‘Delta revenue to grow 10% in FY24’
Delta has continued with its capital expenditure campaign, having spent an indicative US$46 million within the first half of its financial year on capacity upgrades.
By Mthandazo Nyoni
Dec. 1, 2023
Puma Energy Zimbabwe goes green
In June last year, Puma Energy — which has a presence in six continents — set a target to install 200 solar projects across its global network.
By Rugare Mubika
Jun. 23, 2023
Uneconomical tariffs, exchange losses weigh down Econet
Revenue rose to $339,16 billion during the period under from a 2022 comparative of $282,15 billion.
By Staff Reporter
Jun. 2, 2023
Axia revenue seen jumping by 11%
Over the same period, it is anticipated that earnings before interest, taxes, depreciation, and amortisation (EBITDA) will increase 34% to US$31,76 million.
By Rugare Mubika
May. 7, 2023
Masimba sitting on US$104m order book
MHL chairperson Greg Sebborn said the state of infrastructure in the country presented opportunities for the firm.
By Rugare Mubika
Apr. 5, 2023
Unifreight posts $1,5 billion loss
In financial results for the year ended December 31, 2022, UAL chairperson Peter Annesly said the inflation adjusted revaluation of the historical value led to the $2,16 billion loss.
By Tatira Zwinoira
Mar. 30, 2023
Caledonia ramps up gold production
Gold production in the period under review grew by 20% to 80 775 ounces (oz), which is a result of a record annual production from its Blanket Mine.
By Mthandazo Nyoni
Mar. 28, 2023
Power outages hit PPC cement sales
Apart from South Africa and Zimbabwe, PPC also has units in Botswana, Ethiopia, the Democratic Republic of Congo (DRC) and Rwanda.
By Mthandazo Nyoni
Mar. 17, 2023
Hippo earnings seen softening
In an analysis of the firm’s financial statements for the full year ended March 31, 2022, IH said that downside risks still existed from high financial costs.
By Mthandazo Nyoni
Sep. 23, 2022
