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Zimpapers
On this page
Company details
- Legal name
- Zimbabwe Newspapers (1980) Limited
- Listing
- ZIMP.ZW on the Zimbabwe Stock Exchange, active · ISIN ZW0009011595 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
Read with these figures
- Auditor's emphasis of matter. Emphasis of matter — Ongoing forensic audit for the years ending 2020 to 2024: the auditor draws attention to note 33, which details an ongoing forensic audit not concluded at the date of approval; its outcome, including any adjustments or disclosures, cannot presently be determined and no adjustments have been made; the opinion is not modified in respect of this matter (p83).
- Going-concern uncertainty stated by the directors. The directors state that a continuous assessment of the ability of the Company to continue as a going concern will need to be performed under the current economic environment, while concluding the going concern basis is appropriate (p87); the auditor reports no material uncertainty.
Full wording and sources
Auditor's emphasis of matter
Emphasis of matter — Ongoing forensic audit for the years ending 2020 to 2024: the auditor draws attention to note 33, which details an ongoing forensic audit not concluded at the date of approval; its outcome, including any adjustments or disclosures, cannot presently be determined and no adjustments have been made; the opinion is not modified in respect of this matter (p83).
Source: Zimbabwe Newspapers (1980) Limited Annual Report 2025 (dated 2026-04-01)
Going-concern uncertainty stated by the directors
The directors state that a continuous assessment of the ability of the Company to continue as a going concern will need to be performed under the current economic environment, while concluding the going concern basis is appropriate (p87); the auditor reports no material uncertainty.
Source: Zimbabwe Newspapers (1980) Limited Annual Report 2025 (dated 2026-04-01)
-
Revenue
ZWG 622 million
622,105,526 ZWG units · p89
−15.5% vs 2024
-
Operating profit / (loss)
−ZWG 74.6 million
(74,571,292) ZWG units · p89
Change not shown.
-
Profit / (loss) for the year
−ZWG 83.5 million
(83,457,491) ZWG units · p89
Change not shown.
-
Total assets
ZWG 600 million
600,286,279 ZWG units · p88
+1.5% vs 2024
-
Total equity
ZWG 258 million
258,249,083 ZWG units · p88
−24.4% vs 2024
-
Cash from operations
−ZWG 16.7 million
(16,694,474) ZWG units · p90
−147.6% vs 2024
Large amounts are rounded for reading (ZWG million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Not shown: the prior-year figure is zero or negative.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in ZWG units unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Revenue | 622,105,526 | 736,510,190 |
| Cost of sales | (321,309,385) | (329,216,745) |
| Gross profit | 300,796,141 | 407,293,445 |
| Other income | 16,644,890 | 13,400,630 |
| Selling and distribution expenses | (63,035,376) | (75,865,330) |
| Administrative expenses | (328,976,947) | (362,081,221) |
| Operating loss | (74,571,292) | (17,252,476) |
| Finance costs | (11,878,976) | (3,641,382) |
| Finance income | 3,882 | 33,981 |
| Net monetary loss1 | (19,621,496) | (12,270,879) |
| Exchange gain/(loss) | 9,766,347 | (22,603,479) |
| Loss before income tax | (96,301,535) | (55,734,235) |
| Income tax credit | 12,844,044 | 33,997,237 |
| Loss for the year | (83,457,491) | (21,736,998) |
| Revaluation (defi cit) /surplus2 | –3 | (71,984,173) |
| Tax on revaluation4 | –3 | 18,535,924 |
| Other comprehensive loss for the year net of tax | –5 | (53,448,249) |
| Total comprehensive (loss)/ income for the year | (83,457,491) | (75,185,247) |
- Printed “-”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (3)
- “Net monetary loss” is an issuer-specific line, not mapped to a shared definition: IAS 29 loss on the net monetary position.
- “Revaluation (defi cit) /surplus” is an issuer-specific line, not mapped to a shared definition: OCI item not reclassified to profit or loss.
