Search results for 'profitability'
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
World
Battling the Abyss: Ariston Holdings Limited Records a Whopping ZWL$33 billion Loss
Harare - Ariston Holdings Limited faced a formidable challenge as its loss position widened to a staggering ZWL$33 billion in the full year that ended on September 30, 2023, compared to a loss of ZWL$
Jan 10, 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
Companies
Price Controls Squeeze Meikles Retail Sells: As Consumers Flock to Informal Market
Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,
Jun 24, 2024
Companies
Seed Co Leverages Poor Sales with Exports, Introduces New Resistant Varieties
Seed Co Zimbabwe, the largest operating seed company, has leveraged increased export sales of maize seed in 2023 to offset the impact of recurring El Niño-induced drought spells that affected local ma
Jul 03, 2024
Top Stories
ZiG Weekly Review: Slides to 26.67, Worst Performance Since January, but PMR Gap Narrows
The Zimbabwe Gold (ZiG) has demonstrated sustained depreciation against the United States Dollar (USD), recording an exchange rate of 26.6749 on 17 March 2025, extending a loss-making streak observed
13 hours agoZimbabwe Welcomes Over 750,000 Tourists in H1 2024, Tourism Receipts Edge Half a Billion
Zimbabwe’s tourism sector has shown remarkable growth in the first half of 2024, with international tourist arrivals increasing by 27% to 751,483 from 592,567 compared to the same period in 2023 accor
Mar 13, 2025Platinum Market Faces Worst Imbalance Since 2013: 2024-25 Deficit Projections Highlight Structural Risks
The platinum market is grappling with its most severe supply-demand imbalance since 2013, with deficits projected at 995 koz in 2024 and 848 koz in 2025, driven by structural supply constraints and v
Mar 13, 2025