19 C
Harare
Saturday, March 28, 2020
Lafarge Zambia postpones AGM indefinitelyZimbabwean counterpart reschedules results publication Several LUSE firms postpone AGMs, resultsZSE limits trading hours As the pandemic takes its toll with nearly half a million confirmed cases globally, Africa now has just below 2500 confirmed cases. Zimbabwe has 3 while Zambia...
OMIR implied rate increased due to sharper JSE losses ZSE losses were deep but cut short The OMIR is expected to remain adverse in Zim’s disfavour The adverse movement in Old Mutual’s shares on the JSE...
Caledonia has increased the levels of consumables stocksEstimates that Blanket has enough critical spares and mining consumables to sustain uninterrupted gold production In the event of a lockdown in Zimbabwe, Caledonia will have a $12.5 million war chest Following the announcement by South African authorities of a nationwide...
Coronvirus panic buying is global phenomena Zimbabweans are anticipating lockdown The country ill prepared for a lock-down Zimbabweans are slowly embracing the reality of coronavirus possibly hitting the country and against this expectations, hoarding of groceries...
• Zambia posts ZMW0.8 million loss • Zim exports dip -93% • Temporary stores add ZMW6.5 million to revenue • Bata cuts stocks aggressively Lusaka Stock Exchange-listed shoe...
£1bn efficiencies to fuel New Category investment Creation of open innovation and corporate venture teams to accelerate the development of productsNew category revenue growth expected to slow in the first half of the year Harare - British America Tobacco Plc (BAT), a cigarette and tobacco manufacturing...
African markets bulge on coronavirusZim exports to decline on COVID#19 Industry capacity utilization to narrow below 20%Jack Ma donates to Africa, Zim Zimbabwe’s Defence Minister Hon Orpah Muchinguri dishonourably made regional and international headlines for scoffing at the health and economic impact of...
All parts of the project progressing wellRevenue and EBITDA dropped by 5% to 10% in the material business segment Harare - Dual listed regional cement manufacturer Pretoria Portland Cement (PPC) has announced that there is marked progress on the project the Group embarked on following the indication...
PPC Zimbabwe volumes down by 15% to 20%SA cement volumes dipped by 16% to 18%, total imports up by 17% Group capex lower than the same comparable period and is expected to be lower end of the guided range given in the Group’s interim results Harare -...
ZANACO Trading Income mounts 328%PAT grows 9%Loan book grows funded incomeThe group operationalizes 2 subsidiaries Lusaka listed Zambian National Commercial Bank group reported a 328% growth in Trading income compared to the prior year on account of increased volumes of transactions as well as an improved...