The Biggest Companies In Zimbabwe | TOP 5
Автор: Top 5 Zimbabwe
Загружено: 2023-06-20
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Claiming the coveted first position is Delta, the largest company in Zimbabwe, with an impressive market cap of ZWL$ 111.3 billion (USD 742.2 million). Delta Corporation Limited is an integrated beverage company, renowned for its diverse portfolio of local and international brands in lager beer, traditional beer, Coca-Cola franchised sparkling beverages, and alternative non-alcoholic beverages. Witness how Delta has solidified its leading position and experienced a staggering 142% growth in US$ terms over the last 15 months.
Securing the second spot is Econet Zimbabwe, boasting a remarkable market cap of ZWL$ 99.1 billion (USD 660.7 million). As a Telecommunications, Media, and Technology (TMT) company, Econet Wireless Zimbabwe is the country's largest provider of telecommunications services, specializing in voice, data, and SMS. Explore their journey from being number 3 on last year's list to their impressive growth of 157%.
At number three, we have CBZ Holdings, a prominent financial services company operating in Zimbabwe. With a market cap of ZWL$ 54.9 billion (USD 366.6 million), CBZ Holdings offers a comprehensive range of financial services, including retail and commercial banking, treasury services, group investment banking, asset management, short- and long-term insurance, security trading, and property investments. Marvel at their outstanding growth of 303% in market cap over the past 15 months.
Securing the fourth position is Innscor Africa Limited, with a market cap of ZWL$ 53.8 billion (USD 358.8 million). Innscor Africa is a renowned manufacturer of consumer staple and durable goods for the mass market, boasting a strategic and integrated portfolio of businesses. Their subsidiaries include National Foods Holdings Limited, Colcom Holdings Limited, Irvine's Zimbabwe (Private) Limited, Natpak (Private) Limited, Profeeds (Private) Limited, and Probrands (Private) Limited. Discover how Innscor Africa has maintained its position as number 4 and experienced a substantial 132% increase in market cap over the past 15 months.
Next on the list is Cassava Smartech Zimbabwe, the fifth largest company in Zimbabwe, with a market cap of ZWL$ 51.8 billion (USD 345.4 million). Cassava Smartech, formed after the demerger of Econet Wireless Zimbabwe, is a diversified smartech group committed to utilizing digital solutions to drive socio-economic development and enhance the quality of life for Africans. Their major units include Ecocash, Steward Bank, Econet Insurance, and Econet Life. Uncover their growth story, with a 31% increase in US$ market cap over the past 15 months.
National Foods, Zimbabwe's largest food manufacturer, enters the list at number six with a market cap of ZWL$ 35.6 billion (USD 237.1 million). Established in 1920, National Foods produces a wide range of basic food products, including maize meal, flour, cooking oil, snacks, pasta, and more. Their popular brands include Red Seal, Pearlenta, Gloria, Mahatma, and ZimGold. As a new entry on the top 10 list, National Foods brings its unique perspective to the market.
Hippo Valley Estates, an agriculture and agro-processing company, secures the seventh spot with a market cap of ZWL$ 33.8 billion (USD 225.2 million). As a subsidiary of Tongaat Hulett Limited, Hippo Valley Estates specializes in sugarcane farming, milling, and ethanol production. With a rich history spanning over a century, Hippo Valley Estates plays a crucial role in Zimbabwe's agricultural sector.
Meikles Limited, a well-established company invested in agriculture, hotels, and retail, lands at number eight with a market cap of ZWL$ 22.3 billion (USD 148.3 million). Meikles Limited operates through its subsidiaries, including Tanganda Tea Company, TM Supermarkets, and Meikles Hotel, among others. Witness their enduring presence in the market and their commitment to excellence.
Simbisa Brands, a leading quick-service restaurant operator, takes the ninth position with a market cap of ZWL$ 22.2 billion (USD 148 million). Simbisa Brands owns and operates a diverse portfolio of popular brands such as Chicken Inn, Pizza Inn, Nando's, and Steers, among others. Explore their impact on the food service industry and their expansion plans.
Rounding out the top 10 is OK Zimbabwe, a prominent supermarket retailer, with a market cap of ZWL$ 19.9 billion (USD 132.6 million). OK Zimbabwe operates a retail network of outlets, including supermarkets, hypermarkets, and convenience stores, offering a wide range of products and services to customers across Zimbabwe. Witness their journey and commitment to delivering quality and value.
There you have it—the top 10 biggest companies in Zimbabwe! These companies are not only shaping the country's economy but also making a significant impact on various sectors.
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