ANALYSIS| Declining Output Drags BNC to US$5.4mln After Tax Loss
By ETimes Financial Performance Highlights Commentary and Analysis With nickel performing well the company would have been expected to perform strongly. The unforeseen nature of the issue that drove the…
Half-Year Revenues Hit $129 billion as OKZim Anchors Growth on Diversification
By ETimes Financial Performance Highlights Commentary and Analysis The results suggest OKZim is getting squeezed by its ZWL invoicing local suppliers, as implied by the sharp decline in the gross profit…
ANALYSIS| Economic Headwinds Weigh as StarAfricaCorp Posts ZWL$133mln HY22 After Tax Loss
By ETimes Financial Performance Highlights Commentary and Analysis The results paint a somewhat precarious picture for the Starafricacorporation. The company’s financial resources relatively appear thin, with an apparent need to…
ANALYSIS| What beholds us in 2023?
By ETimes Before we move into the questions of 2023 that should be answered by industry and government, we at ECONOMIC TIMES would like to wish you a HAPPY NEW…
ANALYSIS| Tanganda Tea Company Targets Value-Addition as FY22 Revenues Hit ZWL$12.2bln
By 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 twelve…
ANALYSIS| Hippo Valley Estates Revenues Hit ZWL$63.1 billion in HY22
…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 Estates…
ANALYSIS| Weak Revenue Growth as Fair Value Gains Drive ART Holdings to Profitability
By 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 the…
ANALYSIS| Meikles Feels the Pinch From Tight Liquidity as After Tax Profits Fall by 56% to ZWL$2.7bln
By 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 September…
ANALYSIS| Pressure for impactful spending can increasingly stress Govt’s tight liquidity regime
By 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 24…
ANALYSIS| CAFCA Rebounds to Profitability in FY22 With ZWL$2.2bn After Tax Profits
By 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 hitting…