Powerspeed Q1 performance signals recovery
TweetShareSharePin0 SharesBy ETimes Powerspeed said trading recovered during the first quarter ending December 31, 2022 as compared with the previous quarter, which was not good. In a trading update, the…
Vingirai, ZB Holdings dispute drags on as another cautionary is issued
TweetShareSharePin0 SharesBy ETimes Listed banking giant ZB Holdings has issued another cautionary statement as they continue to try and find a solution between them and a shareholder of their subsidiary.…
TSL delays publication of results a second time
TweetShareSharePin0 SharesBy ETimes TSL, a listed agro-logistics firm, has delayed the publication of its full-year results for a second time because the accounts must be signed off by PricewaterhouseCoopers Zimbabwe’s…
Tanganda saves US$700K by switching to green energy
TweetShareSharePin0 SharesTanganda Tea Company announced on Tuesday that it saved at least US$700,000 in power costs last year by replacing diesel generators with green energy. This comes as the continued…
Toyota Zimbabwe to devour CFAO Motors Zimbabwe
TweetShareSharePin0 SharesBy ETimes A merger is looming in the automotive industry involving Toyota Zimbabwe and CFAO Motors Zimbabwe which is the official distributor of Volkswagen and Suzuki in the country.…
Old Mutual seeks to acquire Marsh Zimbabwe
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s premier insurance provider, Old Mutual Zimbabwe has approached the Competition Tariff Commission seeking to merge with Marsh Zimbabwe. Both firms are in the financial and insurance…
Moyo lands finance director gig at Econet
TweetShareSharePin0 SharesBy ETimes Listed telecoms giant, Econet Wireless today announced that it will have a new finance director beginning Wednesday March 1, 2023. In a statement, Econet said, “We are…
CFI fertilizer sales tumble as supply, real price increases constraints linger
TweetShareSharePin0 Shares…but revenue up 9.9% in Q1 By ETimes CFI Holdings’ inflation adjusted revenues for the quarter ending 31 December 2022 surged by 9.9% over the prior year period despite…
CAFCA first quarter export volumes decline
TweetShareSharePin0 SharesBy ETimes CAFCA, the only cable manufacturer in Zimbabwe, says its export volumes declined by 34 tonnes in the first quarter ended 31 December 2022 but it remains optimistic…
OMU headline earnings weighed down by Zimbabwe business
TweetShareSharePin0 SharesBy ETimes Old Mutual Limited (OMU) says it will continue to exclude the results of its Zimbabwean business from adjusted headline earnings owing to the persistent effects of hyperinflation…