Harare, (New Ziana) – Fast food chain, Simbisa Brands posted an inflation adjusted net profit of $850.4 million for the six months ending December 2020, almost doubling its earnings from the same period last year despite the Covid-19 lockdowns that impacted on most economic activity. Revenue was up to $8 billion from $3.9 billion pushed […]
Harare, (New Ziana) – Zimbabwe’s telecommunications sector regulator said on Monday demand for data and courier services is expected to peak this year as the economy opens up after loosening of Covid-19 lockdown restrictions. The industry, in 2020 recorded a 751.7 percent jump in revenue to $38.8 compared to the previous year as demand remained […]
Harare, (New Ziana) – The Zimbabwe Stock Exchange (ZSE) on Monday granted listed companies with financial results due out at the end of this month, a 30-day reprieve within which to publish them. The extension, the bourse said, followed various representations it had received from firms owing to disturbances caused as a result of the […]
Harare, (New Ziana) -Zimbabwe and Zambia on Thursday signed a Memorandum of Understanding for a Joint Industrialisation Project which will see the two countries develop value chains and promote integrated manufacturing based on comparative advantages. Industry and Commerce Minister Sekai Nzenza signed on behalf of Zimbabwe while her Zambian counterpart Christopher Yaluma signed for his […]