263Chat · Tanganda Resilient Despite Headwinds ZSE-listed agro industrial firm, Tanganda Tea Company Limited demonstrated resilience in third quarter (Q3) to June 2022, with profit after tax exceeding previous year in both inflation adjusted and historical cost terms despite hampered by increased operational costs and reduced
Following months of negotiations, listed milk processor Dairibord Holdings Limited (DHL) has announced the failure of a possible merger with another dairy company, Dendairy (pvt) Limited. However, the company could not disclose the sticking issues which led to the failure of the deal. “Dairibord Holdings Limited and
The Victoria Falls Stock Exchange (VFEX) is set for a major boost following crocodile breeder, Padenga Holdings and miner, Caledonia Mining Corporation Plc announcements for an imminent listing and trading on the bourse. The VFEX was launched last year with the aim of creating a regional
Despite enduring massive disruptions to its supply chain during the COVID-19 restrictions effected during the just ended financial year to March 2021, Delta Corporation Limited managed to post earnings before interest and tax of ZWL$ 10.7 billion, signifying a 32 percent growth from pre-pandemic prior
ZSE-listed property investment firm, Mashonaland Holdings Limited’s Bluff Hill housing project is set to be officially launched this Friday following the completion of a model show house that preludes the construction of 24 other units in the next 18 months. The project experienced major delays due
Traditionally perceived to be opaque and sophisticated, the Securities and Exchange Commission of Zimbabwe (SECZ) is on a drive to dispel misconstrued notions around investing in capital markets and encouraging more women to participate. The capital markets regulator recently hosted the third episode of the “Women
ZB Financial Holdings (ZB) has reported a 10 percent decline in total income for the first quarter 2021 (Q1) to ZWL$ 1.3 billion from due to a 58 percent reduction in exchange income following measures taken by authorities to tame the exchange rate movements. Foreign exchange
Diversified resource group, RioZim Limited, says it has prioritized the completion of the US$ 17 million Biological Oxidation (BIOX) plant at the firm's Cam and Motor mine in Kadoma this year following delays to the project in the past two years due to funding constraints
Crocodile-skin produder, Padenga Holdings has notified its shareholders of a significant reduction in profits for the financial year ended 31 December 2020 relative to prior year due to the negative effects of the COVID-19 induced lockdowns in key European markets. The warning is a precursor to
Zimbabwe is at a crucial moment of redefining its agriculture in the face of climatic vagaries and financing gaps that have crippled crop yield in recent years while exposing millions of its citizens to extreme poverty and hunger. A 2019 World Bank report titled Public Expenditure
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