SHAMVA Mine, a subsidiary of state-controlled Kuvimba Mining House (KMH) is riding on the soaring international gold prices to generate free cash flows to fund capital projects for expansion. International gold prices have increased by around 23 percent year-on-year to current highs of US$ 2 386 per ounce (oz) from averages of US$1 930/oz in…
WINES and spirits maker African Distillers Limited (AfDIS) made significant downward price adjustments for its products during first quarter (Q1) to June 30, 2024 in an effort to retain a waning market share in the face of increasing informal imports and the proliferation of illicit alternatives. Until the recent surge of cheaper premium imported brands…
SEEDCO International Limited (SeedCo)’s top line is projected to grow by 14,8 percent during the current financial year ending March 31, 2025 on anticipated improvement in rainfall which will spur seed demand in the company’s key markets, research and financial services firm Inter-Horizons (IH) Securities has said. The firm anticipates the regional company’s revenue to…
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