11.1 C
Harare
Monday, July 6, 2020
FY cigarette volumes to be ahead of industry volumesCorporate value share to be up 20bps YTDStrategic brands to be up 30bps YTD in volume share Harare – London domiciled cigarette manufacturer British American Tobacco (BAT) which is parent to BAT Zimbabwe, listed on...
Companies now have to deal with a double-edged impact of an already dire economic conditions in a hyperinflationary environment and now the implacable financial and economic impacts of COVID-19Proplastics and Unifreight announce delay in annual financial results publication citing the impact of COVID-19Other companies already forecast missed...
Global economy to contract -3% due to COVID-19Global growth expected to grow by 5.8% in 2021Urges Multilateral cooperation to vulnerable countriesIMF skips Zimbabwe in debt relief Harare - The coronavirus has left the global economy with little to no hope as the severity...
Zim has only tested 400 people so farSocial distancing “unrealistic” in South SudanZim’s economy fragile, hunger imminentAfrica ill-equipped to fight the pandemic The United Nations in a Wednesday publication indicated that Zimbabwe and South Sudan are the most vulnerable countries in Africa to...
Coronvirus panic buying is global phenomena Zimbabweans are anticipating lockdown The country ill prepared for a lock-down Zimbabweans are slowly embracing the reality of coronavirus possibly hitting the country and against this expectations, hoarding of groceries...
As the economy plunges into misery, Zimbabwe’s largest  Internet Service Provider (ISP), Liquid Telecoms has offered the local careworn business fraternity “temporary relief.” Liquid is set to roll out a relief initiative of providing 20%-50% additional bandwidth with speeds of up to fifty percent faster....
The market traded off record highs with heavies leading the retreat Despite the softening indices, ZSE is the best performing bourse in the region Further weakness in exchange rate likely to cut short the selloff The local...
South African High Court declares Moyo’s firing as legalOld Mutual is now free to appoint a new CEOPeter Moyo may appeal the decisionOld Mutual Zimbabwe under a new CEO JSE listed heavyweight, Old Mutual which has operations in Zimbabwe, this morning won a high court case against former group...
Group refocuses attention to value preservationProfit mounts 806% over the past 9 monthsTotal revenue grew by 294% to ZW$234.1millionNon-funded income contributes 86% to total revenue As economic turbulence takes its toll on Zimbabwe, ZSE listed financial services group ZB Financial Holdings has given an indication of a shift in the...
Harare - South African based investment and holding company Pepkor is existing Power sales as it cites the continued adverse macroeconomic conditions affecting trading and the weakening currency in Zimbabwe. Pepkor manages a portfolio of retail chains focused on the value of market selling predominantly clothing, footwear...