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Saturday, September 26, 2020
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25% occupancy level from 43% SPLYRevenue declined by 51%The Board resolved not to declare a dividend due to the ongoing uncertainty Harare – The ongoing impact of the novel coronavirus (COVID-19) has led the Rainbow Tourism Group (RTG) to record a decline in...
Registered a profit after tax of ZMW46.9 million from a loss of ZMW10.8 millionoperating profit before investment property revaluation registered increases of close to 8%The group gained ZMW114.8 million in fair value of investment property portfolio Harare - Real Estates Investments Zambia (REIZ)...
Gold production volumes dropped by 39%Gold production at Cam and Motor Mine plunged by 59%Gold production at Dalny Mine decreased by 54% Harare - Integrated mining and metallurgical company RioZim posted a reduced gold and diamond output for the half year period to...
The Sustainability category recognised companies that have demonstrated considerable dedication to corporate, social and ethical responsibility. Harare – Econet Wireless Zimbabwe’s CSR and sustainability programmes gained significant recognition at the 2020 Quoted Companies Survey Awards ceremony with the country’s largest telecommunications provider taking...
Noku assists clients with banking and insurance services on WhatsApp 24/7Noku provides a customer focused experienceNoku allows one to open an FBC Instant Account or Mobile Moola wallet on WhatsApp without visiting a physical branch. Harare - COVID-19 has mandated most businesses to...
FPL for five persons rose by 6%TCPL for one stood at $3 449Forex auction system has managed to stabilize prices of goods Harare – Poverty levels based on data for August rose slightly compared to the prior month as government has been working...
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...
Independent auction volumes at TSF were 73% below prior yearVolumes in the ports business decreased by 37%Agricura registered a growth in market share and volumes HARARE-Agro-industrial Group TSL Limited has reported a decline in volumes across most of its segments during the third...
Mobile internet and data traffic increased by 56.2%People resorted to the internet and technical apps for work, education and informationOther segments like voice traffics registered declines Zimbabwe’s mobile internet and data usage exponentially increased during the second quarter of 2020 amid the coronavirus...
August MoM inflation shed 27.09 percentage points from 35.53% in JulyGovernment is targeting 2-digit YoY inflation by year endAccording to Equity Axis, the balance of risks remains to the downside Harare - The retail inflation, measured by Consumer Price Index (CPI) eased to...