18.3 C
Harare
Wednesday, January 20, 2021
Decline attributed to reduced operations in April and May 2020Q1 volumes 10% downCompany has put in place measures to recover from the COVID-19 impact Harare – Cigarette manufacturer, British American Tobacco (BAT) Zimbabwe forecasts a drop in volumes in the second quarter of...
Revenue stood at ZWL$256.6 millionNewspaper division’s revenue declined by 17.9%Company expects to receive national television broadcasting license Harare- ZSE-listed Zimpapers Limited posted a decline in revenue in inflation-adjusted terms in the half year ended 30 June 2020 owing to COVID-19 related challenges.
Noku assists clients with banking and insurance services on WhatsApp 24/7Noku provides a customer focused experienceNoku allows one to open an FBC Instant Account or Mobile Moola wallet on WhatsApp without visiting a physical branch. Harare - COVID-19 has mandated most businesses to...
Profit after tax grew by 62%Revenue increased by 19%Sales volumes increased by 37% Harare - Botswana domiciled seed company, Seed Co International registered a strong performance for the year ended 31 March 2020 compared to the prior year. According...
Simon Hammond goes into retirement with effect from 1 April 2020Incoming Mpofu has been a member of the Old Mutual Group for close to 15 yearsCecil Ndoro assumes Deputy Managing Director position CABS has announced the appointment of a new Managing Director and...
Loss per share above 203%Volumes dropped by 27% Harare - Leading sorghum (opaque) beer producer in Zambia, Natbrew Zambia which is wholly owned by Zimbabwe Stock Exchange heavyweight beverage company, Delta, said it expects a surge in loss for the year ended 31...
Distribution Group Africa revenue up by 16%Devaluation of local currencies negatively affecting net assets Listed Axia Corporation reported an improved regional performance in the six months period to 31 December 2019 compared to the same period last year. The Distribution Group Africa registered...
Revenue for the period under review stood at US$194.6 millionGross profit margin was impacted by the significant increase in the stripping ratioPGM recovery was up by 1.8% Harare - Mining company, Tharisa plc’s revenue in the six months ended 31 March 2020 (HY...
Profit for Q3 2020 was down 86.4% compared to Q3 2019Revenue was 11.3% downThis was due to price volatility, inflation and other unfriendly macro-economic aspects Harare – Zimbabwe Stock Exchange (ZSE) listed real estate, property development and management company, First Mutual Properties Limited...
The Group said the second half presents better opportunities anchored on relaxation of COVID-19 induced lockdown, weather induced demand uplift, and a slowdown in inflation. Harare – Dairibord Zimbabwe Limited, the country’s largest dairy company has issued a positive outlook going to the...