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Saturday, April 17, 2021
Dairibord seeks to merger with DendairyThe 2 are leading dairy producers in ZimbabweDendairy still embroiled in Chilonga saga JOHANSBURG The country’s leading dairy producer Dairibord said its discussion with Dendairy is still ongoing, according to an extended cautionary statement published on Thursday .The discussions...
Gombera led Afdis over an 8 year periodHe oversaw the commissioning of a $5 million plantDuring his tenure Delta increased its shareholding in Afdis Johansburg: Spirits, ciders and wines maker African Distillers, which is also involved in the distribution and marketing of third-party alcoholic...
The first in a series of Women in Capital Markets events well received! As the world commemorates International Women’s month, the Securities and Exchange Commission of Zimbabwe (SECZ) recently hosted a webinar for "Women in Capital Markets." The Women in Capital Markets is an...
NYSE and AIM-listed mining firm Caledonia Mining Corporation Plc has announced that it is to be included in the MVIS Global Junior Gold Miners Index (“GDXJ Index”) for the first time following the GDXJ Index’s first quarter 2021 review. MVIS Global Junior Gold Miners...
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...
Group remains well capitalised despite some material one off negative items impacting 2020 earningsExercised tight cost control across the business to part mitigate negative earnings impactsHEPS expected to drop between 42% and 62% JSE-listed financial services giant, Old Mutual Limited says its liquidity...
Volume of new tyres sold increased by 213%Good rainfall resulted in high demand for Agricultural related tyresYTD volumes have increased by 28% HARARE - Despite COVID-19 related challenges that resulted in the closure of borders, National Tyre Services (NTS) on Friday reported impressive...
. ETF units go up to 131m . Value increased to $230m Harare- Old Mutual Zimbabwe Stock Exchange Top 10 Index Exchange Traded Fund (ETF) units surged to 131m from the initial 80m and now holds a value of $230m in...
Driven by need to implement sustainable capital structureTargeting to complete the project by the end of March 2021The project also aims to raise capital in PPC International Pursuant to previous cautionary announcements, including one released on 15 January 2021, JSE-listed Pretoria Portland Cement...
Overall volumes increased by 26%Group relying on export earnings to sustain raw material supplyThis is despite relative stability of the official exchange rateRevenue grew by 23% in inflation adjusted terms HARARE – Amalgamated Regional Trading (ART) Corporation’s revenue increased by 23% in the...