Grant Thornton ‘cast significant doubt’ about Starafrica’s ability to continue operating
…as current liabilities exceed current assets by $33.6bn By ETimes The capacity of Starafrica to continue as a going concern has been seriously questioned by external auditor Grant Thornton, Chartered…
Investors lose $2.78 trillion as stock market bullish run ends
By ETimes After a long bullish run, the Zimbabwe Stock Exchange closed a trading day in the bearish region as the All-Share Index crashed by 6.02% to close at 549,074.74…
Khaya Cement half-year net loss widens 443.72% on forex losses
By ETimes Khaya Cement (formerly Lafarge Cement Zimbabwe) net loss widened 443.72% year on year to $265.2 billion in the six months ended 30 June 2023 (H1 2023), up from…
Proplastics remains profitable but operates at subdued levels
By ETimes HARARE – Proplastics says it has successfully secured sufficient raw materials to ensure stock availability in the market, underpinned by the free finances created. In October last year,…
ANALYSIS| Bullish Willdale Eyes Growth in 2024 as Revenues Hit ZWL$36.9 billion
By ETimes Financial Performance Highlights ZSE listed construction materials firm Willdale Limited reported an ZWL$8.3 billion inflation adjusted after tax profit for its financial year ended 30 September 2023,…
NetOne’s auditor flags material uncertainty related to going concern
By ETimes NetOne’s external auditor, Grant Thornton Chartered Accountants (Zimbabwe), has raised a material uncertainty related to the going concern of the mobile network operator in respect of the financial…
ANALYSIS| Tanganda Tea Company Cites Climate Change After Posting ZWL$17bln Loss in FY23
By ETimes Financial Performance Highlights ZSE listed agricultural concern Tanganda Tea Company reported an inflation adjusted ZWL$17.1 billion after tax loss for its financial year ended 30 September 2023 while…