Zimbabwe Stock Exchange listed NMB Holdings gross investment securities (Treasury Bills and Bonds) increased from US$92 245 425 as at 31 December 2017 to US$100 137 224 as at 30 June 2018 in line with the financial institution's exposure limits and risk appetite. Impairment losses on
The Zimbabwe Stock Exchange opened the month of September in the black as the bullish sentiment extended into the new month whereby primary All share Index went up 0.74% on sustained demand and touched 118.07 points in the first session of the month while, the Industrial
Barclays Bank did not propose an interim dividend for the half year ended June 2018 as the financial institution opted to grow its capital base in order to sustain planned growth and build the core capital base towards the 2020 regulatory minimum of $100 million. The
Zimbabwe Stock Exchange listed company African Distillers (AFDIS) registered a foreign exchange gain of $0.3 million on the back of weakening South African Rand, the group chairperson Pearson Gowero has revealed. According Gowero's statement in the AFDIS results, Ready To Drink (RTD) volumes driven by ciders grew
Zimbabwe Stock Exchange listed, Dairiboard Holdings Limited has achieved a revenue of $50.872 million, for the six months ended June 2018, representing a 15% increase from the same period last year. The giant dairy producer has also seen a six percent increase in sales volumes to
The Mining Index let go 0.37% to 164.01pts with RioZim dragging down the Index after dropping 0.54% to settle at $1.4670, having traded 21,266 shares for the day.
Zimbabwe Stock Exchange has opened a new week with losses on the back of political instability that rocked Harare last week with three of the benchmark indices pointing southwards while All Share and the Industrial Indices dropped by 0.23% to end at 113.30 points and
Zimbabwe Stock Exchange listed, British American Tobacco (BAT) administrative expenses for the half year ended 30 June 2018 dropped by 37 percent to US$2.3 million due to savings initiatives and once off retrenchment costs incurred by the company in the first half of 2017. According to
Zimbabwe Stock Exchange listed company, Starafrica Corporation Limited has recorded a 47% increase in turn over amounting to $48.1 million compared to $32.6 million recorded in the prior year. According to the group Chairman, Joseph Mutizwa, Earnings Before Interest Tax Depreciation and Armotisation almost doubled the amount
Zimbabwe Stock Exchange listed Delta beverages, sorghum beer volume declined by five percent mainly due to shortages of packaging materials for the Chibuku Super brand. According to the group update for the first quarter ended 30 June 2018, lager beer volume was 56% over prior year
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