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
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
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
Masimba’s order book rises 2,41% in H1 on public sector projects
The order book represents the total value of contracts that have been secured but are yet to be completed.
By Tatira Zwinoira
Oct. 2, 2024
Drought, declining prices hit Masimba’s order book
Zimbabwe is experiencing the effects of El Niño-induced drought while declining international commodity prices, except for gold, is threatening forex earnings.
By Blessed Ndlovu
Jun. 7, 2024
Masimba sitting on US$104m order book
MHL chairperson Greg Sebborn said the state of infrastructure in the country presented opportunities for the firm.
By Rugare Mubika
Apr. 5, 2023
