Padenga Holdings is targeting strategic cost reduction in the year and is also targeting 80% onward sales as finished skins to the first tier market, group CE Gary Sharp told analysts yesterday."The g...
By Staff reporter | Published: 28 March 2014
NMBZ group CE James Mushore told an analyst briefing yesterday that the group will be pursuing a cautious lending approach in 2014."We will be focusing more on growth sectors. Agriculture due to the g...
By Staff reporter | Published: 28 March 2014
Astra will focus on cost containment strategies in the year to December 2014 and expects the integration with Kansai Plascon's supply chain will save at least 10% of production costs, finance director...
By Staff reporter | Published: 28 March 2014
The Deposit Protection Corporation has so far paid 220 Trust Bank Limited (Trust) depositors following closure of the financial institution last December.However, the compensated account holders repre...
By Staff reporter | Published: 28 March 2014
THE International Monetary Fund is committed to assisting Zimbabwe with stronger macro-economic policies and will continue to monitor the country's progress until June.The Bretton Woods institution sa...
By Conrad Mwanawashe | Published: 28 March 2014
PEARL Properties intends to spend as much as $100 million on the development of land it recently bought in Mt Pleasant in the medium term, a company official said yesterday.The company paid $9,6 milli...
By Business Reporter | Published: 28 March 2014
NMBZ Holdings says it has put in place measures to manage non-performing loans which affected its bank's performance, resulting in a record a loss of $3,3 million for the year to December 31, 2013.Gro...
By Conrad Mwanawashe | Published: 28 March 2014
Astra Industries, the country's leading paint manufacturer recorded a marginal 11 percent increase in profit for the year ended December 31, 2013 due to the company's cost containment strategies.Profi...
By Business Reporter | Published: 28 March 2014
Bindura Nickel Corporation could turn its smelter and refinery into precious metals refinery with a few modifications and refurbishment, managing director Mr Batirai Manhando said.Mr Manhando said the...
By Golden Sibanda | Published: 28 March 2014
Financial Highlights:- Revenue: $ 9 022 322- Net property income: $ 7 339 158- Net property income after administration expenses: $ 3 974 819- Operating profit before tax and fair value adjustments: $...
By PEAR | Published: 28 March 2014
Financial Highlights:- Turnover: $ 6 814 259- Operating loss: $ (428 292)- Loss before taxation: $ (898 778)- Taxation: $ 154 293- Loss for the year: $ (744 485)- Revaluation of land and buildings: $ ...
By WILD | Published: 28 March 2014
Financial Highlights:- Revenue: $ 26 952 286- Net operating costs: $ (21 282 270)- Operating profit before depreciation and amortisation: $ 5 751 727- Profit before interest and tax: $ 5 817 158- Prof...
By PHL | Published: 28 March 2014
Financial Highlights:- Net interest income: $ 20 175 199- Revenue: $ 36 351 077- Profit on disposal of associate: $ 580 136- Loss before taxation: $ (3 951 865)- Loss for the period: $ (3 321 823)- Di...
By NMB | Published: 28 March 2014
Financial Highlights:- Net premium income: $ 90 490 610- Net premium earned: $ 89 434 389- Total income: $ 113 014 836- Total expenditure: $ (103 658 571)- Profit before share profit of associate: $ 9...
By FML | Published: 28 March 2014
Financial Highlights:- Revenue: $ 39 670 612- Operating profit: $ 2 254 008- Profit before taxation: $ 2 257 346- Profit for the year period: $ 1 689 072- Dividend: Nil- Total comprehensive income for...
By ASTR | Published: 28 March 2014
Econet Wireless founder and chairman Strive Masiyiwa has been ranked among the top 50 greatest world leaders by CNN's Fortune magazine.In a list released last week, Masiyiwa is on number 35 out of 50'...
By Staff reporter | Published: 27 March 2014
ZIMBABWE has requested more time from International Monetary Fund (IMF) to manage its wage bill as it could result in retrenchments of civil servants, a government official has said.In an update follo...
By Staff reporter | Published: 27 March 2014
Standard Chartered bank Zimbabwe recorded a 47 percent decline in their profit before tax for the year end 31 December 2013 which as at $13,2 million a drop from 2012 same period's profit of $23,5mill...
By Staff reporter | Published: 27 March 2014
Rader Holdings Limited recorded a 30 percent rise in the profit for the year end December 31, 2013 from the previous period profit of $229 000 to the period under review profit which stands at $299 00...
By Staff reporter | Published: 27 March 2014
Zimbabwe could become the world's first country to have vehicles that run entirely on ethanol, parliamentarians heard today.Green Fuel general manager Graeme Smith told the parliamentary portfolio com...
By Staff reporter | Published: 27 March 2014
Financial Highlights:- Revenue: $ 62 314 449- Profit before depreciation and fair value adjustments: $ 4 298 011- Operating profit: $ 972 891- Profit before tax: $ 451 592- Loss after tax: $ (60 412)-...
By MSHL | Published: 27 March 2014
There was a time, not too long ago, when training and education budgets were one of the first cost cutting targets for businesses facing tough economic times. In this week's newsletter, we look at the...
By Regenesys | Published: 27 March 2014
ZSE shares continued their downward trajectory and slumped deeper into the negative territory on Thursday as activity across the board slowed compared with the past 2 days.The Industrials Index lost 0...
By Staff reporter | Published: 27 March 2014
African Banking Corporation will be focusing on raising capital for its various subsidiaries and improve loan book management, group CE Doug Munatsi told an analyst briefing yesterday."We are actively...
By Staff reporter | Published: 27 March 2014
Masimba Holdings is determined to see a profitable construction and growth at Proplastics after recording a 9% drop in sales volumes ,group CEO Canada Malunga told an analyst briefing yesterday."We ar...
By Staff reporter | Published: 27 March 2014
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
