PICK N PAY's Zimbabwean subsidiary TM Supermarkets took a 6,3 percent drop in profits in the 52-week period to end of March as it adjusted to currency and exchange reforms. The South African headquart...
THE microfinance credit-only sector has posted a strong financial performance for the first nine months of the year despite operating under a challenging environment, according to Zimbabwe Association...
ZIMBABWEANS will on Monday hold crucial elections, where they will be choosing the country's next President and Members of Parliament to guide the nation in the next five years.NewsDay will, in this a...
NMBZ Holdings expects its 2018 performance to be even better than last year's, its chief executive, Mr Ben Washaya, told the group's annual general meeting last Thursday (May 24).He said already the o...
PLASTIC pipes and fittings manufacturer, Proplastics Limited had a strong performance in the first four months of the year to April 2018 with revenue coming out 86 percent ahead of same period last ye...
The President Robert Mugabe has expressed deep concern over the continued underperformance of state enterprises and the parastatal sector whose current contribution to the national gross domestic prod...
CBZ Holdings group has recorded a standstill profit after tax of a meagre 0,8% to $11,95 million in its half-year results ending June 30 2017, with cash and foreign shortages contributing to the slugg...
The government is moving to introduce performance contracts for all parastatal board members, amid indications that failure to sign the contracts inside two months of appointment will be punishable by...
Zimbabwe's largest platinum producer Zimplats reported a depressed performance in the last quarter ending December 2014, with the miner posting a $20,5 million operating loss due to the collapse of it...
ECONOMIC commentators say the performance of the banking sector in the first quarter was satisfactory given the prevailing challenges the country is facing.The Reserve Bank of Zimbabwe, in its banking...
Zimpost expects a flat performance in the topline but is forecasting better performance in 2015 as new products begin to perform, a company official said.Zimpost introduced an array of products with t...
BAT performance remained flat with volumes roughly 1% below mainly due to difficult operating conditions, MD Lovemore Manatsa told the AGM today. "In terms of the update comparing with last year ...
Now, more than any other time in history, performance drives business. The challenge is how to get to a reasonable measure of company performance that will also be a good performance predictor. In thi...
THE Confederation of Zimbabwe Industries (CZI) is assessing the performance and status of its 300-strong members in view of the economic challenges companies in the country are facing.In an interview ...
For FY 2013, Chemco posted an improved operating performance following the restructuring of the company. The operating loss reduced by 83% to $153,256. Net gearing deteriorated to an untenable 1...
ZIMBABWE Glass Company, the country's sole flint glass producer, says it is facing severe competition from foreign-based companies that take advantage of purchasing power parity in their countries."Co...
THE country's industrial performance is likely to remain depressed in 2014 due to a host of challenges facing the economy, HiFund Investment director Mr Arnold Chidhakwa said on Friday.Presenting a p...
According to the Reserve Bank of Zimbabwe's monthly report for July, credit to the private sector continued to be driven by loans and advances, which were partly sustained by offshore lines of credit,...
The opportunities to acquire real estate properties are rising and at the same time property prices are also climbing up.In the previous week the Property sector has been performing well on the ZSE....
DESPITE reporting strong interims for the period ending June 30 and bright future prospects, ABC Holdings' performance has not been reflected by the company's shares, analysts have said.Analysts who s...
BULAWAYO City Council (BCC) undertaking Ingwebu Breweries has recorded a strong performance for the year ended 2012 with traditional beer volume growth of 16% despite fierce competition in the cut-thr...
AFRICAN Banking Corporation Group says its interims for six months to June this year will be solid despite a US$10 million impairment in respect of a contingent liability."Shareholders are advised th...
Lafarge's performance in the first 4 months was unchanged with revenue of $21.7 million, almost the same figure posted in the comparative period, MD Jonathan Shoniwa told the AGM this morning. "...
TA Holdings' operating income grew 234% to $5.5 million due to improved underwriting profits from the insurance company, CEO Gavin Sainsbury told an analysts briefing yesterday. This resulted ...
Afdis reported a strong operating performance showing a 22% growth in sales volumes to 3.2m litres. Local production increased by 21% to 1.7 million litres and accounted for 62.9% of total revenue. ...