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  • ANALYSIS| Tanganda Tea Company Targets Value-Addition as FY22 Revenues Hit ZWL$12.2bln

ANALYSIS| Tanganda Tea Company Targets Value-Addition as FY22 Revenues Hit ZWL$12.2bln

TweetShareSharePin0 SharesBy ETimes *Note: The Company changed its financial year-end in the year 2021 from March to September to align with its agricultural season. Consequently, the financial figures presented are…

ANALYSIS| Hippo Valley Estates Revenues Hit ZWL$63.1 billion in HY22

TweetShareSharePin0 Shares…set to Create 1,500 Jobs in Govt Partnership  By ETimes Financial Performance Highlights Commentary and Analysis At face value, it’s a fair set of financial results from Hippo Valley…

ANALYSIS| Weak Revenue Growth as Fair Value Gains Drive ART Holdings to Profitability

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis On analysis, Amalgamated Regional Trading has generally struggled for consistency in recent years. The groups profit margins have declined noticeably in…

ANALYSIS| Meikles Feels the Pinch From Tight Liquidity as After Tax Profits Fall by 56% to ZWL$2.7bln

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Listed hospitality and retail group Meikles Limited reported an inflation adjusted Net Profit After Tax of ZWL$2.7 billion for its half year ended 30…

ANALYSIS| Pressure for impactful spending can increasingly stress Govt’s tight liquidity regime

TweetShareSharePin0 SharesBy ETimes 2023 Budget Overview and Analysis As announced by Minister of Finance and Economic Development Mthuli Ncube, the government outlined its fiscal plans for 2023 in the November…

ANALYSIS| CAFCA Rebounds to Profitability in FY22 With ZWL$2.2bn After Tax Profits

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Analysis of recent past performance suggests the 2022 financial year was a positive year for CAFCA, with revenues and operating profits…

ANALYSIS| Delta Aims for Consolidation as Competition Emerges, HY22 Revenues Reach ZWL$205bln

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights The Delta Corporation posted a ZWL$18.5 billion inflation adjusted after tax profit for its half-year ended 30 September 2022. The performance was a 27%…

ANALYSIS| Exchange Losses Drag Econet Wireless to ZWL$5.78bln HY1 After Tax Loss

TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed telecommunications group Econet Wireless reported an after tax loss of ZWL$5.8 billion for its half-year ended 31 August 2022. The performance was…

Weak Revenue Growth As EcoCash Holdings Incurs ZWL$491mln Half-Year After Tax Loss

TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed fintech group EcoCash Holdings announced a ZWL$2.6 billion after tax loss for its half-year ended 31 August 2022, down 81% from the…

Unlocking Smallholder Agriculture – A Case For Broader Agri-Financing

TweetShareSharePin0 SharesBy Yona Banda According to the 2019 Zimbabwe Poverty Report, an estimated 49% of the country’s population earned its livelihood from farming activities. That farming-reliant population represented 69% of…