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INDUSTRIALSThe Industrial Index continued its resurgence as it added 0.91 points (0.46%) to close at 197.64 points. SEEDCO (SEED.zw) was $0.0400 solid at $1.4500, HIPPO (HIPO.zw) moved up by $0.0100 t...

By ZSE | Published: 05 July 2017

OPINION

Expectations from national credit reference system

The going live of the central credit registry system is a big milestone for the financial services sector in Zimbabwe since the introduction of the multi-currency system.It is a accepted fact that the...

By Dr Sanderson Abel | Published: 05 July 2017

MINING & RETAIL

Caledonia on course to achieve 2017 target

Caledonia Mining Corporation is on course to achieving its 2017 gold production target of 52 000 ounces to 57 000 ounces at its 49 percent-owned Blanket Mine in Zimbabwe.This is after the Toronto Stoc...

By Staff reporter | Published: 05 July 2017

LANDS & AGRICULTURE

Cash shortages fuel cotton side marketing

THE prevailing cash shortages have given rise to massive side-marketing of cotton contracted by the Government with private buyers paying spot cash to entice farmers.While the Government is entitled t...

By Staff reporter | Published: 05 July 2017

TRANSPORT & TOURISM

Swiss firm bid for NRZ recapitalisation

The State Procurement Board (SPB) yesterday unveiled six investors interested in the recapitalisation of the state-owned, National Railways of Zimbabwe (NRZ).NRZ infrastructure, which includes the rai...

By Staff reporter | Published: 05 July 2017

POLITICS

Mnangagwa speaks on Jonathan Moyo

VICE PRESIDENT Emmerson Mnangagwa has urged Zimbabweans not be distracted by the vilification of Government's initiatives to revive the agriculture sector in the private media as the bumper harvest wa...

By Staff reporter | Published: 05 July 2017

BUSINESS NEWS

Buy Zimbabwe Summit begins today

The Buy Zimbabwe Summit and Investment Forum to champion economic policy reform, growth and prosperity in the country, roars into life in Victoria Falls today with various participants from different ...

By Staff reporter | Published: 05 July 2017

MINING & RETAIL

BNC smelter restart project now 83% complete

ASA RESOURCES Group' subsidiary, Bindura Nickel Corporation's (BNC) smelter restart project is 83% complete after $21,5 million was spent on the project which is set for completion this financial year...

By Staff reporter | Published: 05 July 2017

BUSINESS NEWS

CSR programmes need monitoring

INDUSTRIALISTS have said funding challenges are crippling their corporate social responsibility (CSR) programmes meant to fill in developmental gaps by addressing human needs and challenges within com...

By Staff reporter | Published: 05 July 2017

FINANCIAL SERVICES

Zimbabwe banks accountable for fraudulent use of cards

FINANCIAL institutions will be held responsible for any fraudulent or unauthorised transactions carried out without the knowledge of a credit or debit card holder.The Reserve Bank of Zimbabwe (RBZ) la...

By Staff reporter | Published: 05 July 2017

INDUSTRIALS & ENERGY

Zimbabwe's cooking oil industry regains capacity

THE cooking oil industry is operating at between 50 and 60% of capacity following import restrictions imposed by government in the past three years, an industry official has said.Oil Expressers Associ...

By Staff reporter | Published: 05 July 2017

LATEST PUBLISHED REPORTS

SACL.zw | Audited Financial Results FY17

Financial Highlights:- Revenue $ 32 633 869- Loss before interest and tax $ (3 974 202)- Loss before taxation $ (5 674 989)- Loss for the year $ (5 859 858)- Dividend Nil- Total comprehensive loss for...

By SACL | Published: 05 July 2017

LATEST PUBLISHED REPORTS

BIND.zw | Audited Financial Results FY17

Financial Highlights:- Turnover $ 45 122 963- Gross profit $ 13 950 410- Operating profit $ 2 397 184- Profit before taxation $ 1 416 608- Profit and total comprehensive income for the year $ 609 961-...

By BIND | Published: 05 July 2017

LATEST PUBLISHED REPORTS

FALG.zw | Unaudited Financial Results HY17

Financial Highlights:- Sales of gold bullion $ 3 658 297- Gross loss $ (1 966 956)- Operating loss $ (2 512 386)- Loss from continuing operations $ (2 538 628)- Total loss for the half year $ (2 423 8...

By FALG | Published: 05 July 2017

LATEST PUBLISHED REPORTS

TSL.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $ 23 626 316- Profit from operations $ 2 761 707- Profit before tax $ 2 117 846- Profit for the year $ 1 584 322- Dividend Nil- Total comprehensive income $ 1 584 322- E...

By TSL | Published: 05 July 2017

LATEST PUBLISHED REPORTS

WILD.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $ 4 052 778- Operating profit $ 3 771- Loss before taxation $ (433 900)- Loss for the half year $ (380 564)- Dividend Nil- Total comprehensive loss for the half year $ (...

By WILD | Published: 05 July 2017

LATEST PUBLISHED REPORTS

HIPO.zw | Audited Financial Results FY17

Financial Highlights:- Revenue  $ 148 489 000- Profit before tax  $ 9 081 000- Profit for the year   $  7 674 000- Dividend   Nil- Total comprehensive income for the...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

ARIS.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $  3 479 986- Gross Profit $  817 319- Loss before interest and  tax $ (1 188 725)- Loss for the period $ (1 998 930)- Dividend   Nil- Total com...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

PWS.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $ 23 932 905- Gross profit $ 6 291 697- Operating profit $ 1 187 353- Profit before taxation $ 782 051- Profit for the period $ 580 673- Dividend Nil- Total comprehensiv...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

MEIK.zw | Audited Financial Results FY17

Financial Highlights:- Revenue $ 457 626 000- Operating profit $ 13 174 000- Profit before tax $ 5 344 000- Loss for the year $ (746 000)- Dividend Nil- Total comprehensive income for the year $ 348 0...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

ARTD.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $ 15 207 000- Gross profit $ 6 153 000- Operating profit $ 1 984 000- Profit before interest and tax $ 2 023 000- Profit before tax $ 1 276 000- Profit after tax $ 1 254...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

ECO.zw | Audited Financial Results FY17

Financial Highlights:- Revenue $ 621 705 000- Profit from operations $ 92 023 000- Profit before taxation $ 65 966 000- Profit for the year $ 42 408 000- Dividend per share 0.467 US cents- Total compr...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

FIDL.zw | Audited Financial Results FY16

Financial Highlights:- Total revenue $ 36 554 892- Profit before tax $ 3 602 517- Profit for the year $ 2 325 666- Dividend Nil- Total comprehensive income for the year $ 1 290 961- Basic earnings per...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

MASH.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $ 2 394 226- Net property income $ 1 645 161- Net property income after administrative expenses $ 995 255- Operating profit before finance income and tax $ 1 558 880- Pr...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

OKZ.zw | Audited Financial Results FY17

Financial Highlights:- Revenue $ 472 404 982- Profit before tax $ 8 884 947- Profit for the year $ 6 056 609- Dividend per share 0.26 US cents- Total comprehensive income for the year $ 6 084 682- Att...

By A | Published: 05 July 2017

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