- “Tax on revaluation” is an issuer-specific line, not mapped to a shared definition: Tax on the OCI revaluation item.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Property, plant and equipment | 440,088,570 | 452,815,334 |
| Intangible assets | 6 | 29,219 |
| Long term investment1 | 1,487 | 9,720 |
| Non current assets (unlabelled subtotal) | 440,090,063 | 452,854,273 |
| Inventories | 6,115,440 | 11,221,353 |
| Trade and other receivables | 143,634,998 | 115,189,448 |
| Financial assets at fair value through profi t or loss | 427,606 | 768,581 |
| Cash and bank balances | 10,018,172 | 11,589,108 |
| Current assets (unlabelled subtotal) | 160,196,216 | 138,768,490 |
| Total assets | 600,286,279 | 591,622,763 |
| Share capital | 213,145 | 213,145 |
| Revaluation reserve | 268,712,797 | 268,712,797 |
| Retained earnings | (10,676,859) | 72,780,632 |
| Total equity | 258,249,083 | 341,706,574 |
| Long term borrowings | 11,877,157 | 6,623,162 |
| Deferred tax | 86,327,535 | 73,483,491 |
| Non-current liabilities (unlabelled subtotal) | 98,204,692 | 80,106,653 |
| Trade and other payables | 230,404,365 | 164,880,755 |
| Short term portion of borrowings | 8,847,883 | 4,507,724 |
| Bank overdraft | 4,580,256 | 421,057 |
| Current liabilities (unlabelled subtotal) | 243,832,504 | 169,809,536 |
| Total liabilities | 342,037,196 | 249,916,189 |
| Total equity and liabilities | 600,286,279 | 591,622,763 |
Notes and alternative reported figures (1)
- “Long term investment” is an issuer-specific line, not mapped to a shared definition: Note 7.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Cash generated from operations | (16,694,474) | 37,631,184 |
| Income taxes paid | –1 | (2,577,617) |
| Net cash (utilised in)/ generated from operating activities | (16,694,474) | 35,053,567 |
| Acquisition of property, plant and equipment | (27,586,946) | (10,140,739) |
| Proceeds on disposal of property, plant and equipment | 3,020,085 | 1,457,604 |
| Finance income | 3,882 | 33,981 |
| Net cash utilised in investing activities | (24,562,979) | (8,649,154) |
| Finance costs2 | (11,878,976) | (3,641,382) |
| Repayment of long term borrowings3 | 5,253,995 | 1,323,958 |
| Repayment of short term borrowings4 | 4,340,159 | (7,649,103) |
| Net cash utilised in financing activities | (2,284,822) | (9,966,527) |
| (Decrease)/ Increase in cash and cash equivalents during the year | (43,542,275) | 16,437,886 |
| Effect of infl ation on cash and cash equivalents5 | 37,812,140 | (5,186,039) |
| Cash and cash equivalents at the beginning of the year | 11,168,051 | (83,796) |
| Cash and cash equivalents at the end of the year | 5,437,917 | 11,168,051 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
Notes and alternative reported figures (4)
- “Finance costs”: mapping to a shared definition is uncertain. Printed 'Finance costs' in financing activities (second printing on the page); equals the income-statement finance costs.
- “Repayment of long term borrowings” is an issuer-specific line, not mapped to a shared definition: Financing line as printed; the amounts are printed as positive figures that add to the financing total.
- “Repayment of short term borrowings” is an issuer-specific line, not mapped to a shared definition: Financing line as printed; 2025 printed positive, 2024 negative, both added in the financing total.
- “Effect of infl ation on cash and cash equivalents” is an issuer-specific line, not mapped to a shared definition: IAS 29 reconciling item between opening and closing cash.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Zimbabwe Newspapers (1980) Limited Annual Report 2025
Year ended 31 December 2025 · Annual report · signed / final
Audit: Grant Thornton, Chartered Accountants (Zimbabwe), unmodified opinion · signed
Auditor's sign-off: Grant Thornton, James Marambire, Partner, Registered Public Auditor (PAAB No: 0846)
Final status: Independent auditor's report signed in handwriting 'Grant Thornton' above James Marambire, Partner (PAAB 0846), with the handwritten date '1 April 2026' (PDF p86, page image). Board approval date handwritten '27 MARCH 2026' with handwritten signatures of Mr W. Chikoto (CEO) and Mrs D. Sibanda (Chairperson) (PDF p87); the statement of financial position is signed by both (PDF p88).
- Document date
- 1 Apr 2026
- Published
- 26 Jun 2026
- Auditor's report
- 1 Apr 2026
- Board approval
- 27 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · ZWG units (printed “ZWG”)
- Closing cash and cash equivalents in the cash-flow statement (5 437 917, p90) differ by 1 from cash and bank balances less bank overdraft on the statement of financial position (10 018 172 - 4 580 256 = 5 437 916, p88); a rounding difference, kept as printed (checked on the page images).
- Financing lines 'Repayment of long term borrowings' (5 253 995; 2024: 1 323 958) and 'Repayment of short term borrowings' (4 340 159; 2024: (7 649 103)) are printed with signs that add to the financing total despite the 'repayment' label (p90); kept as printed under issuer-native concepts.
- Four columns are printed: inflation adjusted 2025 and 2024 and historical cost 2025 and 2024 (pp88-90). The auditor's opinion refers to the inflation adjusted financial statements (p83).
- Earnings per share printed in ZWG cents ((14.49); 2024: (3.77)); diluted printed identically; stored in ZWG (÷100) with the printed figure and unit kept.
Technical details
- File
- 136 pages, with a text layer
- SHA-256
2f535262e61084a409bd29e9c34aded6766d548773ec565c4b4bd035aa041bca- Entity as printed
- Zimbabwe Newspapers (1980) Limited (the Company)
- Exchange copy
- retrieved 2026-10-08T18:05:48Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.