INDUSTRIALS & ENERGY

MedTech warns of medicines shortage

PHARMACEUTICALS manufacturing firm, MedTech Holdings, has warned of a looming drugs shortage after it failed to access foreign currency from the Reserve Bank of Zimbabwe (RBZ) to import critical medic...

By Staff reporter | Published: 31 March 2018
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INDUSTRIALS & ENERGY

Medtech revenues up 14%

Pharmaceuticals manufacturer Med-Tech Holdings' revenues grew by 14 percent to $15,7 million last year due to strong demand in its distribution business.The financing cost of the group reduced 10 perc...

By Staff reporter | Published: 08 April 2014
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INDUSTRIALS & ENERGY

MedTech release an improved set of financials

MedTech released an improved set of financials, showing a 10% growth in revenue to $7m on the back of a 44% increase in the Medical segment revenue as well as a 5% sales growth in the FMCG segment. Th...

By Business reporter | Published: 14 October 2013
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LATEST PUBLISHED REPORTS

MMDZ | Unaudited results for HY ended 30 Jun 13

Financial Highlights:- Turnover: $ 7 000 390- Gross profit: $ 2 257 934- Operating profit: $ 331 998- Profit before taxation: $ 215 907- Profit after taxation: $ 161 169- Dividend: Nil- Total comprehe...

By MedTech | Published: 10 October 2013
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INDUSTRIALS & ENERGY

MedTech Holdings disposes of subsidiary

LOCAL pharmaceuticals manufacturer MedTech Holdings has completed disposal of its subsidiary, Zimbabwe Pharmaceuticals, closed in November last year due to its continuous loss-making and viability con...

By Business reporter | Published: 21 August 2013
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INDUSTRIALS & ENERGY

Medtech negotiating with a local company willing to buy Zimpharm

ZIMBABWE Stock Exchange-listed health care products manufacturer and supplier Medtech Holdings is negotiating with a local company for the disposal of its remaining shareholding in Zimbabwe Pharmac...

By Staff Reporter | Published: 10 June 2013
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