21.6 C
Harare
Monday, June 14, 2021
Declares ZWL10 cents dividendHarsh business operating environment affected performanceBenefited from its exporting segments Harare - As inflation rages, companies are attempting to retain shareholder value and one of the ways is to revise dividends. Hospitality entity Meikles becomes the latest in a series...
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...
Tobacco handling volumes were 42%Distribution unit recorded 59% growthGeneral cargo volumes declined by 16% Harare- TSL’s logistics operations saw growth in volumes in the first quarter ended 31 January 2020. In a trading update for the review under review, the...
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...
ZimPlow moving to acquire 100% of Birmingham investments in exchange of15,774,446 newly issued ordinary sharesMoving to acquire 51% in Tredcor for 18,399,564 ordinary shares Harare – Agro-industrial firm, Zimplow Holdings Limited has offered to acquire 100% of Unifreight Africa Limited’s shareholding in Birmingham...
Occupancy levels stood at 77%Rental collections closed the period at 90%The Group grew its third-party business portfolio during the period Harare - Mashonaland Holdings’ occupancy levels remained steady in the half year ended 31 March 2020 (HY2020) in spite of the harsh operating...
Occupancy rate was 21% compared to 41% in prior yearGroup revenue was 20% lowerAll hotels and lodges were closed effective 31 March 2020 in response to COVID-19 measures Harare – As a result of the global coronavirus (COVID-19) pandemic, the hotel market has...
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...
Forex shortages leading to slow discharge of foreign currency denominated liabilitiesZSE trade suspension shook investor confidenceHyperinflation and COVID 19 worsening the situation Harare – Listed diversified insurance holding company, ZimRe Holdings Limited has lamented the shortages of foreign currency experienced in the country...
HY2020 sales down 87%Defers dividend payment due to COVID-19 related uncertaintiesOfficial opening ceremony of Sawanga Shopping Mall in Victoria Falls set for Q4 Harare – Listed property concern, Zimre Property Investments (ZPI) said projects income significantly declined during the half year ended 30...