Search results for 'Profit Margin'
World
The Brick Dilemma: Willdale Limited's Struggle with Power Outages and Intense Rivalry

Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper

Jan 09, 2024
Companies
CFI Grapples with Informal Rivalry, Drought-Induced Challenges

CFI Holdings has faced significant challenges in its operations, citing high competition from unregistered informal market players and the impact of drought conditions in the six months to 31 March 20

Jul 31, 2024
Companies
NTS Shifts Focus to Personal Selling After Closing Four Retail Outlets

In a strategic move to adapt to market challenges, National Tyre Service (NTS) has shifted its focus to personal selling following the closure of four retail outlets at the beginning of the financial

Sep 06, 2024
Companies
Rainbow Tourism Group's Financial Performance Analysis

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

Oct 02, 2024
Companies
Edgars' Profit Margins Improve Fuelled by Modest Volume Growth in 1HY

Edgars Stores Zimbabwe Limited has reported a modest increase in sales volumes for the first half ended February 6, 2024, which contributed to improved profit margins. The Group’s total sales volume

Jul 18, 2025

Top Stories

ZiG Weekly Commentary: Temporary Triumph Masks Deeper Economic Fragility

The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is

Aug 05, 2025

Kavango Resources to List on VFEX, Targets US$14 Million for Zimbabwe Projects

Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch

Aug 05, 2025

Weekly Gold Wrap: Demand Soars to Record $132 Billion in Q2'25

The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g

Aug 05, 2025

Seed Co Volumes Plunge 59% as Export Orders Return to Normal Levels

Largest seed company,Seed Co Limited has recorded a 59% drop in sales volumes for the first quarter ended 30 June 2025, according to the company’s latest trading update. The drop was driven by the ab

Aug 04, 2025

Zimbabwe's Banking Sector Reports 20% Credit Growth in First Half of 2025

Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th

Aug 04, 2025

POSB Invests in Real Estate to Hedge ZiG Inflation

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

Aug 04, 2025

Zimbabwe’s 2025 Mid-Term Budget Review: What You Should Know

The 2025 Mid-Term Budget and Economic Review, themed "Building Resilience for Sustained Economic Transformation," sets the stage for Zimbabwe’s fiscal and economic trajectory in the second half of the

Aug 03, 2025

Trump’s Tariffs Take Effect Today: Zimbabwe’s Export Levy Slashed from 18%

President Donald Trump’s new tariff regime kicks off today, on the first of August 2025, with Zimbabwe facing a 15% ad valorem tariff on its exports to the United States, moderated from an initial pro

Aug 01, 2025