FOREIGN currency earners were the best performing stocks on the Zimbabwe Stock Exchange (ZSE) in 2019, official market data shows.Advertisements
finance
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ZIMBABWEAN businesses say the country’s runaway inflation is likely to remain high during the first quarter of the year due to an absence of meaningful economic reforms.Advertisements
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OK Zimbabwe says its ability to maintain margins and defending market share saw it registering a profit after tax of $164,185 million for the six months to September 30, 2019 …
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WILLDALE says total borrowings declined to $43 000 in the year to September 2019 from $27 million in 2018 after the company disposed of its land bank to clear debts.Advertisements
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SEED-CO Holdings (SeedCo) says it recorded a $34,4 million profit after tax in the half year to September 30, 2019, from a loss of $29,1 million in the prior year.Advertisements
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GOLD producer Falcon Gold Zimbabwe Limited (Falgold) and National Tyre Services (NTS) have delayed releasing financial results owing to challenges related to currency changes.Advertisements
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DELTA Corporation (Delta), Zimbabwe’s largest beverages manufacturer, said it recorded subdued demand across all its product lines during the financial year to September 30, 2019 due to disruptions in power …
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GETBUCKS Microfinance Bank (GetBucks) says it is considering a restructure that may result in it delisting from the Zimbabwe Stock Exchange (ZSE).Advertisements
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EMPLOYING good corporate governance helps the company to regulate risk and reduce the opportunity for corruption. Often, scandals and fraud within a company become more likely where directors and senior …
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PRESIDENT Emmerson Mnangagwa’s government should incentivise investment in energy to increase power generation in Zimbabwe, business leaders said.Advertisements
