INDUSTRIALS & ENERGY

Turnall explores export markets

Zimbabwe Stock Exchange (ZSE) listed roofing and building materials manufacturer, Turnall Holding, intends to increase its product range to include production and supply of non-asbestos roofing materi...

By Staff reporter | Published: 25 April 2019

INDUSTRIALS & ENERGY

Turnall restructures its short-term debt

ASBESTOS fibre cement products manufacturer Turnall Holdings will be debt free by the end of the 2019 financial year after it managed to offload its $7,2 million loan to the Zimbabwe Asset Management ...

By Staff reporter | Published: 27 July 2018

INDUSTRIALS & ENERGY

Turnall on recovery path

SALES volumes at the Zimbabwe Stock Exchange-listed plumbing materials producer Turnall Holdings Limited surged 70 percent during the first months to May, as product availability improved in Zimbabwe,...

By Staff reporter | Published: 15 June 2018

INDUSTRIALS & ENERGY

Turnall seals US$29m deal

Turnall Holdings Ltd has successfully concluded payment arrangements with key creditors it owed US$25 million in a crucial deal that will go a long way in restructuring the company's capital structure...

By Staff reporter | Published: 06 April 2018

INDUSTRIALS & ENERGY

Willdale sales volumes increase

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

CONSTRUCTION & PROPERTY

Turnall on the brink of bankruptcy

Roofing and piping products manufacturer, Turnall Holdings, has approached the RBZ seeking a $10 million bailout package it requires to retire toxic debt. Turnall is saddled by a $15 million debt, whi...

By Staff reporter | Published: 12 January 2018

CONSTRUCTION & PROPERTY

Turnall seeks to arrest earnings decline

Buildings and associated industries concern, Turnall Holdings Limited's restructuring of its balance sheet is expected to be completed this year as the group focuses on reversing earnings declines exp...

By Staff reporter | Published: 02 October 2017

BUSINESS NEWS

Turnall partners NBS

Turnall Holdings Limited says it is expecting the strategic partnership it entered into with the National Building Society (NBS) for construction of houses around the country to improve its revenue fo...

By Staff reporter | Published: 22 August 2017

INDUSTRIALS & ENERGY

Turnall eyes Govt, NSSA projects

TURNALL Holdings Limited is targeting government and NSSA business as it works toward a break even position by year end, acting managing director Roselyn Chisveto told shareholders at the annual gener...

By Staff reporter | Published: 21 August 2017

INDUSTRIALS & ENERGY

SecZ piles pressure on Turnall over fraud charge

TURNALL Holdings is studying a complaint by LHG Malta Holdings Limited to regulators over possible contravention of the Securities and Exchange Commission of Zimbabwe (SECZ) Act and the validity of a ...

By Staff reporter | Published: 03 August 2017

INDUSTRIALS & ENERGY

Turnall still to find investor

LISTED Turnall Holdings Limited is yet to secure an investor to give a lifeline to its operations, with revelations the firm's debt restructuring exercise will be completed by the end of August.The co...

By Staff reporter | Published: 12 July 2017

INDUSTRIALS & ENERGY

Turnall unveils Ravenna concrete tiles

MINISTER of Industry and Commerce, Honourable Mike C Bimha, officially launched the Turnall Ravenna Concrete Tiles and Pavers at an event held at the group's premises in Southerton, Harare last month....

By Staff reporter | Published: 21 July 2014

INDUSTRIALS & ENERGY

Turnall's volumes to surge 20% by year end

Turnall MD John Jere told the AGM today that the cash model adopted by the company in 2014 as opposed to the credit sale model was met with resistance therefore affecting volumes although they firmed ...

By Staff reporter | Published: 27 May 2014

CONSTRUCTION & PROPERTY

Turnall in $8m SA deal

Turnall Holdings Limited recently managed to tie up $8 million worth of deals with South African construction companies, raising expectations that the firm will be able to dig itself out of the curre...

By Staff reporter | Published: 31 March 2014

INDUSTRIALS & ENERGY

Turnall shifting focus towards top tier market

Turnall will be shifting its focus towards the top tier market going forward as subdued demand patterns have affected the low end market segment, MD John Jere told an analyst briefing yesterday."We ar...

By Staff reporter | Published: 20 March 2014

CONSTRUCTION & PROPERTY

Demand for Turnall tiles falls

Turnall Holdings Limited says production capacity for tiles fell by 28% due to a fall in domestic demand. As a result the company is planning to explore new markets in the region. Last year...

By Staff reporter | Published: 26 February 2014

FINANCIAL SERVICES

FBC not selling Turnall

LISTED financial services group, FBC Holdings (FBCH), has shelved plans to sell its 49 percent stake in the roofing and building products manufacturer, Turnall Holdings Limited, the Financial Gazette ...

By Staff reporter | Published: 05 December 2013

INDUSTRIALS & ENERGY

Future looks good for Turnall

The future looks bright for Zimbabwe Stock Exchange-listed building and piping products manufacturer Turnall Holdings Limited with financial analysts predicting revenue and earnings growth.In its Nov...

By Staff reporter | Published: 02 December 2013

CONSTRUCTION & PROPERTY

Turnall tile making plant to reach full capacity by year-end

Listed roofing and building products manufacturer Turnall Holdings Limited tiles making plant which was commissioned in August this year is close to meeting its capacity of 45 000 tiles per day, a com...

By Staff reporter | Published: 27 November 2013

BUSINESS NEWS

Turnall judged best governed company on ZSE

Turnall Holdings won the trophy for the Best Governed Company on the Zimbabwe Stock Exchange in the inaugural Excellence in Corporate Governance Awards. British American Tobacco came second. Econet Wi...

By Consultants | Published: 15 November 2013

INDUSTRIALS & ENERGY

Turnall to commission a 45,000 tile making plant

Turnall Holdings Limited is set to commission a 45 000 tile-making plant next month as the company angles to dominate the market and increase capacity utilisation. The managing director, Mr John Jere...

By Business reporter | Published: 08 September 2013

CONSTRUCTION & PROPERTY

Turnall reports half-year loss

ZIMBABWE Stock Exchange-listed manufacturing concern Turnall Holdings has reported an after-tax loss of $111 875 for the six months to June compared with a profit of $874 118 recorded during the same ...

By Business Reporter | Published: 23 August 2013

CONSTRUCTION & PROPERTY

Turnall to open plant in Bulawayo

Asbestos products manufacturer Turnall Holdings last week said low product demand in the first four months of the year resulted in a 10 percent slump in turnover compared to the same period last year...

By New Ziana. | Published: 10 June 2013

CONSTRUCTION & PROPERTY

Turnall sales and demand rebounds

Turnall saw a rebound in sales and demand in the month of April and grew sales for that month to bring volume deficit down from the 16% in Q1 to 6% for the year to April 2013, MD John Jere told the A...

By Business reporter | Published: 10 June 2013

CONSTRUCTION & PROPERTY

Turnall building capacity to compete in 2013 and beyond

Turnall Holdings reiterated its $300 million annual turnover target by 2015 even as its F12 financial performance weakened compared with F11 as MD John Jere told analysts yesterday that they are b...

By Business reporter | Published: 10 June 2013
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