Zimvest

One of the country’s leading retail outlets, OK limited, has just announced its set of financial results for the six month period ending 30 September 2011. The results show a staggering return to high profitability and revenue growth which only underlines the changed economic environment since dollarization of the economy. Highlights of the performance include [...]

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Mashonaland holdings is a Zimbabwe Stock exchange listed company involved in the developing of real estate property as well as property leasing. In the past few days it announced its financial results for the interim period ending 30 September 2011. The results again are quite consistent with the rate of economic recovery under the present [...]

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AICO is an agricultural and food processing group whose business units include Cottco, Seedco, Olivine Industries and Scottco and in the last few days it has made its financial results public. The results cover a period from 1 April to 30 September 2011 and are quite consistent with the rate of the whole economy. During [...]

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 Econet Wireless Zimbabwe the country’s biggest telecommunication company has just made public its interim results for the period ending 31 August 2011 and these results continue to reaffirm the company’s blue chip status. For a company that started operations in 1998, this has to be one of the most remarkable success stories of the country’s [...]

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The Zimbabwe Stock exchange listed timber concern Border Timbers limited has announced its set of results for the year ended 30 June 2011. The group recorded an increase in turnover from $13.8 million last year to about $21.9 million this year this as demand remained firm and the growth in turnover is largely attributed to [...]

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Padenga holding limited is a crocodile breeding company which then sells the skin to foreign markets. Padenga was previously a part of Innscor Africa but now it is a stand-alone company and it has just announced its inaugural results for the eleven months ended 30 June 2011. For a company in this very unique business [...]

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Metropolitan bank is one of the smallest financial institutions with a commercial banking licence yet judging by its results just made public it has performed better than some established banks in profit terms. Highlights of Metropolitan include operating income before tax which was $1.85 million compared to $1.27 million in the same period last year [...]

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Clothing manufacturer and retailer Edgars Stores limited has just released its results for the interim period ending 9 July 2011 and the performance is quite impressive especially when one considers the intense competition in the industry particularly from imports. Since the government adopted the look East policy a few years ago a lot of imports [...]

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British American Tobacco Zimbabwe, a cigarette manufacturing company owned by the BAT group and just like most other public companies that have just released their results BATZ’s results show an improvement all round and the company actually declared a dividend a sign that it has come out of the woods. Major financial highlights include increased [...]

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Stanbic bank one of the few foreign owned commercial banks operating in Zimbabwe and one of the biggest banks in the country by assets value has announced its results for the period ending 30 June 2011.The results are in concert with those of the rest of banking community; net interest income has grown, profitability has [...]

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