IH worries liquidity constraints might stifle BAT Zim H2 volumes
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, is still susceptible to liquidity cycles, which have continued into the second half of 2023, warned IH Securities (IH).…
African Sun, financiers discuss standby financing facilities
TweetShareSharePin0 SharesBy ETimes HARARE – Hospitality and tourism group African Sun Limited is in talks with lenders for standby funding to spruce up the image of its hotels amid intense…
Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
NTS closes 4 branches amid volume performance, locational challenges
TweetShareSharePin0 SharesBy ETimes HARARE – National Tyre Services (NTS) overall unit performance rose 27% in the first 5 months to August this year, underpinned by improved stock supply despite closing…
ZHL says infrastructure, landmark developments drive ‘progressing well’.
TweetShareSharePin0 SharesBy ETimes Zimre Holdings expects to start construction on its first project in the second half of 2023, as the infrastructure and landmark projects programme is moving along nicely.…
Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
BAT hurt by high exchange losses posts $5.1bn loss before tax in H1
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, has recorded an inflation adjusted revenue of $71,56 for the half year ended 30 June 2023. The figure represents…
CBZ Bank launches university student ID financial cards
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings, the biggest bank in Zimbabwe, has launched a student smart-debit card that combines a university student ID card with a student account-linked debit…
‘Policy fluidity will rouse temporary negative outcomes during realignment period’
TweetShareSharePin0 SharesBy ETimes HARARE – First Mutual Holdings Limited says the strategic presumptions regarding the economic environment’s outcome have mainly not altered despite policy measures instituted in the first half…
To Save Local Industry: Unifreight tells Govt to restrict informal imports
TweetShareSharePin0 SharesBy ETimes HARARE – Authorities need to restrict imports of goods that can be manufactured locally in order to boost the domestic industry, listed logistics firm Unifreight Africa has…