Willdale says sales volumes in the five months to February are 10% above prior year while profitability in the period has grown above the inflation rate due to an effective pricing mechanism and cost ...
By Staff reporter | Published: 19 March 2020
FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...
By New Ziana | Published: 01 October 2019
TOBACCO seed sales have declined by 20%, with the volumes being the lowest since 2015, a development that could see reduced hectarage of the crop next season, a Zimbabwe Tobacco Association (ZTA) repo...
By Staff reporter | Published: 30 September 2019
Prices of goods and services may have reached the plateau, amid indications volumes have started dipping significantly as consumers struggle with affordability, captains of industry and economic analy...
By Staff reporter | Published: 14 June 2019
TOBACCO sales are down 44% at $292,8 million after 53 days of trade, compared to $523,5 million achieved last season, data from the industry regulator Tobacco Industry and Marketing Board (TIMB) shows...
By Staff reporter | Published: 11 June 2019
Listed hardware chain, Electrosales, reported a profit after tax of ZWL$2,5 million in the six months to March compared to ZWL$2 million during the same period last year, but the company has warned of...
By Staff reporter | Published: 09 June 2019
CLOTHING retail outlet Edgars Stores Ltd suffered a decline in sales in the last quarter of 2018 due to the currency volatility rocking the market.The announcement by the Reserve Bank of Zimbabwe on O...
By Staff reporter | Published: 03 May 2019
ZIMRE Property Investments (ZPI) says it recorded a loss of $1,42 million during the year ended December 31, 2018, compared to a profit of $2,49 million in 2017 due to portfolio restructuring and redu...
By Staff reporter | Published: 02 May 2019
At least 29.3 million kilograms of tobacco worth about 51.1 million U.S. dollars have been sold so far at auction and contract floors as the marketing season is moving slowly due to pricing concerns b...
By Xinhua | Published: 27 April 2019
CAR dealers in Bulawayo have lamented the decline in sales since Government announced that people importing vehicles will now pay duty in foreign currency. In his 2019 National Budget statement in Par...
By Staff reporter | Published: 04 December 2018
BRITISH American Tobacco (BAT) has recorded a 60,68% jump in profit-after-tax (PAT) from $4,61 million to $7,41 million for the half year period ended June 30, 2018.The profits were driven by increase...
By Staff reporter | Published: 27 July 2018
POLICE officers yesterday celebrated after Commissioner-General Godwin Matanga abolished the mandatory purchase of raffle tickets towards the traditional Commissioner-General Funfair and Horse Race. O...
By Staff reporter | Published: 18 July 2018
TOBACCO sales have recorded a 28,3 percent increase so far, raking in $592,3 million compared to $461,6 million earned during the same period last year.Latest data from the Tobacco Industry and Market...
By Staff reporter | Published: 26 June 2018
MINERAL sales by volume increased by 29% to 592 179 metric tonnes (mt) in the first four months of the year, with most minerals registering a growth, statistics from the Minerals Marketing Corporation...
By Staff reporter | Published: 23 May 2018
Over 100 million kilogrammes of tobacco worth $289,8 million have been sold by farmers since the opening of the season.The tobacco was sold at an average price of $2,87 per kilogramme. According to th...
By Staff reporter | Published: 16 May 2018
PROTON Bakers says it has recorded 400 percent growth in sales in Bulawayo alone where it has created 153 jobs, a year after entering the market in the southern region.The Marondera-headquartered firm...
By Staff reporter | Published: 15 May 2018
TOBACCO sales have reached $25.8 million from 8.9 million kilogrammes delivered at the auction floors since the start of the marketing season on March 21, official figures show.During the comparable p...
By Staff reporter | Published: 12 April 2018
ZIMBABWE's state-owned diamond company is planning to introduce contract sales, as part of a strategy to revive operations and bring greater transparency at the Marange fields in Manicaland province.T...
By Staff reporter | Published: 12 April 2018
LAFARGE Cement Zimbabwe Limited posted a loss of $609 589 for the year ended December 31, 2017, on the back of an increase of costs and expenses.In a statement accompanying the financial results relea...
By Staff reporter | Published: 04 April 2018
Listed brick-making firm, Willdale Limited's sales volumes during the first five months of the financial year 2018 were 13 percent above same period in the prior year and 1 percent above budget on fir...
By Staff reporter | Published: 02 April 2018
Sales for new vehicles in 2017 declined by 7,45% to 3 154 due to shortages in foreign currency to purchase newer vehicles. Vehicles are still considered as a non-priority on the foreign currency prior...
By Staff reporter | Published: 15 February 2018
Sales for new vehicles in 2017 declined by 7,45% to 3 154 due to shortages in foreign currency to purchase newer vehicles. Vehicles are still considered as a non-priority on the foreign currency prior...
By Staff reporter | Published: 15 February 2018
SIMBISA Brands confectionery unit, Baker's Inn, says their sales grew by 22% in the southern region after the launch of the company's "Buy and Win" promotion.In an interview with NewsDay on the sideli...
By Staff reporter | Published: 30 January 2018
SOME farmers who were allocated land on the outskirts of Harare and other towns are illegally converting the land into residential stands and selling them.It has emerged that these unscrupulous land d...
By Staff reporter | Published: 30 January 2018
The Harare City Council (HCC) has begun impounding vehicles from unregistered car sales, in a blitz targeted at curbing illegal activities in the city.In an interview, HCC spokesperson Michael Chideme...
By Staff reporter | Published: 29 January 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
