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…
Forty percent of Dairibord’s half-year sales volume sold in forex
…FX obligations adequately covered By ETimes Dairibord, the country’s largest milk processor, says the majority of its liabilities were fully covered in the first six months of 2022. Local companies…
Hedging Strategies Appear to Payoff as FBC Holdings H1 Profits hit ZWL$8.1bn
By Yona Banda Performance Highlights The FBC Holdings group reported an inflation adjusted net profit after tax of ZWL$8.1 billion for the half-year ended 30 June 2022. The earnings surged…
ZB Profits Surge to ZWL$6.1bn as Botswana Operations Open Doors
By Yona Banda Highlights from financial performance ZSE listed financial services group ZB Financial Holdings earned an inflation adjusted half-year profit of ZWL$6.1 billion, which represented a 165% rise from…
Powerspeed trading volumes remained relatively strong in Q3
By ETimes Powerspeed’s trading volumes and profitability remained quite good in the third quarter ending 30 June 2022 despite the business feeling the inflation hit. While the improvement in exchange…
CBZ Half-Year Profits Hit ZWL$17.5bn as Agriculture Loan Book Surges
By Yona Banda Financial services group CBZ Holdings posted a ZWL$17.5 billion inflation adjusted net profit after tax for the 6 month period ended 30 June 2022. The performance was…
FMB Capital making strides in the region
By ETimes First Capital Bank Zimbabwe (FCB) a subsidiary of FMB Capital Holdings (FMBCH) has led the group to a further positive performance in the six months to June 30, 2022. Loan…
Listed firms voice inflation and weather concerns
By ETimes A number of listed firms reported half year results with a few having released quarterly reports. What is common between them is the fight against inflation as they…
Nampak says order book full, wary of forex shortages
By ETimes Packaging manufacturer Nampak Zimbabwe says it continues to be profitable and anticipates a successful end to the fiscal year, but foreign currency sourcing remains a challenge. Volumes, a…