DELTA Corporation (Delta), Zimbabwe’s largest beverages manufacturer, says it recorded $143 million profit after tax for year ended March 31, 2019, which was a 62 percent increase from $88,5 million …
finance
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NON-FUNDED income has continued to spur the performance of Zimbabwean banks, with electronic payments emerging as the dominant channel in the local payment stream. The central bank says all banking …
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PRICES of property materials are expected to remain high during the second quarter of the year due to high financing costs, Old Mutual Securities (OMSEC) has said. In their portfolio …
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FIDELITY Life Assurance (Fidelity) says it is hopeful that its Malawi business will help keep it afloat in 2019. This comes as the Zimbabwe Stock Exchange-listed life assurance group recently …
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ZIMBABWE’S year-on-year inflation rose to a ten-year high of 75,86 percent in April from 66,8 percent in March, pushed by persistent increases in the price of basic goods, statistics agency …
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Great Britain’s women’s 4x100m relay team missed out on the chance to qualify for the World Championships as they failed to finish their heat at the World Relays in Japan. …
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THE Zimbabwe Revenue Authority (ZIMRA) says it saw a considerable increase in taxes related to corporate earnings and dividends during the first quarter of 2019, after some firms recorded robust …
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ZIMBABWEAN insurers and pension funds have been forced to helplessly watch their books’ value get eroded by rising inflation, as regulators’ investment rules restrict their ability to save the situation. …
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ZIMBABWEAN commercial banks have been given a respite by the recent monetary reforms as they are now required to have RTGS$100 million in capital by 2020 instead of the initial …
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UNIFREIGHT Africa (Unifreight) says it is “on track” to achieve its long term strategic goals after embarking on a restructuring exercise nearly five years ago. The group was restructured in …
