FMP occupancy rises to 89% to boost net property income in Q3
Tadiwa Musiyiwa
HARARE – Property firm, First Mutual Properties’ net property income grew by 62% driven by a 49% increase in revenue growth and cost containment measures.
In a trading update, company secretary Dulcie Kandwe...
Simbisa profit margins improve on improved turnover and cost containment
HARARE - Simbisa says its group operating profit margins during the three months to Sept. (Q1 FY22 ) improved by 5 percentage points from 10% in Q1 FY2021 to 15% in Q1 FY2022 as...
New leases spur Mash Holdings’ revenue in Q-September
Tadiwa Musiyiwa
HARARE – Zimbabwe Stock Exchange-listed property investment and development company, Mashonaland Holdings has increased revenue by 37% to ZWL359 million driven by new leases concluded during the quarter ended 30 September, 2021.
In a...
Rising consumer demand sees BAT cigarette sales volumes rise 25% in Q3
Itai Ndongwe
Improving consumer demand and increased export of cut rag tobacco saw British American Tobacco Limited (BAT) Zimbabwe recording an overall volume growth of 32% for the third quarter ended September 30, 2021.
In a...
Nampak volumes up 23% in Q-September on firming demand
Tadiwa Musiyiwa
Nampak Zimbabwe Limited sales volumes improved by 23% on the back of firm demand for commercial cartons in the printing and converting segment.
In a trading update for the quarter ended 30 September 2021,...
Fidelity Life’s core revenue increases 121% in YTD September
Takudzwa Musakasa
HARARE – A combination of new business and premium reviews led Fidelity Life Assurance to a 121% increase in total core revenue for the nine months to September.
According to the group’s trading update...
Volume recovery in publishing boosts Zimpapers’ Q3 topline
Itai Ndongwe
HARARE – Volume recovery from the digital and publishing division saw Zimpapers report a 74% growth in revenue for the third quarter to September 30, 2021.
The digital and publishing division, recorded a 24....
FUM: Specialist funds grow 7.37% in Oct, ABC leads on returns
Tadiwa Musiyiwa
HARARE – Specialist funds increased by 7.37% to 58.28% during the month of October 2021, according to the latest edition of the GroWealth Unit Trust Performance Survey.
In a survey report for the period...
ZERA increases LPG prices
Itai Ndongwe
The Zimbabwe Energy Regulatory Authority (ZERA) has announced new prices for liquefied petroleum gas (LPG) for November 2021.
According to the Petroleum (Liquid Petroleum Gas Pricing) Regulations 90 of 2021, the price of gas...
Natfoods AGM: Watch
HARARE - National Foods says its new plant in Bulawayo will improve market share and profitability.
Watch snippets of the AGM here: https://www.youtube.com/watch?v=XJ9WKfvu7XE
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Diego Maradona was all of us
Arthur Choga
I grew up on a school and on a farm. So there were no dusty streets for...
