Weak Revenue Growth As EcoCash Holdings Incurs ZWL$491mln Half-Year After Tax Loss
By 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 2021…
Unlocking Smallholder Agriculture – A Case For Broader Agri-Financing
By 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 the…
Analysis: REITs the future of Zimbabwe’s vision 2030
By Stephen .T .Chifamba Infrastructure Real Estate Investment Trusts (REITs), which have been rolled out in Zimbabwe for more than one year through the latest law amendment, have been receiving…
ANALYSIS| Localized Production, Rising Volumes Drive Afdis to ZWL$585mn H1 Profit
By Yona Banda Financial Performance Highlights Listed spirits manufacturer African Distillers (Afdis) Limited saw its inflation adjusted half-year profits rise by 234% to ZWL$584.5 million. The group’s gross profit climbed…
ANALYSIS|Innscor Targets US$56mn in Investments for FY23 as Profits Hit ZWL$53.7bln
By Yona Banda Financial Performance Highlights Listed food manufacturing group Innscor Africa Limited reported a Net Profit After Tax of ZWL$53.7 billion for its financial year ended 30 June 2022,…
Sanctions: A Historical Comparative Analysis of UDI Rhodesia and Post-Colonial Zim
By Newton Mambande Following the unilateral declaration of independence (UDI) on November 11, 1965, in January 1966, Rhodesia led by Prime Minister Ian Douglas Smith, was placed under mandatory economic…
ANALYSIS| GetBucks Targets Recapitalization as After-Tax Loss Narrows to ZWL$44mln
By Yona Banda Financial Performance Highlights Listed microfinance bank GetBucks Limited remain in the red an inflation adjusted after tax loss of ZWL$44.4 million for the half year period ended…
RTG’s Inflation Adjusted Profits Surge 3000% to ZWL$1.3 bn in HY1 2022
By Yona Banda Financial Performance Highlights Hospitality group Rainbow Tourism Group (RTG) Limited saw its after tax profits surge to ZWL$1.3 billion in inflation adjusted terms for the half year…
Simbisa Sales Total ZWL$51bln in FY2022, Plans 87 New Store Openings for FY2023
By ETimes Financial Performance Highlights For the financial year ended 30 June 2022, fast food services group Simbisa Brands reported an inflation adjusted After Tax Profit of ZWL$9.5 billion which…
ANALYSIS| Starafricacorp Eyes Volume Growth as FY2022 Sales Hit ZWL$13bn
By Yona Banda Financial Performance Highlights Listed sugar refiner Starafricacorporation earned an inflation adjusted Net Profit After Tax of ZWL$797.3 million for its financial year ended 31 March 2022. The…