FML profit rises 236%
INFLATION-adjusted profit after tax at the Zimbabwe Stock Exchange-listed insurance giant, First Mutual Holdings Limited, grew 236% to $10,8 billion during the third quarter ended September 30, 2022, following a … Read More
Category: Markets
National Foods dumps ZSE, eyes VFEX
FOOD processing giant, National Foods Holdings Limited, has decided to delist from the Zimbabwe Stock Exchange to be listed at the Victoria Falls Stock Exchange (VFEX), a move the firm … Read More
Delta anxious over tough operating environment
BEVERAGE manufacturer, Delta Corporation Limited says the country’s operating environment remains complex and challenging, with the implications of next year’s general elections looming large. Delta is the most valued counter … Read More
Innscor spreads US$56m on 8 business units
Innscor Africa Limited says the planned US$56 million investment in financial year 2023 will be spread across eight business units as the group seeks to maintain its dominance across markets. … Read More
Simbisa on track for VFEX listing
Quick restaurants services group Simbisa Brands Limited is on track with its plans to migrate to the Victoria Falls Stock Exchange (VFEX) beginning of next month, in a move that … Read More
Delta moves into contract farming to augment supply
Delta Beverages has said it will restart its outgrower scheme with farmers in order to guarantee supply of raw materials such as sorghum and barley as they pour in more … Read More
Meikles seeks nod for LSE delisting
ZIMBABWE Stock Exchange (ZSE)-listed diversified group Meikles Limited says it is seeking shareholder approval to delist from the London Stock Exchange (LSE). The proposal will be among key issues to … Read More
Padenga halts croc meat exports as EU tightens screws
PADENGA Holdings Limited, the Zimbabwean supplier of crocodile skins for luxury shoes and handbags for the world’s most exclusive markets, says it has halted meat exports to the European Union … Read More
ZSE: Waiting for Godot
“Nothing happens, nobody comes, nobody goes, it’s awful!” This is one of the most quotable quotes in French novelist Samuel Beckett’s book, “Waiting for Godot”. The book is a tragicomedy, … Read More
Innscor diversified reach to sustain volume growth
Innscor Africa’s diversified reach will remain key to driving the group forward, equitiesresearch firm IH Securities has said, amid projections this will help the group achieve 19percent volume growth in … Read More
