18.9 C
Harare
Friday, January 15, 2021
ZSE listed hospitality player, Rainbow Tourism Group (RTG) is set to launch another digital platform to augment its offering to its customers on the main Gateway Stream digital platform.   Built for both musicians and users, "Gateway Stream Music" will allow users...
Profit after tax scaled up 620% to R252mThe Chemicals division net revenue was hard hit by the lockdownsConcerns around hyperinflation and liquidity constraints remain in Zimbabwe HARARE – South Africa-headquartered chemical manufacturing group, Omnia Holdings emerged on top amid the biting global coronavirus...
Global tourism business has been low as a result of COVID 19Domestic tourism has been the main source of business for the groupThe group is now engaged in creating promotional holiday packages to woo more local and regional customers. HARARE - Tourism and...
Africa’s Internet economy has the great potential to reach $180 billion by 2025 according to the e-Conomy Africa 2020 report by Google and the International Finance Corporation (IFC). Currently, the digital economy contributes nearly $115 billion to the continent. The sector is expected to grow to...
Volume performance against the final quarter of F2020 has been very highTV Sales & Home volumes closed 48% higherthe Group will focus heavily on re-building its volume and revenue bases in the forthcoming period Harare – Retail and distribution company, AXIA Corporation Limited...
Sales volumes rose by a fifth in October YoYExperienced a muted sales in April and May 2020 due to the COVID-19Cement volumes for PPC Zimbabwe grew by m approximately 5% Harare – JSE-listed Pretoria Portland Cement (PPC) said sales volumes have bounced back...
Allocated forex is insufficient to meet imported raw material requirementsLower sales volumes across all sectors of the businessRevenue boosted by inflationary price increases Harare - Nampak Zimbabwe Limited’s operations continues to be depressed due to the shortages of foreign currency in Zimbabwe which...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) ZSE market opened the week extending see-saw movement, with the All Share Index marginally shedding off -0.13% to close at 1508.67points again failing to hold on to prior session gains. The bourse has been...
Overall Comment •             All Share Index up 2.28%, from -2.9% loss in the prior •             VFEX witnesses first trade of 1000 SeedCo Int. shares  •             ZWL spreads loss wider against USD In a week characterized...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The local bourse maintained oscillatory movement as it struggles for direction amid shifting economic fundamentals. The economy is set to record one of its most conservative current account and external trade position since 2009. Austerity...