20 C
Harare
Monday, November 30, 2020
Local and export volumes down 62% and 84% respectivelyGroup revenue was 12% ahead of prior yearPAT came in at ZWL$140m, 5% above last year Harare-Listed agro-industrial firm Zimplow Holdings Limited posted a sharp decrease in performance in its farming division, Mealie Brand for...
Sugar production dropped 11% on prior yearSugar sales dipped by 14% on prior yearTotal industry sales in the local market decreased by  13% Harare - Hippo Valley Estates Limited experienced low sugar production for the year ended 31 March 2020 and this has...
Revenue from continuing operations grew by 6% from ZWL 8.3 billion in 2019 to ZWL 8.8 billion in 2020Profit after tax from retail operations grew to ZWL 674.8 million from a loss of ZWL 21 million in the previous year“The Group’s profit performance to date for the...
The move is expected to promote food security towards the realisation of Vision 2030The Bank will also provide investment support for A1, A2 and small scale commercial farmers who have not been supported by commercial banksAgriculture remains the core of economic recovery and growth in Zimbabwe, accounting...
Sales volumes rose by 56.6%Govt support for local wheat production also spurred salesGroup total sales volumes increased by 45.4% Harare- Seed Co Limited’s registered an increase wheat seed sales volumes in the quarter ended 30 June 2020 (Q1 2020).
Basic loss improves 81% for the yearThe group suffers R1.5 B monetary loss in ZimbabweTongaat revenue increased by 18%  to R15.4 billionThe firm sought a six-month extension on its debt repayments JSE listed sugar producer, Tongaat Hulett, with operations in Zimbabwe reported a...
Company’s cane output down by 12%Firm sugar demand in local market was achievedLocal industry sugar sales rose by 11% in the quarter Harare- Sugar producer, Hippo Valley Estates Limited’s cane and sugar production continues to contract as seen by the declines registered in...
Profit from operations up by 16.4%Revenue marginally rose by 0.8% Harare - Cigarette manufacturer British American Tobacco (BAT), parent to BAT Zimbabwe posted a positive performance for the half year period ended 30 June 2020 compared to the same period last year.
Refined sugar production down 9.3%Sales volumes dropped by 12%CCF registered a decline in volumes on low disposable incomes Harare – Starafrica’s Goldstar Sugars Harare (GSSH) recorded a slump in production and sales volumes in the year ended 31 March 2020 compared to the...
Local tea sales improved on improved marketing strategiesGroup sold its entire macadamia cropMaize harvest surpassed 2018 and 2019 output Harare – Diversified agro-industrial concern, Ariston recorded improved local tea sales and production in the third quarter ended 30 June 2020 (Q3 2020) despite...