Zim mines to dig deeper for less… Annual revenue seen falling by US$500 million
In its outlook for the sector, IH noted that the market was likely to experience continued volatility, persistent power cuts, and erratic policy shifts.
By Tafadzwa Mhlanga
Jul. 5, 2024
IH Securities projects 7% rise in Seed Co revenue
This year saw Seed Co open direct stores to bypass traditional channels paying in Zimbabwe dollars and increase access to US dollar sales directly from the market.
By Business Reporter
Dec. 18, 2023
IH Securities warns of ‘Laffer curve effect’
IH securities said if successful, the recently introduced measures could have the intended effect of expanding revenue capacity.
By Tatira Zwinoira
Dec. 6, 2023
Disputed polls bleed VFEX…as the bourse loses US$40m
MMC Capital executive director Itai Chirume told Standardbusiness that anything that causes uncertainty in the market would lead to investors being hesitant to commit capital.
By Tatira Zwinoira
Sep. 10, 2023
IH Securities predicts 6% Hippo Valley revenue drop
The increase was on the back of price adjustments in response to increasing cost pressures, amplified by currency dynamics embedded in the consumer price index.
By Tatira Zwinoira
Jul. 4, 2023
Furore over 25% export surrender funding
The idea was to create demand for local currency and use this increased local currency collections to pay exporters their 25% export surrender portion in Zimbabwe dollars.
By Tatira Zwinoira
Jun. 4, 2023
Innscor revenue projected to grow by 16%
Hence, IH Securities expects these “optimal pricing strategies” to continue to grow the group’s revenue further in its current 2023 financial year that will end on June 30, 2023.
By Tatira Zwinoira
Apr. 20, 2023
Innscor revenue projected to increase by 23%
Innscor management has revealed that indicative revenue in USD is around US$700 million for the financial year 2022 with a net profit of US$90 million.
By Mthandazo Nyoni
Nov. 29, 2022
‘Zim has capacity to produce 12 tonnes macadamia nuts per hectare’
According to Indian global research firm, Future Markets Insights, the size of the world market for macadamia nuts was estimated at US$1,53 billion in 2022.
By Tatira Zwinoira
Oct. 26, 2022
