Companies

Companies

Meikles Limited paints upbeat outlook amid robust revenue growth

Diversified ZSE-listed outfit, Meikles Limited Zimbabwe remains optimistic about future growth prospects after displaying commendable revenue growth and hospitality performance for the third quarter e

Feb 16, 2023
Zimbabwe
Bindura Nickel Corporation Volumes slump

The Company suffers a slump in volume performance following a major breakdown that was experienced on a Sub-vertical Rock Winder (“SVR”) at the Trojan Nickel Mine. The SVR is used to hoist material (o

 Feb 16, 2023
Companies
More than 12-hrs power cuts weigh down Nampak’s Q1 efficacy

ZSE-listed manufacturer and marketer of packaging products, Nampak Zimbabwe Limited has experienced a rolling 12-hour load-shedding at Megapak while CMB had no electricity supply since 18 December 202

 Feb 15, 2023
Zimbabwe
ART Corp’s Recessionary Prospects

In this article, we will analyse the current performance of Amalgamated Regional Trading Limited (“the company, or “ART Corp”) as the base performance at which It will enter the looming recession. The

 Feb 13, 2023
Zimbabwe
Tigere Reit becomes a real tiger property wing in the industry

The real-estate sector in Zimbabwe seemed to have failed to find ground despite a wave of possible recovery in late 2021. The sector was heavily hit by the Covid-19 pandemic in 2020 to early 2021 as o

 Feb 13, 2023
Zimbabwe
Lafarge delays FY results publication

ZSE-listed outfit, Lafarge Cement Zimbabwe, trading as Khayah Cement will delay the publication of the full-year results for the 12 months ended 31 December 2022 to give external auditors more time.

 Feb 13, 2023
Companies
Caledonia’s latest investment to buoy production prospects

Vfex-listed mining outfit, Caledonia Mining Corporation says its latest investment in a 12-megawatt solar project is already paying off as it is producing more than anticipated electricity. This is se

 Feb 13, 2023
Usurious lending rates curtail OK Zimbabwe’s sales: Can the latest IR cut bring fortunes?

Zimbabwe’s record bank policy rates, then 200% and now 150% have stunned the sales volumes for OK Zimbabwe during the third quarter ended 31 December 2022 according to the Group’s latest trading updat

Feb 10, 2023
ART Holdings posts mixed Q1 performance, exports nosedive

Zimbabwe Stock Exchange (ZSE)-listed outfit, ART Holdings recorded mixed performance during the first quarter to FY2023 with depressed volumes due to deficiency in raw materials uptake despite an incr

Feb 08, 2023
Depressed electricity generation curtails NTS’ Q3 output

Zimbabwe’s largest distributor and retailer of new tyres and tubes for the automotive industry, National Tyre Services has reported reduced sales volumes in retreading and new tyres for the third quar

Feb 08, 2023
Bridgefort Capital: A trailblazer in strategy evolution

Given the impending recession, Zimbabwe's high inflation rates, and the nation's ongoing electrical issues, we anticipate Bridgefort Capital to keep improving its operating tactics and controlling exp

Feb 06, 2023

Ecocash Holdings and the modern-day business

For a modern-day business, operating in an era that is brimming with thousands of “how to” strategies, first principles thinking could be the difference between a million and billion-dollar company. I

Feb 06, 2023

CFI shifts to imports as drought spells loom

As drought spells and erratic rainfall seasons continue to haunt Zimbabwe which heavily relies on natural rains for agriculture than irrigation systems, the Zimbabwe Stock Exchange (ZSE)-listed agro-c

Feb 06, 2023

Power ‘anaemia’ inflates Zimplats’ electricity bill by 42%

As rolling power cuts in Zimbabwe fail to find a breather and electricity tariffs have spilled over 40% in United States dollars, Platinum Group Metals miner, Zimplats Holdings Limited says its power

Feb 03, 2023

TSL’s full year results publication delayed, and possible outcome

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

Feb 02, 2023

Inflation being a winning - losing game

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

Feb 02, 2023

EcoCash Holdings boast an optimistic future after Q3 results

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

Feb 01, 2023

Nampak’s profit narrows despite 43% revenue uptick

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

Jan 31, 2023

Seed Co flags on local uncertainty, regional droughts on economic outlook

The largest seed house in Zimbabwe, Seed Co Limited says its future growth focus remains grounded by a complex of calamities, from within the local market to the regional markets despite expecting vol

Jan 31, 2023