July 1, 2021

Inputs business drives TSL revenue growth

TSL'S revenue grew by 33 percent to $1,5 million during the half-year ended April 30, 2021, driven by sales volumes growth in its agro-inputs business. (more…)

…

July 1, 2021

Companies & Markets

Covid-19: Hippo Valley unscathed

HIPPO Valley Estates (Hippo Valley) says its sugar sales volumes were up by 11 percent to 220 000 tonnes during the year ended March 31, 2021, as demand in the local market remained firm despite reduced spending amid Covid-19 pandemic disruptions. (more…)

…

July 1, 2021

Central bank wary of incentives abuse

THE Reserve Bank of Zimbabwe (RBZ) says it will put in place strong measures to ensure that the recently introduced export and investment incentives, which give some leniency on exchange controls, are not abused. Following the Treasury's announcement of the inducements in May, the central bank has now…

July 1, 2021

Companies & Markets

FBC Insurance reports profit despite ‘challenging year’

FBC Insurance Company recorded an inflation adjusted profit after tax of $38 million during the year ended December 31, 2020 from a $106 million loss recorded the previous year, driven by growth in investment income. (more…)

…

July 1, 2021

National Report

BNC turnover up 13 percent

BINDURA Nickel Corporation (BNC) recorded a 13 percent increase in annual turnover to US$59,2 million, during the year ended March 31, 2021 from US$52,4 million recorded in the previous year, despite a dip in production as commodity prices remained firm. (more…)

…

July 1, 2021

Sport

Cristiano Ronaldo shoots to top of Instagram rich list

CRISTIANO Ronaldo has shot to the top of Instagram’s annual rich list of celebrities who can charge the most for a sponsored post, with the footballer able to command as much as $1.6m (£1.2m) to endorse a product on social media.…

0 COMMENT
July 1, 2021

Companies & Markets

Inflation weighs on Success

MICROLENDER, Success Microfinance Bank (Success) incurred an inflation adjusted loss of $196 million for the year ended December 31, 2020, weighed down by cost increases. (more…)

…

July 1, 2021

Companies & Markets

Arden mulls restructure

ARDEN Capital (Arden) is considering a restructure after suffering a hard knock from the Covid-19 pandemic due to its focus on hospitality. (more…)

…

July 1, 2021

International News

Jacob Zuma: From liberation hero to convicted criminal

SOUTH Africa’s embattled ex-president Jacob Zuma, once jailed for fighting the apartheid regime, now faces another 15 months behind bars for shunning a corruption probe into his administration.…

0 COMMENT
July 1, 2021

Companies & Markets

Blessing Mudavanhu named IoDZ top chief executive in 2021

CBZ Holdings boss Blessing Mudavanhu has been named both the Institute of Directors Zimbabwe (IoDZ) 2021 director of the year and chief executive of the year. (more…)

…

July 1, 2021

Friday, 26 April 2024

FingazLive

Subscribe Online

Follow Us