Sweet sour sugar as Delta to pay US$46 in new tax
The sugar tax, which has piled costs on beverages manufacturers, came into effect this year in line with proposals made in the 2024 National Budget statement presented last November by … Read More
Category: Quoted Equities
Delta navigates complexities, delivers solid underlying performance
Delta Corporation Limited (Delta) painted a picture of contrasting realities in its recent financial results for the period ended March 31, 2024. While headline figures reported strong growth, management commentary … Read More
Dairibord to milk from cost containment measures
LISTED milk products processor, Dairibord Holdings Limited, says it will leverage ongoing capital investment projects and implement aggressive cost containment measures to boost profitability in the next quarter. In a … Read More
Gross profit at Caledonia up 138%
GROSS profit at the Victoria Falls Stock Exchange-listed Caledonia Mining Corporation more than doubled to US$13,8 million in the first quarter of this year due to higher gold revenue and … Read More
Trading in Bindura shares halted on VFEX
TRADING in the shares of nickel producer, Bindura Nickel Corporation (BNC) has been halted on the Victoria Falls Stock Exchange (VFEX) after its major asset, Trojan Mine, was placed under … Read More
BNC woes continue: VFEX suspends trading of company’s shares
BINDURA Nickel Corporation (BNC) has voluntarily suspended trading of its shares at the Victoria Falls Stock Exchange Limited following the placement of its main operating subsidiary, Trojan Nickel Mine Limited, … Read More
Bindura Nickel Corporation latest- Shares halted from trading on VFEX
Bindura Nickel Corporation (BNC) shares are no longer trading on the Victoria Falls Stock Exchange Limited as of today, a day after the company was placed under reconstruction yesterday. The … Read More
Delta Corporation launches ‘Smart drinking and moderation innovation challenge’
GIANT beverages producer, Delta Corporation Limited, has joined hands with The Boost Fellowship to launch the ‘Smart Drinking and Moderation Innovation Challenge’ initiative, which runs from April 2024 to December … Read More
Zimplow recovery in 2024 a big possibility
In the financial year ending December 31, 2023, Zimplow recorded a 28 percent reduction in revenue from the previous year, but experts say the company will recover in 2024. During … Read More
Edgars invests US$1m in new equipment
DESPITE relocating its headquarters from Bulawayo to Harare, Edgars Limited has made a significant investment in the industrialisation of Bulawayo, investing approximately US$1 million in new equipment and creating employment … Read More
