Hippo invests more than ZWL$29mln in mills and packing stations
TweetShareSharePin0 SharesBy ETimes Hippo Valley Estates, one of the country’s largest sugarcane producers, says it has invested over ZWL$29 million to improve the operational efficiencies of its machines. As the…
General Beltings to remain listed on ZSE
TweetShareSharePin0 SharesBy ETimes General Beltings, a Zimbabwe Stock Exchange (ZSE) company will remain listed on the local bourse after minority shareholders shun a mandatory offer by the major shareholder. In 2020,…
Unifreight poised to regain full trucker market share after investing US$5mn
TweetShareSharePin0 SharesBy Almot Maqolo Logistics firm Unifreight has invested at least $5 million in a new fleet of 50 trucks with the goal of increasing market share while also contributing…
RTG’s Inflation Adjusted Profits Surge 3000% to ZWL$1.3 bn in HY1 2022
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Hospitality group Rainbow Tourism Group (RTG) Limited saw its after tax profits surge to ZWL$1.3 billion in inflation adjusted terms for the half…
Hyperinflation Weighs on Zimpapers as Inflation Adjusted PAT Shrink to ZWL$67.4mn
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed media company Zimpapers announced an inflation adjusted after tax profit of ZWL$67 million for its half-year ended 30 June 2022. The bottomline…
Fidelity Life Assurance’s historical revenue up 12 fold in first 8 months
TweetShareSharePin0 SharesBy ETimes Fidelity Life Assurance Zimbabwe on Thursday said its historical revenue for the first 8 months of 2022 rose 1220% compared to the same period last year and…
NMB Holdings to choose dividend type for H1 2022
TweetShareSharePin0 SharesBy Albert Nangara Company share dividends are, for many investors, a vital part of the stock market landscape. Dividends are important for investors looking for income, such as as part…
NTS embarks on a restocking program after receiving USD facility
TweetShareSharePin0 SharesBy 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…
Proplastics expects to report fairly amid rise in USD transactions
TweetShareSharePin0 SharesBy 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…
Star Africa full year operating profit up 255%
TweetShareSharePin0 SharesBy 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…