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‘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