ANALYSIS| Starafricacorp Eyes Volume Growth as FY2022 Sales Hit ZWL$13bn
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed sugar refiner Starafricacorporation earned an inflation adjusted Net Profit After Tax of ZWL$797.3 million for its financial year ended 31 March 2022.…
Inflation subsides in September
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Statistics Agency (ZIMSTAT) said the country’s month – on – month and annual inflation cooled down in the month of September as food inflation slowed…
ZSE turnaround continues as inflation cools
TweetShareSharePin0 SharesBy ETimes The bullish run in the stock market occasioned by the release of half year results continued in the week’s opening but under weak activity as the liquidity…
African Sun Bouyed by Rebounding Tourism as After Tax Profits Reach ZWL$6.1bn
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed hospitality and tourism group African Sun Limited announced net profit after tax of ZWL$6.1 billion for its half year ended 30 June…
Investors gain $128.51bn as equities close higher
TweetShareSharePin0 SharesBy ETimes Trading activities on the Zimbabwe Stock Exchange (ZSE) on Friday ended on a positive note, occasioned largely by gains in select heavyweights. The mainstream ZSE All Share…
ANALYSIS| Regional Business Thrives as First Mutual Holdings GPW Hits ZWL$22bn
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Listed insurance group First Mutual Holdings announced a ZWL$16.9 billion for its half year period ended 30 June 2022. In inflation adjusted terms, the…
ANALYSIS| Fair Value Gains Drive First Mutual Properties to ZWL$25bn After Tax Profit
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights ZSE listed property concern First Mutual Properties earned a Net Profit After Tax of ZWL$25 billion. The performance was a return to profitability following…
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…
ZSE extends bullish sentiment, investors gain $47.3bn
TweetShareSharePin0 SharesBy ETimes The local bourse on Thursday gained 3.80%, extending bullish sentiment to two consecutive trading sessions in the week. After 11 consecutive sessions in the negative, share prices…