14 C
Harare
Monday, July 6, 2020
Occupancy rates grew to 85.7%Arundel Office Park extension still at preconstruction stageCompany is focusing on driving rental growth, managing operating and maintenance costs Harare - First Mutual Properties (FMP) registered an improvement in occupancy rates in the year ended 31 December 2019 (FY2019)...
Occupancy levels grew to 79.2%Rental income increased by 44%Property expenses were 17% down Harare - Listed property concern, Mashonaland Holdings posted a growth in occupancy levels in the second quarter ended 31 March 2020 compared to the same period in the prior year.
COVID-19 brought about the need to re-strategizePandemic outbreak resulted in reduced tenants’ capacityBalance sheet preservation and cost control to be implemented Harare - COVID-19 outbreak has put ZIMRE Holdings’ aim to achieve its 2020 set targets off-course, creating the need for the business...
Operating profit improved by 426%Profit before tax increased by 613%US$7.4 million spent on Capex over 3 years Masimba’s revenue grew 34% in the 2019 financial year to  ZWL334 million from  ZWL249 million in 2018 on the back of a solid order book.
As the coronavirus pandemic slowly increases its spread on Zimbabwe with 10 confirmed cases and one death, Zimbabwe, just like many other countries across the world endures a national lockdown now in its second week. The lockdown which is gradually being loosened was imposed in a...
Tobacco handling volumes were 42%Distribution unit recorded 59% growthGeneral cargo volumes declined by 16% Harare- TSL’s logistics operations saw growth in volumes in the first quarter ended 31 January 2020. In a trading update for the review under review, the...
Declares ZWL10 cents dividendHarsh business operating environment affected performanceBenefited from its exporting segments Harare - As inflation rages, companies are attempting to retain shareholder value and one of the ways is to revise dividends. Hospitality entity Meikles becomes the latest in a series...
Declares ZWL5 cents dividendNow qualifies as dividend payingTime share rentals and rental increments from African Sun drive good performance Harare - Investment property, holding, development and consultancy company Dawn Properties has increased its dividend to shareholders for the second half period of its financial year by 35%...
Harare- Zimre Property Investments has seen positive uptake of new projects despite harsh economic environment and unstable pricing of goods and services in the third quarter ended 30 September 2019. The Company said its Sawanga Shopping Mall in Victoria Falls has started contributing to the revenue streams,...