20 C
Harare
Sunday, January 24, 2021
Occupancy rates grew to 85.7%Arundel Office Park extension still at preconstruction stageCompany is focusing on driving rental growth, managing operating and maintenance costs Harare - First Mutual Properties (FMP) registered an improvement in occupancy rates in the year ended 31 December 2019 (FY2019)...
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...
Occupancy levels grew to 79.2%Rental income increased by 44%Property expenses were 17% down Harare - Listed property concern, Mashonaland Holdings posted a growth in occupancy levels in the second quarter ended 31 March 2020 compared to the same period in the prior year.
Turnover dropped by 5%operating profit dipped by 58%Loss stood at ZMW4.4 million Harare – Lusaka Stock Exchange listed hotel entity, Taj Pamodzi Hotel succumbed to the severity of the hostile economic environment as it posted a negative performance for the year ended 31...
A number of construction works were completed during the periodPAT up 15.7% ahead of prior yearFull-year results expected to be ‘significantly’ ahead of the comparative period Harare – Masimba Holdings Limited, a Contracting and Industrial group in Zimbabwe, providing engineering and infrastructure solutions...
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...
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...
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...
Ndangariro Mutizwa appointed Finance Director of DawnAssumes office with effect from 18 May 2020 Harare - Ndangariro Mutizwa a former executive at real estate company Mashonaland Holdings, has crossed the floor to a competing industry player barely a few months after his appointment.
Basic earnings per share anticipated to soar by 183%Growth attributed to the impact on the ZMW-equivalent of property values of a depreciation of the ZMW against the USD. Harare - Real Estates Investments Zambia (REIZ), the only listed real estate company on the...