16.4 C
Harare
Saturday, September 26, 2020
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...
Overall operating profit for the division surged by 60%Agriculture RSA operating profit grew by 18%Agriculture International operating profit grew by 2%In agriculture biological operating profit soared by 98% Harare - Omnia’s agriculture division comprising agriculture RSA, Agriculture International, agriculture trading and agriculture biological...
Tobacco handling volumes grew by 27%Inland ports operations increased by 24%Premier Forklifts grew by 26%General cargo volumes down 24% Harare - Agro- industrial group TSL posted a mixed volume performance for the year ended 31 October 2019 compared to the prior year.
Profit after tax stood at R129 millionRevenue marginally grew by1%Total assets increased by 9% Harare - Chemical manufacturing group, Omnia holdings posted a wide surge in profitability, in line with its continued robust execution of turnaround plan for the year ended 31 March...
Office assumed immediatelyIain has built a career with Old Mutual extending over 30 yearsAppointed  Old Mutual Emerging Market’s Finance Director in 2015 and Chief Operating Officer in 2017 Harare - Old Mutual Limited has appointed Iain Williamson as the permanent Chief Executive Officer...
Sugar production for 2020/21 forecast to be between 440 000 tons and 455 000 tonsIndustry sugar production forecast to be 50%Sugar production for 2020 declined by 11% Harare - Hippo Valley Estates Limited, a subsidiary of Tongaat Hulett Limited is projecting a rebound...
Tea sales volumes down 36%Better export prices for macadamia are anticipatedStone fruit production volumes declined by 5% Harare – Listed agro-concern, Ariston registered contractions in production volumes in major crop segments which include tea and macadamia which contributes 83%.