9.9 C
Harare
Friday, July 30, 2021
Unclaimed benefits accrued by 1900 percent in 2020 compared to 2019IPEC says this as a consequence of lack of knowledge on the part of beneficiariesOverall pensions industry income surged by 72 percent Harare – The insurance and pensions commission (IPEC) says it is...
Revenue rose by 50% to ZWL95.3mRental income grew by 50%The company is exploring various projects aimed at diversifying the portfolio HARARE – Property investment and development company, Mashonaland Holdings limited said profit increased by 24% as revenue was boosted by an increase in...
Revenue for quarter was ZW$66.2 millionOccupancy rose by 2.2%Operating profit by 18.9% Property investment and development company, Mashonaland Holdings Limited has recorded a 47% increase in revenue in the first quarter of its fiscal year ended 31 December 2020 as a result of...
Dividend declared from Q3 2020 profitsThis is despite profit falling over 80% in the quarterThe company blamed the volatile macroeconomic conditions for this slump Real estate, property development and management company, First Mutual Properties Limited has declared an interim quarterly dividend from the...
Revenue for the year increased from ZWL$133 million to ZWL$173 millionOperating profit increased by 7%Occupancy levels improved by 2,3 percentage points Property Investment and development company, Mashonaland Holdings Limited has seen a surge in its revenue for the financial year ended 30 September...
Revenue down 8%PAT adversely impacted by monetary loss exchangesThe Group opened a new store espite Covid-19 constraints Harare – Hospitality and retail group, Meikles Limited said its profit fell for the half-year ended 30 September 2020 as revenue slid due to COVID-19 induced...
Deal commenced in September 202091,6% of shares were surrendered as at 13 NovemberDeal expected to result in cost savings and improved liquidity for both sets of shareholders. Hotelier African Sun Limited and property holding company Dawn Properties Limited have finally closed their acquisition...
Occupancies improved from 5% in Q2 to 14% in Q3YTD occupancy was down 28%Group expects a surge in domestic and regional tourism going forward HARARE – For the third quarter ended Spet.30 (Q3’20), African Sun Limited recorded a year-over-year occupancy decrease of 37%,...
Revenue from hotel division was 54% downRevenue from property consultancy was 10%  downOverall occupancy of hotels in Q3 at 13% Real estate holding, property consultancy and development company, Dawn Properties has recorded 54% and 10% declines in revenue from their hotel and property...
Profit for Q3 2020 was down 86.4% compared to Q3 2019Revenue was 11.3% downThis was due to price volatility, inflation and other unfriendly macro-economic aspects Harare – Zimbabwe Stock Exchange (ZSE) listed real estate, property development and management company, First Mutual Properties Limited...