7.5 C
Harare
Sunday, July 5, 2020
Total value of transactions increased by 34% week on weekRTGS transaction values rose by 56.12% compared to the previous weekMobile transacting highest in volume terms Harare - The total value of transactions processed through the National Payment System (NPS) rose by 34% to $15.19 billion during the...
Total sales volumes plunged by 17%Revenue was down by 5%Loss of ZWL5.8 million Harare - British American Tobacco (BAT) Zimbabwe, a cigarette manufacturing company posted a declined performance for the year ended 31 December 2019. In a full year results...
Harare - Zimbabwe Stock Exchange listed Turnall recorded sales volumes that were 31% below the prior comparative year, in the third quarter ended 30 September while the year to dates sales volumes were 28% below the previous year period. In the trading update, the company said...
Company placed under judicial management in 2016 Scheme of arrangement approved by creditorsOverall positive performance across all CFI operations Harare- Crest Poultry Group, a division of CFI Holdings Limited has exited judicial management shortly after the reporting period, in January 2020. In September...
Sales volume decline 23% HY19’76% Capacity utilization despite power challengesInterest expense slumps 1 011%Land disposed of for $ZWL25 mill PAT The only ZSE listed Brickmaker, Willdale reports a 23% decline in sales volumes for the six months to 30 September 2019. Feeding the trend is...
Volumes dipped by 13.8%Inflation adjusted profit increased by 9%Internally calculated net profit of US$2 million Harare - Transport and logistics company Unifreight Africa Limited posted a mixed performance for the year ended 31 December 2019. According to a 2019...
Half year results expected to dip at least 20%Expected decline is due to challenging trading conditions across the GroupHeadline earnings per share to between 3.9 cents per share and 10.4 cents per share. Harare - Diversified packaging manufacturer Nampak Limited with a Zimbabwean...
Harare - Energy and Power Development Minister, Fortune Chasi says it is time for companies and households to turn to renewable energy sources to supplement the shortage of electricity that the country is currently facing. Speaking at a National Energy Innovations Summit hosted by the Financial Gazette in the capital...
Total industry sugar production marginally declined by 3%Little rainfall risky to the industryProgress at Project Kilimanjaro Harare - Hippo Valley Estates Limited, a subsidiary of Tongaat Hullett Limited primarily involved in growing and milling sugar cane in Zimbabwe said despite the commissioning of the Tugwi-Mukosi Dam in...
COVID-19 brought about the need to re-strategizePandemic outbreak resulted in reduced tenants’ capacityBalance sheet preservation and cost control to be implemented Harare - COVID-19 outbreak has put ZIMRE Holdings’ aim to achieve its 2020 set targets off-course, creating the need for the business...