Search results for 'Profit'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures
Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The
Jan 23, 2025
Companies
El Niño, Power Failures Weigh on NamPak: Only Plastics Unit Bucks the Trend in 2024
NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company
Jan 30, 2025
Top Stories
ZSE Holdings Posts USD 1.3 Million Comprehensive Loss as Currency Translation Erases Operating Gains
The operating business generated fee income across all revenue lines. The accounting result was determined by the exchange rate, not the business.Zimbabwe Stock Exchange Holdings Limited reported a to
27 minutes agoFirst Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work
First Mutual Holdings, Zimbabwe's largest listed insurer, has posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati
1 day ago
