9.9 C
Harare
Friday, July 30, 2021
HARARE – Tobacco sales reached US$507.3 million on day 64, up 29.77 percent ahead of US$390.9 million recorded in the same period last year, statistics from the Tobacco Industry and Marketing Board (TIMB) show. At that level, the current season’s sales which...
Key Highlights Operating profit declined by 2% to ZWL878.3 millionPAT tumbled to ZWL373.3 million from ZWL 3.5 billion in the previous yearRevenue from the retail operations increased by 3%, but sales volume was down 21%The Hospitality segment recorded a loss of of ZWL 122.7...
Key Financial Highlights Revenue increased by 79.8% to ZWL3.56 billionProfit after tax up 20% to ZWL73.6 millionInterest expenses and mark to market financing costs were ZWL65.3 million HARARE – CFI Holdings Limited, a leading agricultural-based industrial holing company in Zimbabwe,...
HARARE – Grain deliveries to the Grain Marketing Board (GMB) have seen a sharp increase since the start of the current marketing season, highlighting what is currently Agric-commodities supercycle following favourable rain patterns across the country’s regions. According to a cabinet presentation...
Financial Highlights Profit after tax up 51% to ZWL467.4M compared to ZWL308.8M in 1H20Headline earnings per share (HEPS) up 34%Operating profit up 53% reflecting sound business operations especially from agro inputs businessTSL grew total asset position to ZWL7.0 billion, up 7% from SPLY
Area planted for tobacco increased by 7%National cattle numbers increased to 5.5 million Harare- Zimbabwe’s first round of crop and livestock assessment has shown a 23% increase in crops planted during the summer of 2020, on the back of good rains experienced in...
HARARE - At least 138.43 million kilograms of tobacco worth US$374.99 million have been sold so far at auction and contract floors in the country since the selling season opened, statistics from the Tobacco Industry and Marketing Board (TIMB) show. In a...
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...
Mass sold at 101.67 million kgs, 35.67% ahead of last yearUS$271.88 million pocketed to date, up 57.98% from last yearThe average price is 16.72 % ahead of the 2020 period HARARE – The golden leaf’s positive start to this year’s marketing season is...
Global platinum demand increased to 1.969 million ouncesAn annual deficit of 158,000 ounces expected this yearPlatinum demand in the automotive sector to rise above pre-pandemic levels As the global economy continues to recover, underpinned by widespread stimulus measures, the January-March period (Q1’21) saw...