First Capital Bank 2022 net profit declines 27%
TweetShareSharePin0 SharesBy ETimes First Capital Bank reported a 27% fall in full-year profit, but it managed to meet the minimum core capital requirement of US$30 million. For the year ended…
West Prop Holdings to raise US$30 million in IPO
TweetShareSharePin0 Shares...to list on VFEX By ETimes West Prop Holdings says it will list on the Victoria Falls Stock Exchange (VFEX) late next month after receiving all the regulatory approvals.…
Mash Holdings returns to profit, pays part of dividend in forex
TweetShareSharePin0 SharesBy ETimes Mashonaland Holdings swung back to full-year profit on Friday and said it will continue to focus on boosting operational effectiveness and portfolio diversification. The group saw an…
TSL revenue up 106% in Q1, expects increased levels of borrowings
TweetShareSharePin0 SharesBy ETimes TSL’s inflation-adjusted revenue for the first quarter ended 31 January 2023 rose 106% from the comparative quarter on volume growth. The positive performance came in a period…
PPC volumes suffer, anticipates to shrink further
TweetShareSharePin0 SharesBy ETimes Zimbabwe Stock Exchange dual listed regional cement manufacturer PPC has said its Zimbabwe operations have been affected by loadshedding which has seen the country experience between 16-18…
ZB Holdings retains Mash Holdings major shareholding
TweetShareSharePin0 SharesBy ETimes ZB Financial Holdings (ZBFH) says it now holds a control block of the shares in Mashonaland Holdings and the shareholder spread remains in compliance with ZSE listing…
Axia gross margin up 36pc in HY23
TweetShareSharePin0 SharesBy ETimes Victoria Falls Stock Exchange (VFEX) listed diversified goods retailer Axia saw its gross margin grow by 36% as a result of growth in revenues in the half…
Old Mutual profit tanks, declares dividend
TweetShareSharePin0 SharesBy ETimes Old Mutual reported sharply lower profit last year as it grappled with the difficult macro-economic environment and market volatility but managed to declare a dividend in the…
CFI appoints Dumba as substantive FD
TweetShareSharePin0 SharesBy ETimes Listed agro company CFI holdings has appointed Mr Tariro Dumba as the substantive Group Finance Director effective March 2023, replacing Mr Chesternoel Mutevhe who was on an…
ART mulls manufacturing facility for lithium storage
TweetShareSharePin0 SharesBy ETimes Amalgamated Regional Trading (ART) says it is working on setting up a manufacturing facility for lithium storage, which is one of its key projects to move in…