Delta battles mixed performance amid tax and regulatory challenges
TweetShareSharePin0 SharesBy ETimes HARARE – The operating environment was significantly influenced by exchange rate fluctuations, utility supply disruptions, and consumer spending patterns, according to Delta Corporation’s third quarter report ending…
Was ZiG devaluation less about USD scarcity and more about saving Treasury profligacy?
TweetShareSharePin0 Shares By Dr. Admire Maparadza Dube HARARE – The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwe Gold (ZiG) currency by 43% against the US dollar has…
Financial Management for CFOs
TweetShareSharePin0 Shares By Dr Admire Maparadza Dube HARARE – The chief finance officers (CFOs) strategically manage their companies’ finances by utilizing leading and lagging indicators, such as key performance indicators…
Navigating Uncertainty: Zimbabwean Companies’ First Quarter Dilemma
TweetShareSharePin0 Shares By Stephen Chandisareva Business sentiment in Zimbabwe has been characterised as “cautious optimism” for 2024, with most companies prioritising cost management in the current fiscal year. El Nino…
OK Zim HY24 volume decline: Is it depressed consumer capacity or competitiveness of informal retail?
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The key takes from the results are the sharp rise in operating costs and the decline in sales volumes. The group…
ANALYSIS| Ordinary citizen at the centre of Govt’s resource mobilization strategies
TweetShareSharePin0 Shares…as budget figures become more astronomical each year By ETimes BUDGET OVERVIEW Overall Expenditure Structure Expenditure by Function Infrastructure Expenditure KEY POLICY DEVELOPMENTS COMMENTARY AND ANALYSIS The initial take…
ANALYSIS| Subdued Consumer Demand As Meikles PAT Falls 15% to ZWL$9.6 billion in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The performance suggests the challenging operating environment had an adverse effect on the group’s performance. Moderate improvement in gross profit margins…
ANALYSIS| Econet Wireless outlook looks more positive amid rapid dollarisation
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The figures above point to stability, with most of the analysis metrics relatively static. So, the main difference maker seems to…
ANALYSIS| Rising Interest Rates Cause Concern as CBZ 9-Month Revenue Reaches ZWL$1.5 trillion
TweetShareSharePin0 SharesBy ETimes Commentary and Analysis The relatively stable currency environment of Q3 saw a moderate recovery in the groups balance sheet, with total assets and deposits closing marginally higher,…
ANALYSIS| Profits Surge as Delta Revenues Reach ZWL$1.9 Trillion in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a financial performance that is largely reflective of Delta’s dominant position in Zimbabwe’s consumer landscape, with half-year revenues and total…