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Harare
Monday, June 14, 2021
Harare - Zimbabwe Stock Exchange listed Turnall recorded sales volumes that were 31% below the prior comparative year, in the third quarter ended 30 September while the year to dates sales volumes were 28% below the previous year period. In the trading update, the company said...
Revenue was ZWL 189.8MPAT up 108% on cost containment measuresDemand for products expected to recover on positive economic outlook Harare – National Tyre Services (NTS) Limited operations remained subdued during the half-year ended 30 September 2020 as the biting impact of the COVID-19...
Both operations to be subsidiaries of Beta InternationalNew company planning to expand into Southern/Central African region in the new five yearsIntegration of both companies to take place over the next three months Harare – Beta Holdings, one of Zimbabwe’s largest brick and roof...
Revenue growth of 10.5% recordedSales volumes lower due to Zim economic challengesGroup revenue up by 2.7% Harare- The economic challenges being experienced in Zimbabwe negatively affected the performance of Distell’s African units in the six months ended 31 December 2019. In a...
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$2.2 million Turkish plant...
Volumes tumbled across all segmentsRevenue grew by a marginal 1%No dividend pay-out HARARE – Listed manufacturer and marketer of packaging products, Nampak Zimbabwe Limited has suffered a plunge in volumes across all segments for the year ended 30 September 2020. The company on...
Currency shortages in Zimbabwe to impede on profitabilityBan of alcohol sales to affect revenue performanceVolumes in Angola to remain low on COVID-19 and low oil pricesCOVID-19 likely to disrupt supply chains Harare - Diversified packaging manufacturer Nampak Limited, parent to Nampak Zimbabwe anticipates...
2019 capacity utilisation fell to 36.4 from 48% in 2018According to the CZI report, on energy, companies indicated that they get 50% monthly power supply from the main gridThe projected 2020 capacity utilisation is 27%, which is 9.4% below the 2019 levelSouth Africa dominated as the source of raw materials, followed by...
Full year profit expected to be 65% and 75% ahead of last yearProjected growth anchored on recovering sales volumes and favourable currency movementsCompany’s other value chain operations affected by COVID-19 response measures Harare- Botswana Stock Exchange-listed (BSE) Company, Seed Co International Limited Group...
HEPS is expected to increase to 402 centsEPS is expected to increase by between 503% and 523%Operational performance exceeded management's expectationsHigh inflation and a weaker ZW$ presenting the Group with associated challenges JOHANNESBURG - South Africa-headquartered chemical manufacturing group, Omnia Holdings expects headline...