LISTED quick service restaurants group, Simbisa Brands, last week reported a 30 percent increase in revenues for the six months ended December 31, 2017, buoyed by growth in Zimbabwe and …
finance
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AXIA’S profit has suffered significantly after its board decided to change the accounting treatment of its subsidiary, Transerv, the company’s financials released last week show. The listed specialty retail, distribution …
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TWENTY three accounts on the local cryptocurrency exchange, Golix, were hacked over the past three weeks, the exchange revealed in a statement on Tuesday. Cryptocurrencies are decentralised digital cash systems …
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THE value of transactions processed through the National Payments System (NPS) declined by five percent to close the week ending February 23, 2018 at $1,628 billion, according to the latest …
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THE Zimbabwe National Roads Administration (ZINARA) this week announced that its $100 million infrastructure bond had been oversubscribed by $5 million. ZINARA chief executive officer, Nancy Masiyiwa-Chamisa, made the disclosure …
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ZIMBABWE’S microfinance institutions have enjoyed considerable growth lately after occupying the lending space left by banks in the face of uncontrolled government borrowing that has crowded out the private sector. …
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ZIMBABWE’s Mines Minister, Winston Chitando, last week said the high costs of running local power plants had a bearing on the country’s energy tariffs. Speaking at the Zimbabwe Trade and …
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LISTED cable manufacturer, CAFCA, has said its earnings for the current trading year will be significantly higher than the earnings reported the previous year. In a statement issued yesterday, the …
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AGRO-industrial group Zimplow last week reported a profit after tax of $3,4 million for the year ending December 31, 2017, its first since 2011. This was a huge swing from …
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LISTED manufacturing group, Amalgamated Regional Trading Holdings (Art), expects to have a good year, with forecast revenue of $40 million, regardless of economic circumstances in the country, board chairman, Thomas …
