Zimbabwe’s highest-grossing companies

Zimbabwe’s highest-grossing companies

Zimbabwe’s economy is diverse, with key sectors including mining, agriculture, manufacturing, retail, and financial services. Several companies dominate the market, generating high revenues and significantly contributing to the country’s GDP. Here are some of Zimbabwe’s highest-grossing companies across various industries:

1. Delta Corporation Limited (Beverages & Brewing)

Delta Corporation is Zimbabwe’s largest beverage manufacturer and a subsidiary of Anheuser-Busch InBev. It produces soft drinks, beers, and other alcoholic beverages under brands such as Castle Lager, Chibuku, and Coca-Cola products. Delta Corporation has a strong market presence and extensive distribution networks, making it one of the country’s top earners.

2. Econet Wireless Zimbabwe (Telecommunications)

Founded by Strive Masiyiwa, Econet Wireless is Zimbabwe’s leading telecom company, offering mobile and internet services. The company generates substantial revenue through its extensive mobile subscriber base and services such as EcoCash (a mobile money platform), broadband, and digital banking.

3. CBZ Holdings (Banking & Financial Services)

CBZ Holdings is one of Zimbabwe’s largest financial institutions, providing banking, insurance, and investment services. It plays a crucial role in the country’s financial sector, attracting significant deposits and investments. The bank’s performance is influenced by its wide range of services and customer base.

4. Zimplats Holdings Limited (Mining & Resources)

Zimplats, a subsidiary of Impala Platinum, is Zimbabwe’s largest platinum mining company. The company produces platinum group metals (PGMs), including platinum, palladium, and rhodium, which are exported globally. Zimbabwe has some of the world’s largest platinum reserves, and Zimplats remains a key contributor to national export earnings.

5. Zimbabwe Consolidated Diamond Company (ZCDC) (Mining & Resources)

ZCDC is a state-owned enterprise responsible for diamond mining in Zimbabwe. The country has large diamond reserves, particularly in the Marange fields, making ZCDC one of the highest revenue-generating companies in the mining sector.

6. Padenga Holdings Limited (Agriculture & Exports)

Padenga Holdings specializes in crocodile farming and exports high-quality crocodile skins used in luxury fashion. The company supplies major brands in Europe and the U.S., making it a key foreign exchange earner. Padenga has also diversified into gold mining, further boosting its revenues.

7. National Foods Limited (Manufacturing & Agribusiness)

National Foods is one of Zimbabwe’s largest food manufacturing companies, producing flour, maize meal, rice, and cooking oil. It has strong distribution networks and remains a major supplier of essential food products in the country.

8. Simbisa Brands Limited (Retail & Fast Food)

Simbisa Brands operates Zimbabwe’s largest fast-food chain, including Chicken Inn, Pizza Inn, Creamy Inn, and Nando’s (franchise). The company has expanded into regional markets, further increasing its revenue.

9. Seed Co Limited (Agriculture & Biotechnology)

Seed Co is the leading seed producer in Zimbabwe and across Africa. It specializes in maize, wheat, and vegetable seeds, supporting agricultural productivity. The company generates revenue through domestic sales and exports to regional markets.

10. OK Zimbabwe Limited (Retail & Supermarkets)

OK Zimbabwe is one of the largest supermarket chains in the country, operating OK Supermarkets, Bon Marché, and OKmart. The company benefits from strong consumer demand for groceries and household goods.

These companies play a vital role in Zimbabwe’s economy, with strong revenue streams from local and international markets. Their performance is often influenced by economic conditions, government policies, and global commodity prices.