15.7 C
Harare
Saturday, September 26, 2020
Offers one new ZHL share for every 2.78 shares held by ZPI minority shareholdersZHL has always held a control block in ZPI since ZPI was listed on the ZSE in 2007The acquisition will eliminate duplication costs associated with listing both the Parent and Subsidiary
Net operating profit declined by 22%Headline earnings increased by 10% to R3.9 billionSanlam has operations in Zimbabwe through a 40% interest in Zimnat Sanlam Limited (JSE:SLM), which is in the insurance business and is based in South Africa, reported a subdued financial performance...
Refined production from Zimbabwe is expected to decline by 1% from 455 koz in 2019 to 453 kozOverall supply in the second quarter of 2020 fell by 35% year-on-yearBoth supply and demand for the metal were severely impacted by measures to contain COVID-19 pandemic
Revenue increased by 108% to ZWL$666.1mNon-current assets grew to ZWL1.1bnThe Group has a solid order book the execution of which is dependent on the impact of COVID-19 Harare – Zimbabwe Stock Exchange (ZSE)-listed, property and industrial firm, Masimba Holdings reported a modest earnings...
SECZ licenses the new VFEXVFEX will operate as a  wholly-owned subsidiary of the Zimbabwe Stock Exchange (ZSE)Fungible ZSE stocks expected to list on VFEXVictoria Falls designated as a hub for tourism and financial services under the Special Economic Zones (SECZ) The new Victoria...
The Zimbabwe Stock Exchange has apologised on an earlier erroneous publication of a draft circular for FML, flighted via its website on Friday. The draft circular was for a restructuring exercise of FML’s Reinsurance businesses in Zimbabwe and Botswana.   In a...
HEPS was 350 cents per shareIn excess of R1.6 billion invested into COVID-19 social relief efforts4E PGM production from the SA PGM operations increased to 657,828 4Eoz JSE and NSYE – listed Sibanye Stillwater with a 50% holding in Zimbabwe based Mimosa gold...
HEPS from total operations to dip between 35% and 40%Deli Foods Nigeria and VAMP reported as discontinued operationsEPS from continuing operations expected to go down by between 68% and 71% Harare- JSE-listed Tiger Brands Limited anticipates a decline in earnings for the year...
Revenues declined by 17%Gross margin dropped by 27%Expenses were up 12% Bata Shoe Company Zambia posted a negative performance for the half year period ended 30 June 2020 due to difficult trading conditions worsened by the COVID-9 pandemic which resulted in a reduction...
Double digit loss in operating income expectedTied advisers were unable to sell new business due to COVID-19 restrictionsCompany said its solvency levels very strong despite the economic shock Pan African insurance giant and financial services provider, Old Mutual Limited, said it expects a...