17.1 C
Harare
Wednesday, October 20, 2021
Recorded double-digit revenue growth in five months to May 2021Profitability grew by 90%Geared for growth amidst positive economic projections for the financial year 2021 HARARE - Zimplow holdings limited, market leaders in farming, infrastructure and mining equipment delivered an improved performance across the...
The companies have been reportedly found in violation of S.I 127Specific details of offences not givenFirms however facing fines of anything between ZW$1 million and ZW$5 million Harare - Zimbabwe’s largest food manufacturer, National Foods along with 17 other companies is facing penalties...
SI 127 set new regulations and penalties on the use of forex in the countryCZI believes that the new regulations are counterproductive to the gains made in achieving macroeconomic stability thus farAnalysts equate new measures to 2007/08 price controls Harare -  The confederation...
Profitability was maintained at prior period levelsCapital expenditure was 70% lower than SPLYIssues a bullish full-year outlook HARARE – Contracting and Industrial group, Masimba Holdings reported a 63% jump in quarterly revenue on the back of a strong order book which comprised of...
Cumulative 9 months volumes up 37%Growth margins narrowing on a quarterly basisOperation’s outlook solid, analysts contend HARARE- Leading FMCG Probrands is trading impressively ahead of the prior year, Innscor, has revealed. Probrands, which has emerged strongly as a market leader in most of...
Cumulative 9 months volumes up 14%Maize volumes down 31%Other segments’ collective growth came in at 47% Quarterly performance numbers released by Innscor shows that volumes growth at its associate National Foods slowed down in the third quarter period (Q3:21) which is a period between...
Revenue up by 17%Sales volumes were up across most business units Harare – Agroindustrial firm Zimplow Holdings Limited which is involved in the production and marketing of agricultural and industrial equipment in Zimbabwe and the region posted improved revenue and sales volumes across...
Group FD Sam Mavende to exitMove follows appointment of new MD in DecemberTurnall stock has surged 225% in 2021 ZSE listed roofing and building materials manufacturer Turnall Holdings has accomplished the purge of its top echelon executive with the...
Production went down 17%Revenue down 23%Significantly, profit was up 214% from a loss position SPLY HARARE – The introduction of more stringent measures by government authorities to curb the spread of COVID-19 negatively affected Border Timbers' (currently under judicial management) production volumes for...
Fuel prices have a direct impact on pricingPrices will pile pressure on already struggling companies Harare – The Confederation of Zimbabwe Retailers (CZR) petitioned authorities to look into the cost-push factors behind the recent fuel hikes which it says have a direct impact...