BORDER Timbers says its exit from judicial management has been held up by delay of its compensation from government after its estates were expropriated during the country’s controversial land reform …
finance
-
-
LOGISTICS giant Unifreight Africa (Unifreight) says it is bracing itself for a tough 2019 despite registering decent progress following its restructuring exercise a few years ago. This comes as the …
-
COMMODITY prices and the country’s runaway inflation are likely to remain high in the coming weeks and months, a top economist has said. This comes as both business and analysts …
-
AN INCENTIVE introduced by Fidelity Printers and Refiners (FPR) recently has failed to spur gold deliveries, with official figures showing that collections of the yellow metal have remained subdued. Early …
-
CASSAVA SmarTech Zimbabwe (Cassava) says its revenues nearly doubled to $501 million in the full year to February 28, 2019 up from $258 million last year. Even though the company …
-
ZB Financial Holding (ZBFH) says its profits in the five months to May increased 183 percent to $17,6 million compared to $6,2 million recorded in the same period last year. …
-
AFRICA Sun Limited’s (ASL) says its plan to terminate a multi-million dollar management deal with Legacy Hotels International (Legacy) has been put on ice due to legal challenges. The Zimbabwe …
-
STARAFRICA Corporation (Starafrica) looks set to return to its former glory after breaking a ten-year lossmaking streak by reporting a net profit of $8,8 million for the year to March …
-
FIDELITY Life Assurance (Fidelity) says its revenues grew by 88 percent during the first five months of the year helped by improved business from its Malawi unit. This comes as …
-
THE Zimbabwe Stock Exchange strengthened in June, rallying 8,62 percent to close the month at a total market capitalisation of $27 billion. This is despite the local bourse breaking its …
