20 C
Harare
Sunday, January 24, 2021
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...
Mobile subscriptions declined to 12.9mInternet penetration rate declined by 2.4%The decline is attributable to the depressed demand in the economy Harare – As the country continues to reel from hyperinflation with the world’s second highest annual inflation rate after Venezuela, the total number...
Total income declined by 3% to ZWL$1.2bnGross loans and advances increased by 3% to ZWL1.439bnThe banking subsidiary is enhancing digital offerings to provide convenience in transacting Harare- NMB Holdings’ basic earnings per share of 170.53 cents in the half year period to 30...
Revenue declined by 14.6% to R22.4 billion (R26.2 billion: 2019)Headline EPS at 235.3 cents was 64% lower on prior yearFlags impact of liquidity constraints in Zimbabwe on operations South Africa based liquor group, Distell reported a fall in revenue and profit streams stemming...
Revenue from continuing operations grew by 6% from ZWL 8.3 billion in 2019 to ZWL 8.8 billion in 2020Profit after tax from retail operations grew to ZWL 674.8 million from a loss of ZWL 21 million in the previous year“The Group’s profit performance to date for the...
ZSE tanked over 5% in the past weekASI hits 8 successive sessions in the negativeA cumulative ZWL45billion has been lost since the market resumed last weekForeign selloffs have been dominant in sell-offs The ZSE has remained in losses since resuming trades early in...
The Zimbabwe dollar traded at 1:8,56 in latest auction tradingFrom the totals allocated, US$7.6 million was allotted towards raw materials on the main auction whilst US$235 721 was allotted towards the same on the SME auction●       “The Foreign Exchange Auction System shall continuously be fine-tuned in order...
James, the Apostle, and the brother of Jesus Christ, is said to have died in Spain. In his honour, a shrine was built at the Cathedral of Santiago de Compostela in Spain. Cape Finisterre is the final destination of the famous pilgrimage to this shrine of...
Loss per share expected to drop by more than 100%Headline loss per share expected to dip significantly by more than 100%Adjusted EBITDA expected to decline by between 17% and 37% Harare - Integrated energy and chemical company Sasol warned that it had plunged...
Company said it has agreed with ZSE that its shares be temporarily suspended from tradingPPC is 1 of the 3 dual listed counters on the ZSEPPC notes that an investigation into the dealings on the ZSE found the company innocent of any wrongdoing