NTS embarks on a restocking program after receiving USD facility
By ETimes National Tyre Services (NTS) says it is working on a restocking program to cater for the forthcoming busy season after receiving a US dollar facility from its bank.…
Proplastics expects to report fairly amid rise in USD transactions
By ETimes With the increased usage of the US dollar in the market in settling transactions, Proplastics says it will help to present its accounts fairly and limit its participation…
Star Africa full year operating profit up 255%
By ETimes Star Africa posted on Thursday a rise of 255% in full-year operating profit, but the sugar manufacturer continues to make an effort to find the whereabouts of the…
Delayed payments drag down Masimba’s half-year cash flows
…posts 75% jump in order book By ETimes Masimba Holdings’ order book was worth about US$145 million in the first six months of 2022, up from $83 million in the…
ZIMRE Holdings says business environment is fragile in the region
By ETimes In its half year to June 30, 2022, ZIMRE Holdings said it experienced a mixed business environment in the jurisdictions it operates in. “The 2022 operating environment has taken…
TSL logistics operations registers growth in Q3
By ETimes Listed agro and logistics firm TSL said its group revenue for the third quarter ending July 31, 2022 was 61 percent ahead in inflation adjusted terms of prior…
ANALYSIS| Exchange Related Gains Drive Mash Holdings to ZWL$1.6bn PAT
…as Group Targets Portfolio Diversification By Yona Banda Financial Performance Highlights Listed property group Mashonaland Holdings earned a Net Profit After Tax of ZWL$1.57 billion in the financial half-year ended…
PPC delights in Zim operations
By ETimes PPC said group cement sales volumes (including Zimbabwe) for the five months ended August 2022 were in line with the previous comparable period as subdued demand in South…
ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1
…as Group Targets Expansion By Yona Banda Financial Performance Highlights Listed banking group NMB Holdings posted a ZWL$1.7 billion net profit after tax for the half year period ended 30…
Mash Holdings seeks better property market activity
By ETimes Mashonaland Holdings has alluded that the property market remains hamstrung by lethargic demand across all sectors of the market owing to low economic activity in the economy. In a…