Search results for 'Innscor'
Zimbabwe
Innscor Archives steady volumes growth, despite waning momentum

The Bakery Division experienced a marginal drop in comparison to the comparative quarter. This was propelled by the Russia-Ukraine war which made global wheat prices surge. Recently prices of wheat ha

Nov 18, 2022
Zimbabwe
The Great Migration: Innscor’s Shift to VFEX Sparks Zim Market Shake-Up

Innscor’s decision to migrate from the ZSE to the VFEX is a significant move that will have far-reaching implications for the company, the ZSE, and the VFEX. In this analysis, we will explore the impl

Feb 28, 2023
World
Battle of the Heavyweights : Innscor's Bold Move Challenging Delta's Opaque Beer Hegemony

Delta's Revenue soared by 164% to ZWL1.9 trillion in HY'24 Nyathi Beer opaque beer production at 30 000 hectolitres against Delta's 350 000 hectolitres Innscor possesses the firepower to rival Delta's

Nov 20, 2023
Companies
Innscor Starts FY25 on Firmer Note, but VAT Changes Weigh on Industry

Largest foods processor, Innscor Africa Limited has posted a solid Q1 performance for the period to 30 September 2024. This performance which saw over 90% of its units on the upward trend, sustain gro

Nov 19, 2024
Companies
Innscor Invests US$10.4 Million for 2024/25 Summer Season

Innscor Africa, the largest food processor in Zimbabwe, through its agricultural unit PHI, has made a significant investment of US$10.4 million for the 2024/25 summer cropping season. The primary aim

Mar 18, 2025
Companies
Innscor’s Revenue Surpasses Half a Billion in HY25

Innscor, a leading Zimbabwean conglomerate, has reported a 12% increase in revenue to US$535.8 million for the six months ended 31 December 2024 according to the latest financial report from the group

1 day ago

Top Stories

Botswana Bets More on Coal to Ease Energy Crisis

Botswana, a landlocked nation in Southern Africa, is poised to deepen its reliance on coal to address persistent generation challenges. With proven coal reserves estimated at 212 billion tons though o

18 hours ago

ZiG Records the Biggest 'Crush' Year-to-Date

The Zimbabwe Gold (ZiG) has depreciated against the United States Dollar (USD), recording an exchange rate of 26.7279 on 25 March 2025, extending a loss-making streak observed since the commencement o

21 hours ago

No Winners in Trade Wars: Global Economic Growth Downgraded

The global economy stands at a crossroads, with trade tensions casting a long shadow over its prospects. The Organisation for Economic Co-operation and Development (OECD) released its latest economic

1 day ago

Gold Weekly Wrap: Trio of Titans, How 9 Tonnes Set Stage for Zimbabwe’s Gold Glory

Zimbabwe is gearing up for an ambitious goal of producing 40 tonnes of gold in 2025, a target made tantalisingly achievable by gold prices soaring past $3,000 per ounce amid global geopolitical tensio

1 day ago

Innscor’s Revenue Surpasses Half a Billion in HY25

Innscor, a leading Zimbabwean conglomerate, has reported a 12% increase in revenue to US$535.8 million for the six months ended 31 December 2024 according to the latest financial report from the group

1 day ago

Distribution Group Africa Set to Restructure and Realign Performance with Revenues

Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig

1 day ago

ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

Mar 21, 2025

Zimbabwe to Host 40th SADC TBT Aiming to Eliminate Trade Barriers

Zimbabwe is set to host the 40th Southern African Development Community (SADC) Technical Barriers to Trade (TBT) Cooperation Structure conference from March 24 to 28, 2025, at the Peniel Retreat Centr

Mar 21, 2025