News type: Earnings
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Nov 22, 2023 –
Chairman’s statement Introduction This year marks a significant milestone in our journey as we commemorate our 25th anniversary. As we celebrate this milestone, we reflect on how resilient and agile our business has been, evolving from a mobile voice telephony operator to becoming a digital service provider (DSP) that touches …
Corporate announcement, Earnings | Zimbabwe
Nov 20, 2023 –
CAFCA Limited has declared a dividend. The following are the details related to the dividend: Declaration date 16/11/2023 Ex-Dividend date 29/11/2023 Record date 01/12/2023 Payment date 15/12/2023 Dividend amount per share 0.079 USD
Corporate announcement, Earnings | Zimbabwe
Nov 17, 2023 –
Innscor Africa Limited (INN.vx) 2023 Annual ReportChairman’s Statement and Review of Operations Directors’ Responsibility The Holding Company’s Directors are responsible for the preparation and fair presentation of the Group’s audited annual financial statements. These audited Group annual financial statements are presented in accordance with the disclosure requirements of the Victoria …
Corporate announcement, Earnings | Zimbabwe
Nov 17, 2023 –
Zimplow Holdings Limited hereby issues the following trading update as at 30 September 2023. TRADING UPDATE The quarter under review saw a continuation of the implementation of a plethora of measures by Central Government as well as the Central Bank with a view to taming the depreciation of the local …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 16, 2023 –
National Foods hereby issues the following trading update for the quarter ended 30th September 2023. Economic Environment and Trading Performance 1. The economic environment was relatively stable in the quarter, with a reduction in inflation following various measures implemented by the authorities. 2. The recent announcement regarding the continued use …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 16, 2023 –
Simbisa Brands Limited (‘Simbisa’ or the ‘Group’) issues the following trading update for the first quarter ended 30 September 2023. TRADING ENVIRONMENT Persistent high inflation rates and currency devaluation remained the most significant operational challenges during the quarter under review. Global and regional supply chain disruptions threatened product availability, consistency …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 15, 2023 –
Innscor Africa Limited hereby issues the following trading update for the First Quarter that ended 30 September 2023. TRADING ENVIRONMENT AND GROUP SUMMARY The Group operated under relatively stable trading conditions during the quarter, which was characterised by reduced inflationary pressure and currency volatility following various policy measures implemented by …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 15, 2023 –
Overview of Operating Environment The operating environment was characterised by increased activity across key economic sectors. The average blended inflation rate for the quarter under review was 19.6% up compared with 31.7% and 56.3% in Q2 2023 and the corresponding period last year, respectively. The downward trend has largely been …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 15, 2023 –
Trading Environment Trading for the most part of the quarter was satisfactory as the operating environment was relatively stable. The policy interventions implemented by authorities in June 2023 resulted in increased use of foreign currency for domestic transactions, tight local currency liquidity and a more stable exchange rate. The Group …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 15, 2023 –
OPERATING ENVIRONMENT The operating environment was stable during Q3 2023 following policy intervention measures instituted by the Government to tackle price and exchange rate volatility. The measures resulted in stable market conditions though the gap between the official and parallel rates is now increasing. The Bank Policy rate stood at …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 15, 2023 –
Padenga Holdings Limited (Padenga) is pleased to issue its trading update for the third quarter ended 30 September 2023. Trading Environment The nine months under review continued to be challenging. Management continues to closely monitor the environment, engage the relevant authorities and implement relevant measures in place to adequately sustain …
Corporate announcement, Earnings, Trading update | Zimbabwe
Nov 15, 2023 –
Operating environment The economy continues to experience subdued consumer demand across major economic sectors due to subsisting inflationary pressures which have reduced consumer purchasing power. The RBZ exchange rates relatively stabilised during the third quarter pursuant to monetary policy interventions. The Government has extended the multi-currency regime to 2030 through …
Corporate announcement, Earnings, Trading update | Zimbabwe
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