Occupancy levels increased by 4%Property consultancy revenue up by 70%Expenses to revenue ratio stood at 42%
Harare - Property Investment holding company, Dawn Properties posted a marginal increase in occupancy levels in the first quarter ended 31 March 2020 compared to the corresponding...
Region faces financing gap of at $144 billion in 2020IMF and other multilateral lenders are ramping up financing
Harare - The International Monetary Fund (IMF) said with low global interest rates, African governments urgently need additional external financing to help mitigate the economic...
Gross margins were also impacted in line with the lost sales particularly during the last quarterProfit after tax for the period was ZWL$17.9m, an 81% decrease from ZWL$91.8m in the same period last year“Post Covid-19, clothing retail will not be the same and the Group is pursuing...
Sales volumes for the first quarter ended 31 March 2020 were 19% below the same period in 2019Foreign currency revenue grew by 68% to US$1.018 million during the period under review thereby contributing to cost reductionIn regard to the COVID-19 impact, the Dairibord said that volumes in...
DGA Zim Q3 and nine months volumes were down by 25% and 35% respectivelyAccessing forex has remained Transerv’s biggest challengeGroup registered positive profit performance in April despite lockdown
Harare - Local shortage of foreign exchange negatively affected AXIA’s sales volumes which saw only...
Dividend payout put on hold until there is liquidity improvement in the local market“Access to bank facilities is being hindered by the inability of banks to increase facilities due to their own constraints”The development intersects with the impact of COVID-19 on business operationsDespite the impact of COVID-19,...
