17.2 C
Harare
Wednesday, March 3, 2021
Home Markets Analysis

Markets Analysis

analysis of markets

The cautionary is the 11th so farTransaction involves the restructuring of the company’s capital structure Harare- Fidelity Life Assurance has issued yet another further cautionary statement as it is still engaged in discussions that involve a potential transaction that may have impact the value of the Company’s...
Headline loss expected to narrow by between 17% and 23%The losses are attributed to hyperinflation in Zimbabwe, as well as higher finance costs and taxation The Group is in talks with JSE for the lifting of the suspension of its shares, potentially in the first week of February 2020
“South Africa has opened its borders and cross-border trade is therefore expected to increase thereby feeding into higher collections in import duties”, ZIMRA said. Harare - Customs Duties, which are usually among the top five contributors to Zimbabwe’s net revenue collections, only contributed...
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...
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...
Increased to US$674.9 million6E ounces sold increased by 19% to 301 225 ouncesGroup remains optimistic of future prospects despite COVID-19 drawbacks HARARE – Zimbabwe’s largest platinum group metals (PGMs) miner, Zimplats Holdings Limited revenue for the half-year ended 31 December 2020 increased by...
Overall Comment •             All Share Index YTD gains clock 600% once again •             Local bourse posts highest weekly gain in 10-weeks •             ZWL stabilisation contributing to firm ZSE prices Bulls charged strongly in the week...
TBs worth ZWL$200 million issuedThe offer opens and closes on Wednesday 12 March 2020TB has a 180-day tenureThere has been an intensely low uptake of TBs in the greater part of last year The Reserve Bank has today floated Treasury Bills worth $200 million...
Gross Written Premium grew by 20%Net earned premium increased by 37%Recorded a growth in profit from a loss recorded in the prior comparable period Zambia domiciled Prima Reinsurance company posted a positive performance for the half year period ended 30 June 2020 compared...
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...