Nampak Zimbabwe, a leading manufacturer of plastic packaging products, is aiming to increase its capacity with the acquisition of an eight-colour printer for self-opening paper bags from Bullpak. This
Sep 11, 2023
Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi
VFEX listed Bindura Nickel Corporation Limited announced that it will hold its 57th Annual General Meeting (AGM) virtually on Thursday, 28 September 2023 at 0900hrs.
CBZ Holdings and First Mutual Holdings Limited have entered into a merger, with CBZ acquiring a 36% stake in FMHL. This merger marks a significant milestone between the bank and insurance company, as
Zimplats Holdings Limited, a key player in the platinum group metals (PGMs) industry, has witnessed a notable 7% increase in mined volumes, despite experiencing a decline in profitability caused by vo
Seed Co International Limited announced that it will hold its 23rd Annual General Meeting (AGM) virtually (via the Escrow Group platform) on Wednesday the 20thof September 2023, at 12:30 GMT+2 (Botswa
First Capital Bank Soaring Profits and Digital Innovation Propel Success First Capital Bank demonstrated robust profit growth in the first half of 2023, as its profit after tax skyrocketed by 602% to
B Bank Group, a leading financial institution doubled its total income in the first half of 2023, increasing by 796% to ZWL917.284 billion compared to ZWL102.407 billion in the same period last year.
NMB Holdings Limited has emphasised its strategic reliance on digitalisation initiatives aimed at achieving cost reductions and operational efficiencies. This focus was highlighted in the company's h
FBC Holdings Limited, a diversified group listed on the Zimbabwe Stock Exchange (ZSE), has achieved an impressive profit after tax (PAT) of ZWL366 billion for the half-year period ended June 30, 2023.
Border Timbers Limited shareholders have approved an acquisition offer put forth by Cicada Plantations Zimbabwe (Private) Limited according to a circular released by the company today following the E
Turnall Holdings Limited has successfully generated ZWL36.947 billion through its rights offer, which the company sees as crucial for improving its financial situation. In a trading update released o
(Cable African Cables), a prominent cable manufacturer listed on the Zimbabwe Stock Exchange (ZSE), has witnessed a significant 16% increase in its export volumes despite a dip in local volumes. Durin
Wednesday, 23 August 2023, was declared a public holiday for the purposes of polling for the 2023 harmonised elections. The Zimbabwe Stock Exchange (ZSE) was therefore closed on Wednesday and resumed
Border Timbers Limited, a prominent company in the timber industry, announced that their Extraordinary General Meeting (EGM) held on 18th August 2023 had been adjourned. The adjournment was necessary
Truworths Limited, a prominent retail company in Zimbabwe, has successfully concluded its highly anticipated Rights Offer, which closed on August 9, 2023. The results of the offer have been announced,
The mining company, Bindura Nickel Corporation, has experienced growth in ore mined during the first quarter ended June 2023. However, the company also faced challenges due to the deterioration of t
Amalgamated Regional Trading Holdings Limited (ART Holdings) has witnessed a decline in volumes across its main categories, with the exception of the Eversharp and estates divisions. This decline was
In a Trading Update for the 3rd quarter ended 30 June, 2023, ARTD recorded a 54% growth in inflation adjusted revenue to ZWL75.2 billion. The growth was attributed to inflation pricing, which counter
