Invest Wisely
OBSOLETE equipment and constant breakdowns have become a major drawback to the growth and performance of listed timber producer, Border Timbers, which recorded low output and weak sales for the … Read More
LISTED clothing retailer, Truworths, says units sold declined by 45 percent in half the year ended January 8, 2023 due to the suspension of credit from 1 July 2022 and … Read More
Listed cement producer, Lafarge Cement now trading as Khaya Cement, has said it is increasing its milling capacity and has invested in delivery trucks in order to recapacitate its business … Read More
CIGARETTE manufacturer and tobacco exporter, British American Tobacco Zimbabwe (BAT) has reported an 18% fall in volumes for the first quarter of this year owing to depressed demand. In a … Read More
VICTORIA Falls Stock Exchange (VFEX)-listed Axia Corporation Limited says the reduction in interest rates for local currency had a positive impact on business operations for the quarter ended 31 March … Read More
Listed consumer discretionary manufacturer, Turnall, announced that one of its shareholders had acquired an additional 10 percent of its listed shares. Company secretary, Lizzy Samunda, in a statement noted; “Zimbabwean … Read More
FIRST Mutual Properties (FMP) recorded a 554,26% increase in revenue in the first quarter of this year due to improved United States-dollar business and rent reviews. The increase was despite … Read More
FINANCIAL services concern FBC Holdings Limited reported a profit after tax of $25,4 billion in the first quarter of this year after keeping an eagle’s eye on its spending. In … Read More
GROSS revenues at the Victoria Falls Stock Exchange-listed Caledonia Mining Corporation fell by 16% to US$29,4 million during the first quarter of this year due to lower production and higher … Read More
Agriculture and earthmoving equipment supplier, Zimplow Holdings Limited, says it will leverage on Barzem’s property portfolio to secure another original equipment manufacturer (OEM) after buying out Barloworld from the joint … Read More
