ZIMBABWE Stock Exchange-listed engineering company, Zeco Holdings (Zeco), says it recorded a 30 percent growth in business volumes during the quarter ended September 30, 2021, driven by the recent infrastructure boom in Zimbabwe.
The company has not made a profit since 2009, amid subdued infrastructure development.
“The company experienced a slight increase in business volumes of 30 percent during the period compared to the same quarter last year,” the company said last week in a trading update.
“This was mainly because there was a significant number of construction projects in and around Harare. In addition, stalled projects were now being resumed due to the easing of Covid-19 restrictions during the third quarte
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