15.3 C
Harare
Friday, July 30, 2021
Key Highlights PAT at ZWL109.7 million, down 41% from prior yearThe Group incurred a monetary loss of ZWL163 millionRevenue increased by 23% to ZWL5.08 billionThe Group is on a renewed drive to re-tool its operations and attend to plant downtime
Overall group production increased by 20%Diamond production was up 134% while PGMs were up 59%PGM production at Unki was up 53% in the same period Harare – Anglo-American the parent company of Unki Mine has reported a 20% overall growth in production for...
Key Highlights Good volume-driven performance by all product offeringsIntroduction of Gold Blend Number 9 boosted spirits volumesRevenue increased by 38% HARARE – African Distillers Limited (AFDIS), which manufactures, distributes and markets branded wines, spirits and ciders for the Zimbabwean market...
HARARE – Lafarge Cement Zimbabwe Limited, a leading maker and distributor of cement and allied products for the building industry, on Thursday announced the appointment of American national, John Stull to its board of directors as a non-executive director effective 10 June 2021.
HARARE – Leading supermarket retailer covering groceries, basic clothing and textiles and houseware products, OK Zimbabwe Limited (OKZ.zw), said it will continue to pursue more innovative initiatives to grow market share profitability while the refurbishment and expansion drive will also be reinforced.
Key Highlights Revenue up 68.5% to ZW$6.9 billionAttributed to significant volume growth in the Dry Mortars businessGross profit margins grew by 12.4% to 60.6% compared to 53.9% in 2019Records operating profit of ZW$1.9 billion compared to prior year loss of ZW$2.7 billion
Key Highlights Revenue down 3% to R14 918 million (2020: R15 382 million)Headline loss per share of 822 cents (2020: loss of 211 cents)Continued negative impacts from hyperinflation in ZimbabweA 42% reduction in group debt from disposals, as well as reduced costs, working capital...
HARARE – Econet Wireless Zimbabwe Limited, the country’s largest provider of telecommunications services and a leading media and technology company, today extended an invitation to holders of 1 166 906 518, 5% unsecured debentures (the “Debentures) of the Company to offer their debentures for early redemption,...
HARARE – Tobacco sales reached US$507.3 million on day 64, up 29.77 percent ahead of US$390.9 million recorded in the same period last year, statistics from the Tobacco Industry and Marketing Board (TIMB) show. At that level, the current season’s sales which...
Key Highlights Record quarterly chrome concentrate output and increased PGM production supported by stronger pricingRevenues and margins continue to be healthyBalance sheet strengthened with cash increasing to US$80.5 million post US$10.8 million interim dividend paymentMaintains FY2021 guidance Johannesburg – Platinum...