20 C
Harare
Sunday, January 24, 2021
• Q4 and FY20 revenue grew by 20% and 14% respectively in inflation adjusted terms• The Group cautions disruptive impact of hyperinflation, multiple exchange rates and rapid changes in the policies• Volume performance subdued in part due to the impact of COVID-19 Harare...
Awareness campaigns to be carried out by Board and selling pointsAll flea markets and vendors around sale floors perimeter to be closedFarmers encouraged to use decentralized sales floors Harare - Tobacco Industry and Marketing Board (TIMB) has issued a set of guidelines for...
88% of surveyed companies are failing to access source and export marketsCompanies are failing to meet local demand for some products81% of surveyed firms are experiencing supply chain disruptions Harare - COVID-19 has been leaving a trail of destruction in its wake as...
Crippling economic growth are shortages of key economic enablers such as power and fuel, foreign currency shortages as well as soaring inflationAmidst this terrain, there is a general sentiment that government has failed to inspire confidence which is critical to promote investment and business operations“Clarity of national plans is important to build...
ZSE listed building and piping products manufacturer Turnall Holdings has announced the appointment of a new Managing Director effective 1 December 2020 as part of a  series of board changes that have occurred in the group over the past 6 months. According...
Company said it has agreed with ZSE that its shares be temporarily suspended from tradingPPC is 1 of the 3 dual listed counters on the ZSEPPC notes that an investigation into the dealings on the ZSE found the company innocent of any wrongdoing
Lafarge annual Output to increase 614%New CE to explore regional marketsNew US$2.2 mill Turkish plant to extend Lafarge product offering Listed Cement manufacturer, Lafarge Zimbabwe yesterday held a groundbreaking ceremony for an Expansion Project encompassing the construction of a US$2.2 million Turkish plant...
Natpak volumes increased by 18%Rigids packaging operation operated close to capacity Sacks and flexibles divisions marginally below last year’s performance Harare- Innscor’s Natpak registered an 18% volumes growth in the half year ended 31 December 2019 compared to the comparable prior period.
Harare – Boarder Timbers Limited on Tuesday released its trading update for the 12 months to 30 June 2019. Highlights of the company’s operations for the period under review include the impact of unrealised exchange loss on a foreign loan amounting to ZWL24.2 million which resulted in the company recording...
Harare – Zimbabwe Stock Exchange – listed quick service restaurant group, Simbisa Brands Limited has reported a 91% overall growth in revenues to ZWL$390.8 million compared to ZWL$204.7 million in the previous year. Contributing to this performance was the positive contribution from its regional operations where customer counts grew by...