Ready-to-Drink alcohol drives Afdis volumes
By ETimes Listed spirits and ciders manufacturer Afdis has seen volumes grow in the first quarter of 2024 ending June 30, 2023 driven by the ready-to-drink segment. Afdis company secretary…
Infrastructure development to anchor ZHL going forward
By ETimes Zimre Holdings Limited (ZHL) reported that going forward the group will begin a new financial concentration on landmark and infrastructure development with a focus on sustainability. Chairman Desmond…
CBZ profit up 959.5% in Q1, to explore AI in serving customers
By ETimes CBZ Holdings, the biggest bank in Zimbabwe, today released its financial results for the three-month period ending 31 March 2023, with a historical net profit of $50.18 billion,…
Dairibord targets low-cost collaborations in export markets
By ETimes Dairibord, the country’s largest milk processor, says for now it is looking for inexpensive cooperation in the four regional markets that it is exploring before establishing its presence.…
Border Timbers receives offer for controlling stake in the company
By ETimes Border Timbers said on Monday it had received an offer from Cicada Plantations Zimbabwe (CPZ), which seeks to acquire 100% of its issued share capital and a majority…
In 2022 Dairibord spent $1.8 billion on capital investments
By ETimes Listed diversified consumer staples company, Dairibord Zimbabwe is anchoring on its recently commissioned plants to boost volumes for some of its product lines in the full year 2023.…
ZBFH consumed 443,841 litres of diesel in 2022
By ETimes To keep the lights on and avoid uninterrupted operations, ZB Financial Holdings (ZBFH) consumed 443,841 litres of diesel in 2022, representing a 5.26% increase from 421,649 litres of…
Ford Zimbabwe launches exciting vehicle service promotion
Staff Writer Ford Zimbabwe has launched an exciting and rewarding winter vehicle service cash-back promotion, where lucky clients will get their vehicles serviced for free. The two trusted names in…
Meikles anticipates $14,4 billion FY23 profit
By ETimes Listed diversified entity, Meikles Limited announced that it expects its group profit for the year ending February 28, 2023 to be $14,4 billion in historical terms. In a…
African Sun sponsors Vic Falls Anti-Poaching Unit
Staff Writer Zimbabwe’s leading hotel investment company, African Sun Limited has donated US$21 000 to support the efforts of the Victoria Falls Anti-Poaching Unit (VFPAU), a local organization that is…