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Harare
Friday, January 15, 2021
Data traffic volumes increased by 89.5% in Q32020Increased e-commerce in the local economy boosting SMS volumesIntensified January lockdown expected to have a positive bearing on broadband and digital services Zimbabwe’s biggest telecommunications company Econet Wireless Zimbabwe Limited says the COVID 19 pandemic and the...
Revenue dropped to US$25.0 millionSales volumes declined 15%Trojan Nickel Mine is the only operating mine within BNC at the moment HARARE – Bindura Nickel Corporation (BNC) says nickel concentrate sales for the half year ended 30 September 2020 declined by 15% to 2...
Lands, Agriculture, Water and Rural Settlement Minister, Dr. Anxious Masuka has told A1 and A2 farmers that they are required to present mandatory production returns by the 31st of January or risk losing their leased farm land to other potential farmers on the waiting list for...
Revenue up 37% to R8.2 billionHeadline loss improved by 101% to R6 millionNo dividend was declared in the current period HARARE – Hippo Valley Estates parent, Tongaat Hulett delivered an impressive set of results for the half year period ended 30 September 2020,...
Harare-Seed manufacturer and marketer Seed Co International Limited (SCIL) says it expects its interim profit before tax for the half year ended 30 September 2020 to be approximately US$4.5m and US$4.8m ranging between 275-295% This profit is a rebound from the loss of US$1.6m...
Barely 2 years after Econet Wireless’ Kwese Television service failed, the world’s leading subscription based stream service Netflix, which offers online streaming from a library of films and television series, has appointed Strive Masiyiwa to its board of Directors. Strive Masiyiwa, a Zimbabwean billionaire,...
The Bank is disposing of its total stake in Tuli Coal to GovernmentFPR to be divided into two separate entities focused on gold refining and printing and mintingThe former to be partially privatizes60% shareholding up for grabs for private miners and gold buying agents
In Zim Econet bemoaned low smartphone penetrationIn sub-Saharan Africa over 400M people still don't have access to mobile internetMobile has played a key role in breaking down ecosystem and interoperability challenges HARARE - Stanbic Bank Zimbabwe’s parent company, Standard Bank Group, says for increased...
Financial institution and investment holding company FBC Holdings Limited has launched a mobile merchant and bill payments option capping a year of solid market moving digital products release. Since embarking on a digitisation program in 2018, the financial services group, has never...
The group expecting volume growth of 20-25% over the next three to five yearsRefined production guidance for 2020 upgraded to 2.6 – 2.7 million PGM ounces Anglo American Platinum (Amplats), the owners of Unki Platinum Mine in Zimbabwe has issued operational outlook and...