29.9 C
Harare
Tuesday, October 20, 2020
Price stability expected to prevail in the last quarter of 2020Foreign exchange auction improves the availability of foreign exchangeMeasures installed to buttress price and financial system stability The Committee is expecting the price stability to continuously prevails in the economy in the last quarter...
Data consumption up 63%Digital touchpoints were made available for customer useCompany to enhance digital channels as they are now its preferred way of doing business Harare- Econet Wireless recorded a massive increase in data consumption in the period ended 31 August 2020 as...
"Whilst this Facility is necessary to enhance productivity, it needs to be continuously reviewed to manage the risk of increasing reserve money in the economy" Harare – The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe (the Bank) has approved additional...
Zimbabwe’s inflation rate stood at 679,39% at the end of the PPC financial yearCement Sales volumes were down by 15% to 20%Heightened prices depressed demand Harare – Dual listed, regional cement manufacturing company Pretoria Portland Cement (PPC) Limited has cited the hyperinflation in...
The Company says the ZSE listing has become detrimental, given ongoing legal, compliance and audit costsThe Offer of ZWL$0.13 per Falcon Gold share is deemed by the Board of DirectorsFalgold has been reporting a series of losses amidst technical insolvencyGold sales for the year ended 30 September...
Total assets stood at ZWL$49.81 billion in nominal termsFixed properties and equities dominated asset baseOld Mutual market share was 41.92% Harare- Total assets in the Life Assurance business for the half year ended 30 June 2020 grew by 134.62% in nominal terms, while...
Operating income increased by 37%Total assets grew by 30%Loan book grew by 24% Harare - Zambia National Commercial Bank (ZANACO) posted a positive performance for the six months period ended 30 June 2020 amid a tough operating environment. In...
Revenue increased by 443% in nominal termsRecorded exponential revenue growth in the Insurtech and the Vaya Technologies businesses unitsEcocash contributed 62% of the total revenue, down from 72% Harare – Diversified smartech group, Cassava Smartech  Zimbabwe Limited saw its half year ended 31...
Production increased to 596,876 tonnes from 325,114Revenue increased by 28% to ZWL$ 1 billionThe Company was placed under administration in October 2018 Harare- Hwange Colliery Company Limited (HCCL), has reported an increase in production by 84% to 596,876 tonnes during the half year...
Revenue declined by 22%Sales Volumes declined by 28%,Stock outs due to lockdown and terminated supply to blame Harare – ZSE listed medical supplies manufacturer and distribution company MedTech Holdings has recorded a 22% decline in revenue for the Half Year ended 30 June...