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Mixed views over 2024 prospects

In the first quarter, businesses observed authorities making several significant modifications to fiscal policy.
By Melody Chikono May. 24, 2024

Innscor registers 20,2% growth in revenue

The snacks business operated at capacity for the period, delivering a pleasing 31% volume growth over the comparative period.
By Belinda Chiroodza Mar. 25, 2024

Innscor’s brewing unit performance in line with expectations

The company entered the opaque beer market with the Nyathi brand in December 2022 introducing a 1.25 litre regular sorghum beer, creating more than 130 jobs.
By Own Correspondent Dec. 6, 2023

Innscor splashes US$109m on expansion projects

In terms of regional focus, Schonken said at the moment they did not have any concrete plans but added:  “it is something that we are always looking at”
By Elma Zhoya Jun. 18, 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

Top stock picks for 2023

We identify four stocks that exhibit one or more of these characteristics, namely Innscor Africa, Delta Corporation, Simbisa Brands, and Hippo Valley Estates.
By Tafara Mtutu Jan. 27, 2023

US$400k boon for Innscor workers

Addington Chinake said the dividends, which were given to the Innscor Africa Employee Share Trust, were in recognition of the workers’ commitment to the company.

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

Innscor invests in beer plant

ZIMBABWE Stock Exchange-listed Innscor Africa Holdings has invested close to US$70 million into a beer manufacturing plant
By Taurai Mangudhla Nov. 11, 2022