Global platinum demand increased to 1.969 million ouncesAn annual deficit of 158,000 ounces expected this yearPlatinum...
1 year ago
Johannesburg - Platinum group metals (PGMs) and chrome miner, Tharisa expects basic earnings per share ('EPS') and head...
Income grew by 33% in real termsExperienced “significant” improvement in bottom-lineConsolidated its local investments...
Added 8.2 million customers to get to 123.7 millionRecorded a net profit of ZAR17.1 billion (US$1.2 billion)Upped divid...
Volumes up 61% on prior comparative quarterThe Group hopeful of a better financial year on current economic stabilityLe...
Turnover up 4% on prior yearSignificant amount of the revenue was received in US DollarsVolumes increased by 19% HAR...
Total income slid by 10% driven by reduction in exchange incomeNet interest and trading income increased by 194%Asset b...
All operations except in Zambia recorded growth in volumesThis is despite lockdown restrictions experienced over the pe...
ZWL and FCY loans grew to ZWL3.2bn and US$6.7m respectivelyNet income of ZWL931m ahead of prior year by 268%The Bank re...
Total revenue declined to ZWL326.1 millionRevenue from core operations increased by 55%Changes in insurance liabilities...
Zimbabwe’s fuel imports up 23% in Q1 2021 from the last quarter of 2020March trade data shows that fuel remained bigges...
PAT increased 161% to ZWL296.4 millionThe Bank’s regulatory capital of ZWL4.1bn above prescribed minimum of ZWL25mSays...
5,470 ounces produced in AprilFull-year guidance maintained between 61,000 ounces and 67,000 ouncesCash balance at Apri...
Profitability was maintained at prior period levelsCapital expenditure was 70% lower than SPLYIssues a bullish full-yea...
Revenue from Zimbabwe operations increased marginally by 2%Impacted Group operating profit margins which dropped from 1...
PAT grew 164% from a loss of ZWL1.6 billion in 2019Net income jumped 14% to ZWL8.1 billionNet fees and commission reced...
HARARE – The price of gold - one of Zimbabwe’s top export earners soared to above US$1,830 per ounce on Monday, which i...
HARARE – Data provided by the Zimbabwe National Statistics Agency (ZIMSTAT) show the country’s exports surging in March...
HARARE – The 2021 tobacco season is booming, and outpacing the prior season’s underwhelming performance in both sales v...
Revenue grew by 17.2% to US$12,293 millionGross profit up 14.8% to US$7,050 millionThe Group expects FY21 normalised EB...
The Zimbabwe Stock Exchange (ZSE)- listed outfit, TSL Limited says it will delay the publication of its full-year results for the fiscal year ended 31 October 2022 to give auditors more time to conclu
Inflation hits a new low, marking an unnoticed impact as the exchange rate is racing to lose its total value. The latest recorded inflation rate is 229.8% YOY and 1.1% MOM according to the national st
The largest digital network group by marketshare, Ecocash Holdings, has recorded growth across all branches marking a clear upward trend in its financial performance. The company directs its positive
The Zimbabwe dollar traded at 801.6023 against the US dollar on the latest Foreign Currency Auction Market held on 31 January 2023 widening month-to-date deficits by 12%. During the previous trading,
The importance of remittances in Zimbabwe cannot be understated. According to a report from The Herald, diaspora remittances grew by 15,9 percent in 2022 to US$1.65 billion. The importance of remittan
China claims it will begin purchasing oil and gas in yuan as 2023 drags on, a move that may eventually put the dollar's position as the world's reserve currency in jeopardy.
Bard Santner, an asset, corporate finance and wealth management firm has launched Gold Coin Unit Trust to support long-term savings by common Zimbabweans and significantly advance financial inclusion
Nampak Limited Zimbabwe, a metal can manufacturing company listed on the Zimbabwe Stock Exchange (ZSE) registered a 1% decrease in profit after tax to ZWL2.61 billion for the year ended 30 September 2
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