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Tuesday, May 26, 2020
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Raynold Mhotseka

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PGM basket price increase spurs Tharisa’s HY 2020 revenue growth

Revenue for the period under review stood at US$194.6 millionGross profit margin was impacted by the significant increase in the stripping ratioPGM...

Loan book growth spurs FCB’s income

Total income increased by 86% in inflation adjusted terms to ZWL253m from ZWL136mOperating expenses expanded 20% to ZWL166m“Due to the lockdown non...

Mashonaland Holdings executive crosses floor

Ndangariro Mutizwa appointed Finance Director of DawnAssumes office with effect from 18 May 2020 Harare - Ndangariro Mutizwa...

New lettings propel FMP’s FY 2019 occupancy rates

Occupancy rates grew to 85.7%Arundel Office Park extension still at preconstruction stageCompany is focusing on driving rental growth, managing operating and maintenance...

Lafarge paints gloomy picture for Q2 performance

Q2 volumes expected to decline by 30%Net effect will be constrained aggregate demand in the core individual homeQ1 volumes 3% above budget