MASHONALAND Holdings Limited’s (Mashholdings) says its property expenses for the six months to March 31, 2019 declined 54 percent to $290 000 from $630 000 recorded during the same period …
finance
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ZIMBABWE’S trade deficit has declined by almost 70 percent to $400 million in the five months to May 2019 compared to $1,34 billion recorded in the same period last year, …
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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 …
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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.Advertisements
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COMMODITY prices and the country’s runaway inflation are likely to remain high in the coming weeks and months, a top economist has said.Advertisements
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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.Advertisements
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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.Advertisements
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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.Advertisements
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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.Advertisements
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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 …