Holdings Limited, Colcom Holdings Limited, Irvine’s Zimbabwe (Private) Limited, Texas Meats, Natpak (Private) Limited, Profeeds (Private) Limited and Probrands (Private) Limited. Innscor is listed on the Victoria Falls Stock Exchange.
Simba Brands
Simba Brands specializes in fast food services. The company was formerly a division of the Innscor Africa Limited Group. Simbisa Brands Limited is the largest fast-food restaurant operator in Zimbabwe and owns, operates and franchises a selection of well-known Quick Service Restaurant brands. These include Pizza Inn, Chicken Inn, Bakers Inn, Creamy Inn, Nandos and Steers. Simbisa Brands Limited has an extensive footprint in Africa, with outlets in Zimbabwe and 10 African countries including Kenya, Ghana, Mauritius, Botswana, DRC, Malawi, Swaziland, Lesotho and Zambia. Simbisa Brands is listed on the Victoria Falls Stock Exchange. Its market cap has increased from US$122 million, an increase of 67%.
CBZ Holdings
CBZ Holdings is one of the largest company in Zimbabwe. CBZ Holdings offers the full spectrum of financial services. From retail and commercial banking to treasury services, group investment banking and asset management, short- and long-term insurance, security trading and property investments. One of the largest units of CBZ holdings is CBZ Bank which is one of the largest commercial banks in Zimbabwe. The other units of CBZ Holdings are CBZ Capital (Datvest), CBZ Insurance and CBZ Life. CBZ Holdings is listed on the Zimbabwe Stock Exchange. CBZ Holdings has a market cap of US$91 million. Its market cap has increased by 52% over the past year.
Econet Wireless Zimbabwe
Econet Wireless Zimbabwe is a mobile telecommunications, technology and digital solutions company operating in Zimbabwe. It is Zimbabwe’s largest provider of telecommunications services with voice, data and sms as its core service offerings. Econet is listed on the Zimbabwe Stock Exchange. It has a market cap of US$413 million, Its market cap has declined by 67%.
National Foods Holdings
National Foods Holdings is Zimbabwe’s largest food manufacturer. The company produces a broad range of basic foods including maize meal, flour, cooking oil, margarine, rice, salt, snacks, biscuits, pasta, sugar beans, baked beans, popcorn, as well as soap and a full range of animal feed. National Foods popular product brands include Red Seal, Pearlenta, Gloria, Mahatma, Better Buy, ZimGold, National Foods Stockfeeds, Iris and Zapnax. National Foods Holdings is listed on the Victoria Falls Stock Exchange. Its market cap has declined from US$136 million, a 25% decline over the last year.
EcoCash Holdings
EcoCash Holdings is a Zimbabwe based financial technology company that provides mobile payment, digital banking, e-commerce, telehealth, and other solutions through its subsidiaries. Ecocash Holdings was formed after the demerger of Econet Wireless Zimbabwe. The major units of Ecocash Holdings are Ecocash, Steward Bank, Econet Insurance, Econet Life and Vaya Technologies. Ecocash is listed on the Zimbabwe Stock Exchange. Its market cap has decreased from US$135 million over the past year, a 46% decline.
FBC Holdings Limited
FBC Holdings Limited is a Zimbabwean financial services company that offers a range of services through its subsidiaries, including commercial banking, mortgage financing, stockbroking, microlending, and insurance. It offers diverse financial services through its subsidiaries, FBC Bank Limited, FBC Building Society, FBC Reinsurance Limited, FBC Securities (Private) Limited, FBC Insurance Company (Private) Limited and MicroPlan Financial Services (Private) Limited. FBC Building Society is a mortgage finance institution mandated to mobilize savings and to promote homeownership in Zimbabwe. It is listed on the Zimbabwe Stock Exchange. Its market cap has increased from US$52 million, an increase of 28%.
Seed Co Limited
Seed Co Limited is a public company listed on the Victoria Falls Securities Exchange (VFEX). It is the leading certified seed company authorised to market seed varieties developed by itself, government and other associated seed breeders in over fifteen (15) African countries. It has maintained a strong market share among communal and commercial farmers from years of intensive investment in Research & Development. The Company is involved in the breeding, multiplication and distribution of mainly hybrid seed varieties for the following crops: maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts and vegetables. Its market cap has increased from US$61 million, a 111% increase over the past year.
Cassava Smartech
Cassava Smartech Zimbabwe Limited was formed after the demerger of Econet Wireless Zimbabwe. Cassava Smartech is a diversified smartech group, with a mandate to use digital solutions to drive socio-economic development, and to improve the overall quality of life for all Africans. The major units of Cassava Smartech are Ecocash, Steward Bank, Econet Insurance and Econet Life. It’s market cap has increased from US$264 million over the past 15 months, which is a 31% increase in US$ terms.
Conclusion
From construction to telecommunications, there are many ways to get involved in the business sector in Zimbabwe. Whether you are a veteran trader or a newcomer to the industry, there is a business opportunity that could be right for you. With careful planning and a strong understanding of the local market, you can build a profitable and sustainable company in Zimbabwe.
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