29.1 C
Harare
Sunday, November 28, 2021
59.16% growth in securities deposits134 accounts opened from 54 in JulyZSE market capitalisation decreased by 23% Chengetadzai Depository Company (CDC) registered a 59.16% growth in security deposits in the month of August 2020 compared to the prior month on the back of the...
Lockdown expected to slow down volumes for the quarterCAPEX for 2019 stood at ZWL236.4 million due to the continued refurbishment programmeRevenue and profit for 2019 grew by 464% and 1 050% respectively Harare – OK Zimbabwe anticipates a volumes decline in the first...
Earnings per share expected to grow by between 111% and 121%Headline earnings per share to increase by between 258% and 275%The company received a non-binding indicative offer for its  Oro Agri business Harare - Omnia Holdings, a chemical manufacturing company said it expects...
A cynic is a person who, when he or she sees flowers, he or she thinks only of a funeral instead of romance or love. With a lot going on in our country, any mention of positive developments can be drained by cynics who do not...
Production grew by 3%Sales volumes were down due to suppressed demand in HY2020Company remains under judicial management Harare- Border Timbers’ lumber production in the nine months to 31 March 2020 grew from prior comparable period, after the Company has been recording declines in...
Month on month inflation rate in May was 15.13%Zimbabwe’s inflation is the highest in AfricaDriving the inflation rate is a plummeting exchange rate Zimbabwe’s unbridled inflation continues to sky-rocket on hitting 785.55% in May, the latest data released by ZIMSTAT reveals. Zimbabwe is...
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...