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EcoCash shares slip despite return to profit

By ETimes EcoCash’s shares plunged 3.50% on Thursday despite a return to profit in the half year ended 31 August 2023. Initially focusing on mobile money, EcoCash began as a…

OK Zimbabwe sales volume down 9.37% in first 9 months

By ETimes OK Zimbabwe says volume sales fell 11.33% for the quarter and 9.37% for the nine months to December 2022 weighed down by slowing demand. This comes as consumers…

Innscor Africa plans US$56mln investment in expansion projects

By ETimes Fast food and retail group Innscor Africa is optimistic that dependable, pro-business measures and policies will be implemented by authorities, resulting in encouraging additional expansion investment into domestic…

Strong HY for Pick n Pay

By ETimes Cape Town-headquartered grocery, liquor, general merchandise and clothing retail group Pick n Pay Stores Limited has delivered a strong half-year performance for the period ending 28 August 2022,…

Truworths feel the heat as restrictive pricing laws weigh

By ETimes Truworths says the tight pricing restrictions, which made things pricey in US Dollar terms but cheaply priced in local terms, had a negative impact on sales and profits…

Choppies sees earnings per share growth of up to 115% in FY2022

By ETimes Choppies expects full-year basic earnings per share to rise between 95% and 115%, the Fast Moving Consumer Goods retailer said recently, but is currently finalizing its financial results…