16.7 C
Harare
Sunday, April 5, 2020
Declared an interim dividend of 86.47ZWL centsRevenue grew by 30% due to higher selling prices as a result of reduction in subsidiesInflation adjusted profit increased by 76% Harare - On the backdrop of prevailing harsh business environment and in particular the liquidity constraints, National Foods has increased...
National Foods milled over 45 000 tonnes of maizeMaize volumes for the group remained flat on last year’s high baseThe Mutare and Masvingo maize mills have been reopenedZimbabwe has imported about 300 000 tonnes of maize Harare - Zimbabwe has been hit by a maize deficit that has...
Overall volumes declined by 32%Volume loss attributed to reduced consumer spending powerNat Foods excepts volumes to remain subdued Harare - National Foods Holdings Limited reported a drastic double-digit volume decline across its business segments. Overall volumes dropped by 32%
Colcom volumes dropped 17% Pig production saw a 7% growthIrvine’s table eggs registered a 26% volumes growth while frozen chicken slumped by 14% Harare - Innscor Africa Limited’s protein division saw a varying volumes performance in the six months ended 31 December 2019.
£1bn efficiencies to fuel New Category investment Creation of open innovation and corporate venture teams to accelerate the development of productsNew category revenue growth expected to slow in the first half of the year Harare - British America Tobacco Plc (BAT), a cigarette and tobacco manufacturing...
Volumes plunged 35%Revenue grew by 25%Operating income increased by 15%71% profit contraction Harare - Zimbabwe Stock Exchange listed alcoholic beverage maker, African Distillers Limited (Afdis) has joined the band wagon after registering low volumes, as the business environment succumbs to the prevailing macro-economic challenges.
All parts of the project progressing wellRevenue and EBITDA dropped by 5% to 10% in the material business segment Harare - Dual listed regional cement manufacturer Pretoria Portland Cement (PPC) has announced that there is marked progress on the project the Group embarked on following the indication...
PPC Zimbabwe volumes down by 15% to 20%SA cement volumes dipped by 16% to 18%, total imports up by 17% Group capex lower than the same comparable period and is expected to be lower end of the guided range given in the Group’s interim results Harare -...
Lafarge annual Output to increase 614%New CE to explore regional marketsNew US$2.2 mill Turkish plant to extend Lafarge product offering Listed Cement manufacturer, Lafarge Zimbabwe yesterday held a groundbreaking ceremony for an Expansion Project encompassing the construction of a US$2.2 million Turkish plant...
Decline in sales attributed to the impact of erosion of disposable incomesBoard of Directors are currently engaging the Judicial Manager on ensuring that Victoria Foods exits the judicial management before the financial year ending 30 September 2020The Group said that it will focus on ensuring consistent raw material supply pipelines are...