Equity Axis

Turnaround Alert: Turnall swings back to profit — US$92,091 in Q3 2025, cutting losses by 91%.
Margins jump to 28%, production +11%. The shift to non-asbestos fibre cement is paying off. Turnall Holdings
🔗 Full story: https://equityaxis.net/post/18641/2025/11/turnall-swings-back-to-profit-in-q3-2025-cuts-loss-by-91

🇿🇼 Zimbabwe Alert: Only 46% of adults hold a bank account, per TN CyberTech’s latest results.
High fees, the 2% IMTT tax, and years of mistrust are pushing millions toward cash and informal savings — even as the bank’s digital overhaul sends profit up 184%.

👇 More:

TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin

🇿🇼 Zimbabwe cuts red tape.
Government scraps 11 business licenses, caps SME fees at $500, halves tourism costs, and slashes property-use fees by 70% — a major push to improve its dismal ease-of-doing-business record.
Officials say the move could boost SME growth by 5%+ in 2025.

🔗 equityaxis.net/post/18639/2025/11/zimbabwe-eliminates-11-licenses-caps-sme-fees-at-500-to-streamline-operations

Prospect pivots from 🇿🇼Zimbabwe’s fading lithium boom to 🇿🇲Zambia’s copper rush.
Falling lithium prices and rising electrification demand are redrawing Africa’s battery🪫 metals map.
Full Analysis here 👉🏽 https://www.equityaxis.net/post/18638/2025/11/prospect-resources-exits-zimbabwe-lithium-operations-invests-in-zambian-copper

🎙️ Zim’s reforms & trade dynamics 📊
👉 This week:
✨ sector regulation overhaul
✨ deficit widens, illusion
✨ Silver exports & RioZim revival
✨ AfCFTA vs Kenya’s push
✨ digital payments
✨ Irrigation boost for food security
📊 *Tune in now!*
https://podcasts.apple.com/zw/podcast/episode-42-regulatory-burden-lifted-a-new-era-for-retail/id1790916388?i=1000735373520

Caledonia Mining ($CMCL) appoints former Thungela CEO July Ndlovu as independent non-executive director. The veteran mining executive, with nearly 30 years in the sector and stints at Anglo American Platinum, is expected to bolster ’s next growth phase.

Regulatory Burden Lifted: Zimbabwe🇿🇼’s Retail Sector at a Crossroads

After years of compliance fatigue and unpredictable policy, Zimbabwe’s retailers are finally seeing relief.

Government’s latest deregulation drive aims to cut costs, simplify operations, and restore investor confidence.

But deregulation isn’t a cure-all. Without currency stability, consistent policy, and stronger consumer demand, the gains could prove short-lived.

Still — the tone has shifted. For once, reform feels consultative rather than coercive.

It’s a subtle but vital shift in a sector that employs thousands and mirrors the pulse of the wider economy.

📊 Full analysis in The AXiS Issue 193, now live on AnyFlip: https://anyflip.com/fqcci/lonf

📈 RioZim’s gold output tells the story: once shining, then sinking — now rising again.
With Renco Mine back online and bullion prices at record highs, the miner’s revival may finally have legs. ⚒️💰

Read the full analysis 🔍
➡️ https://equityaxis.net/post/18637/2025/11/revival-of-riozim-reopens-mines-eyes-profitability-in-soaring-gold-market

ZiG Holds Firm as Reserves Near $1 Billion Milestone
ZiG held steady against the , appreciating 0.5% on the WBWS market to ZWG26.38, driven by robust foreign inflows, tight monetary policy, and government payment deferrals
Surging gold prices above US$4,000 and a 50% rebound in PGMs have fuelLed record production and export earnings, complemented by improved agriculture, power generation
While RBZ reserve building nears US$1 billion, concerns persist over escalating deferred supplier payments exceeding US$1 billion and the need for debt relief