ANALYSIS| Dairibord Swings Back to Profitability as Half-Year Sales Volumes Hit 47mln liters
By Yona Banda Listed food and beverages manufacturer Dairibord Holdings earned a net profit after tax of ZWL$689 million in the financial half year ended 30 June 2022. The performance…
C-trade Fantasy to teach people investing through gaming
By Albert Nangara Following independence, The Zimbabwe Stock Exchange (ZSE) was taken over by significant Zimbabwean businesses, with the general populace being generally excluded from stock ownership. Trading on the…
Losses in Big Caps see ZSE close 5.69% lower
By ETimes The Zimbabwe Stock Exchange closed 5.69% lower as the heavyweight counters offset weak gains in other stocks. Market breadth closed negative, with 4 gainers against 22 losers, while…
Mash Holdings seeks better property market activity
By ETimes Mashonaland Holdings has alluded that the property market remains hamstrung by lethargic demand across all sectors of the market owing to low economic activity in the economy. In a…
ANALYSIS| Monetary Losses Drag BAT Zimbabwe to ZWL$678mln After Tax Loss
…as Sales Volumes Decline 6% By Yona Banda Financial Performance Highlights Listed cigarette manufacturer BAT Zimbabwe earned an inflation adjusted after tax loss of ZWL$678 million. The loss was largely…
Stock investors lose $38.99bn as market opens week weaker
By ETimes The stock market opened the week extending its losing streak for the fifth consecutive session despite positive earnings coupled with dividend declarations from several listed firms. Accordingly, the…
Forty percent of Dairibord’s half-year sales volume sold in forex
…FX obligations adequately covered By ETimes Dairibord, the country’s largest milk processor, says the majority of its liabilities were fully covered in the first six months of 2022. Local companies…
VFEX Direct poised to attract retail investors
By Albert Nangara The VFEX has achieved significant milestones in line with the thrust of ensuring capital markets play their role in capital raising and economic revival. It recently launched…
Hedging Strategies Appear to Payoff as FBC Holdings H1 Profits hit ZWL$8.1bn
By Yona Banda Performance Highlights The FBC Holdings group reported an inflation adjusted net profit after tax of ZWL$8.1 billion for the half-year ended 30 June 2022. The earnings surged…
Gold shines in August
By ETimes Gold deliveries to Fidelity Printers and Refinery (FPR) in the eight months to August 2022 grew by nearly 41 percent to 22,3 tonnes sustaining an upward trajectory in…