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…
Delayed payments drag down Masimba’s half-year cash flows
TweetShareSharePin0 Shares…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…
ZIMRE Holdings says business environment is fragile in the region
TweetShareSharePin0 SharesBy 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…
TSL logistics operations registers growth in Q3
TweetShareSharePin0 SharesBy 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…
ANALYSIS| Exchange Related Gains Drive Mash Holdings to ZWL$1.6bn PAT
TweetShareSharePin0 Shares…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…