National Foods Holdings Limited (Natfood) is a diversified, Zimbabwe Stock Exchange listed conglomerate which has grown to be one of the largest manufacturers and marketers of food products in Zimbabwe and the Southern African Region. It embodies ninety (90) years of milling experience and embodies the history of milling in Zimbabwe. When first established in 1920, the company’s main focus was on milling. Today National Foods provides the resources, technology and manpower necessary to feed millions of people.
.Zimbabwe is in debt distress and this could provide the biggest challenge on efforts to recover the economy from the abyss of collapse. Finance and Economic Development Minister Professor Mthuli Ncube presented a ZWL$421.6 billion 2021 National Budget on Thursday, and once again it leaves more questions than answers. According to the budget statement, the country’s external debt is estimated at U...
Delays in payments for gold deliveries strained the Company’s workin...
Profit for Q3 2020 was down 86.4% compared to Q3 2019 Revenue was 11.3% down This was due to price volatility, inflation and other unfriendly macro-economic aspects Harare – Zimbabwe Stock Exchange (ZSE) listed real estate, property development and management company, First Mutual Properties Limited has posted profits reduced by 86.4% and revenue reduced by 11.3% for the quarter ended 30 Se...
Harare – Real estate holding company, Zimbabwe Property Investments Limited (ZPI) has voluntarily delisted from the Zimbabwe Stock Exchange (ZSE) with effect from the 10th of November 2020. This comes after an offer by ZPI’s parent company Zimre Holdings Limited (ZHL) to minority shareholders to acquire their shares in exchange for newly issued shares in ZHL which led to the parent holding 97,6%...
Quarterly volumes up 28% Revenue up 15% Operations smoothened by improved accessibly to forex facilitated by the Forex Auction Harare – Liquor manufacturer and distributor African Distillers Limited has posted improved volumes in spirits and ready-to-drink (RTD) operations, as well as a jump in revenue for the third quarter, ended 30 September 2020 on the back of improved foreign currency s...
A number of construction works were completed during the period PAT up 15.7% ahead of prior year Full-year results expected to be ‘significantly’ ahead of the comparative period Harare – Masimba Holdings Limited, a Contracting and Industrial group in Zimbabwe, providing engineering and infrastructure solutions to the agricultural, commercial and corporate sector as well as housing, mini...
