Search results for 'Sales volumes'
Zimbabwe
Cheap Imports Dents AFDIS Sales Volumes

African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of

Jul 25, 2023
Companies
Nampak Defy Challenges to Achieve Growth

Nampak Zimbabwe Limited, a distinguished entity listed on the Zimbabwe Stock Exchange (ZSE), has maintained profitability in the 9 months to June 2023 despite facing power and supply constraints chal

Aug 11, 2023
Companies
Economic Storm Tests: BAT Remains in Smoke

Cigarettes manufacturer, British-American Tobacco has reported a 7% decline in sales volumes during the third quarter ended 30 September 2023 according to the Group’s latest trading update. However, d

Oct 27, 2023
World
The Brick Dilemma: Willdale Limited's Struggle with Power Outages and Intense Rivalry

Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper

Jan 09, 2024
Zimbabwe
Starafrica Corporation Faces Uphill Battle Amid Challenging Business Environment

Starafrica Corporation, a prominent participant in the sugar industry, has recently disclosed its performance, which mirrors the multitude of hurdles it encountered during the period ended September 3

Feb 06, 2024
South Africa
Steadfast Safety and Surging Refinement: Anglo American Platinum's Resilience in a Volatile PGM Market

The fourth quarter of 2023 was a turbulent one for the platinum group metals (pgm) market, as geopolitical tensions and supply disruptions affected the prices and availability of these precious metals

Feb 08, 2024

Top Stories

Zimbabwe’s Maize Harvest Plummets 70% Accelerating Hunger Fears: Immediate Implications

Zimbabwe is facing a dire agricultural crisis as the Ministry of Agriculture reports an estimated staggering 70% decrease in maize harvest for the farming season 2023/2024 compared to the previous sea

1 hour ago

General Beltings Holdings Reports Significant Loss in FY23 as Volumes Decline

General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber, and chemical products, experienced a significant decline in profitability in the fiscal year 2023. The company r

5 hours ago

AB InBev Delivers Robust Q1 2024 Performance

Anheuser-Busch InBev (AB InBev), the global brewing giant with a stake in Delta Corporation, Zimbabwe's largest beverage company, recently announced its financial results for the 1st quarter of 2024.

23 hours ago

Elevating the Banking Experience: AFC Bank Partners Intellect Global Consumer Banking

AFC Commercial Bank, one of the leading Commercial banks in Zimbabwe, has partnered with Intellect Global Consumer Banking (IGCB) to modernize its banking operations by implementing an Intellect Digit

May 07, 2024

Fidelity Life Crosses 100 Billion in Net Profit

Fidelity Life, a diversified assurance company, achieved a significant milestone by surpassing ZWL 100 billion in net profit for the first time. During the 12-month period ended 31 December 2023, net

May 06, 2024

CBZ Suffers Doubled Monetary Loss in FY23, No Relief in Sight for New Fiscal Year

CBZ Holdings, a blue-chip company listed on the Zimbabwe Stock Exchange and known for its flagship asset, CBZ Bank, has experienced a substantial increase in monetary losses for the fiscal year ended

May 06, 2024

ZECO, Perennial Loss-Maker, Narrows Annual Loss by 84%

ZECO, a company owned by flamboyant businessman Philip Chiyangwa, has significantly reduced its annual losses for the full year ended 31 December 2023 by 84%, with a loss of ZWL3 billion compared to

May 05, 2024

Kingdom’s Demise Darkens ASUN's Bottom Line: FY23 Ends in Disarray

After the closure of the renowned Kingdom Hotel in Victoria Falls, African Sun (ASUN), the leading hotel group, experienced a period of below-average performance. The loss of the 294-roomed Kingdom Ho

May 04, 2024