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Up 175% MoMPrices are soaring as regulators are trying to tame pollutionRhodium is about 6% of PGM basket, but now largest revenue contributor HARARE -  Beyond imagination, rhodium has taken investors by surprise. Not only has the platinum group metal (PGM) surpassed gold...
Tonnes mined increased by 9%Volume of nickel concentrates sold 20% higherYear-to-date turnover increased by 8% ZSE-listed nickel focused mining entity, Bindura Nickel Corporation (BNC), tonnes mined increased by 9% to 116 525 in the third quarter ended 31 December 2020 (Q3 FY21), ahead...
Nickel mattes earned US$3 million more than goldAccounted for 22,4% of total export earningsGold and tobacco earnings fell by 7,6% and 5,7% respectively Nickel mattes have topped both gold and the golden leaf, tobacco which are traditionally Zimbabwe’s biggest exports in monetary terms...
HARARE – Unki Mine, an underground mine located in the center part of Zimbabwe in Gweru recorded a strong production performance during the fourth quarter ended 31 December 2020 highlighted by a 7% increase in PGM production to 55,000 ounces compared to the corresponding quarter in...
Food and online sales grew by 10.9% and 158.5% respectivelyRetailers in SA have been hit hard due to COVID-19 casesIn morning trade, the Group’s share surged 9.28% to R44.06 South African retailer Woolworths Holdings Limited reported a 5.3% sales increase for the 26...
Volumes decline 2%Economic blues forcing consumers to look for cheaper alternativesNatbrew is the leading opaque beer manufacturer in Zambia. HARARE – Natbrew Zambia which is wholly owned by Zimbabwe Stock Exchange – listed heavyweight beverage company, Delta Corporation has seen its sales volumes...
Dividend declared from Q3 2020 profitsThis is despite profit falling over 80% in the quarterThe company blamed the volatile macroeconomic conditions for this slump Real estate, property development and management company, First Mutual Properties Limited has declared an interim quarterly dividend from the...
Revenue dropped to US$25.0 millionSales volumes declined 15%Trojan Nickel Mine is the only operating mine within BNC at the moment HARARE – Bindura Nickel Corporation (BNC) says nickel concentrate sales for the half year ended 30 September 2020 declined by 15% to 2...
Overall Comment •             ZSE closes in losses as profit taking takes toll •             Heavies leading the decline after weeks of rallying •             Positive outlook projected following the announcement of an expansionary budget A rebound in...
Food imports increased to US$458M in first 9 months from US$140.5MThe severity of food emergencies are expected to persist through at least March 2021Merchandise imports are estimated to have contracted by 4.3% due to COVID-19 impact HARARE – Zimbabwe’s food import bill has...