Search results for 'profit'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures
Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The
Jan 23, 2025
Companies
El Niño, Power Failures Weigh on NamPak: Only Plastics Unit Bucks the Trend in 2024
NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company
Jan 30, 2025
Top Stories
Zimbabwe's Platinum Output Drops 13% in Q1 2025: Insights into Latest Global Platinum Outlook
Zimbabwe’s platinum production experienced a significant decline in the first quarter of 2025 with the World Platinum Investment Council (WPIC) reporting a 13% drop to 115,000 ounces, attributed to lo
16 hours ago