The other factor that led to the low volume of sales and revenue also has to do with the roof collapse the company experienced which suppressed the availability of cement.
Nov 18, 2022
Fossil Mines is a consortium of entrepreneurs led by Obey Chimuka. The conglomerate has concluded its Lafarge takeover after completing the purchase of a 76.45% stake held by Lafarge Holcim's subsidia
Dec 06, 2022
Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las
Feb 06, 2024
irst Capital Bank has concluded its fiscal year 2023 on a positive note, achieving remarkable profitability and a substantial increase in loans and advances, which are integral to the banking industry
The Board of Directors of First Capital Bank declared a final dividend of US$ 0.22 cents per share for the period ended 31 December 2023. The dividend will be paid on or about the 10th of May, 2024, t
The Zimbabwean Government's introduction of the Zimbabwe Gold (ZiG) currency has shown initial signs of stability and acceptance in the business community. Initially trading at US$1: ZiG13, the ZiG h
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
The construction industry is facing significant challenges, according to Masimba Holdings Limited, a leading construction company. In its latest financial results for the full year ended December 31,
Innbucks Microbank, a prominent microfinance institution, has unveiled its ambitious plans to expand its product offerings and drive growth in the second half of the 2024 financial year. With a strong
Padenga Holdings Limited, a determined gold miner listed on the Victoria Stock Exchange, is setting a new record target amidst intense competition among the top three gold producers in Zimbabwe. After
Hwange Colliery plans to halt underground mine production for 6 months to address coal oversupply and prevent spontaneous combustion Spontaneous combustion poses a significant risk to the company, as
