Unifreight Africa H1 Revenue Soars 231%

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Unifreight Africa reported a 231% year-on-year revenue increase to ZWG 545.5 million for the half-year ended June 30, 2025, driven by cross-border operations and growth in Beira Corridor trade. Profit before tax rose 154% to ZWG 51.6 million, supported by a ZWG 150.7 million tax credit. Higher costs, narrowed margins, with EBITDA declining to 18.5%. Management credited regional expansion for the gains but highlighted inflation, high interest rates, and liquidity pressures as ongoing challenges.