IH Securities projects 7% rise in Seed Co revenue
LOCAL financial services firm, IH Securities, says it expects revenue for Seed Co Limited to increase by 7% to the equivalent of US$51,5 million in the seed producer’s 2024 full … Read More
Category: Markets
OK half-year revenue in 60pc jump
OK Zimbabwe’s revenue for the half-year period ended September 30, 2023, jumped by 60,38 percent to $727,9 billion in inflation-adjusted terms from $453,8 billion in the same period in 2022. … Read More
Delta increases supply to meet growing demand
LISTED beverages producer, Delta Corporation, says growing consumer demand has resulted in temporary soft drink shortages in the market and has reassured the public that efforts are underway to ramp … Read More
BridgeFort to offload Medtech, list on VFEX
ZIMBABWE Stock Exchange-listed entity BridgeFort Capital Limited (BFCA) once again plans to change its business model and subsequently list on the Victoria Falls Stock Exchange. In a cautionary statement to … Read More
SeedCo targets increased exports
LISTED seed producer, SeedCo Limited, says the production of climate responsive seed varieties is critical as it focuses on scaling up its contribution to the growth of Zimbabwe exports and … Read More
Willdale gets three saz certifications
Zimbabwe Stock Exchange (ZSE) listed brick manufacturer, Willdale Limited, last week received the Integrated Management System (IMS) certification from the Standards Association of Zimbabwe (SAZ). The IMS entails certification in … Read More
Seedco int stocks enough to meet regional demand
SeedCo International says it has adequate seed stocks to satisfy demand across markets after the group achieved strong yields and quality seed grains in the 2022 production season. The group, … Read More
IH Securities warns of ‘Laffer curve effect’
LOCAL financial services firm IH Securities says the downside risk of the sweeping tax reforms introduced last week might be the “Laffer curve effect” leading to a reduction in tax … Read More
Zimplow closer to Barzem takeover
Diversified agro-concern, Zimplow Holdings, says it is close to securing the 49 percent shares in Barzem currently belonging to Barloworld Equipment UK as the group seeks 100 percent control of … Read More
Meikles posts interim profit despite group’s increased operating losses
Zimbabwe Stock Exchange (ZSE) listed retail and hospitality group Meikles Limited reported an inflation adjusted profit of $9,6 billion in its half year ended August 30, 2022. During the period … Read More
