TREASURY has tabled an ambitious $14 billion revenue collection target by year 2019, despite only collecting a paltry 35% of that figure in the first half of the year.Revenue collections for the first...
Zimbabwe's telecommunications sector registered growth in revenues for the quarter ending June 30, 2019, mainly on the back of upward tariff reviews as economic headwinds persisted. The sector, like a...
Diversified Industrial conglomerate, Innscor Africa Limited defied the challenging economic environment and reported a surge in profitability for the year to June 30, 2019, on good product mix and vol...
INCREASED investment towards tapping digital opportunities remains the anchor for the growth of Zimpapers (1980) Limited, the country's leading integrated media group, as it seeks to diversify operati...
ZIMBABWE's telecoms sector has suffered a $37,1 million decline in revenue for the first time ever in the past four years.The latest Postal and Telecommunications Regulatory Authority of Zimbabwe (Pot...
PRETORIA Portland Cement (PPC) says revenue at its Zimbabwean entity declined by 20%, compared to last year, due to a weaker cement market, clinker shortages and depreciation in the functional currenc...
Fidelity Life Assurance says the increase in the costs of basic goods against stagnant wages reduced spending on insurance products.The company's chief executive officer, Reuben Java, told shareholder...
Seed Co Limited posted an after-tax-profit of US$90,7 million in the year ended March 31, up from US$21,4 million recorded in the prior year, driven by an increase in revenue.Revenue was up 16% to US$...
LISTED manufacturer and distributor of farming implements, Zimplow, says its revenue grew by 86% to $29,8 million in the first five months of 2019, driven by an improvement in volumes across the group...
The Zimbabwe National Roads Administration (Zinara)'s combined revenues are projected to rise to $135,6 million for the current year, up from $133,3 million last year. The improvement in the roads aut...
ZIMPOST says it generated $19,3 million in revenue in the 11 months to November, which was 12% below the $22 million achieved last year, as liquidity challenges and working capital constraints affecte...
ZIMBABWE'S revenue collections surpassed $5 billion after a tax increase on electronic transfers buoyed December collections to peak at $572,4 million, official data has shown.In a bid to shore up dep...
THE Zimbabwe Revenue Authority (Zimra) has recorded a decline of $27 million from commercial and vehicle imports in the first 10 days after Government legalised the payment of duty on specified goods ...
The rebasing of the Zimbabwean economy has highlighted additional opportunities to grow revenue and also pointed to high levels of tax evasion, Finance and Economic Development Minister Mthuli Ncube h...
Zimbabwe's telecoms sector generated revenue in excess of $1 billion and contributed 7,2 % to the country's gross domestic product (GDP) in 2017, the industry regulator has said.Postal and Telecommuni...
THE Zimbabwe Revenue Authority (Zimra) is targeting to collect $4,3 billion in gross revenue by year-end, up 8% compared to what was achieved in 2017, an official has said.Last year, the actual gross ...
DAWN Properties Limited (Dawn) revenue from hotel property leases went up 30,6 percent to $1,52 million during the six months ended June 30, 2018 on the back of increased occupancy at the hotels as de...
BancABC, the local unit of African Banking Corporation, is among the top banks that are generating the bulk of their revenue from interest-bearing activities, a survey of financial institutions operat...
DELTA Corporation Limited has reported a 40% increase in revenue as a result of an upsurge in all its beverage categories which was driven by higher consumer demand during the first quarter of the yea...
MOBILE operators experienced a 5,8% decline in revenue to $244 677 944 in the first quarter of the year owing to the continued decrease in voice traffic as over the top (OTT) applications continue to ...
Zimbabwe's mobile telcos' revenue for the first quarter of 2018 decreased by 5,8 percent to $244,7 million compared to $259,711 million recorded in the same period last year as consumers continue to o...
Zimbabwe's manufacturing industry is mulling a plan its contribution to $7 billion by 2030, as it aligns with government's ambitious plan to reverse economic turmoil. The 20 percent contribution will ...
HARARE City Council is losing a lot of potential revenue through billboards erected at private institutions by illegal advertising agencies.According to minutes of the environmental management committ...
Property concern Dawn Properties Limited revenue for the five months to May 2018, increased 27 percent to $2,2 million compared to same period last year. Property income from hotels and timeshares was...
THE country's leading manufacturer of conveyor belts - General Beltings Holdings' revenue for the five months to May 2018 grew 23 percent on increased volumes across board.In a trading update volumes ...