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Equity Live

@equitylive

Equity Axis is an online financial media service platform focused on african markets offering real time stock quotes, news, analysis and data.

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linkhttp://equityaxis.net calendar_today04-03-2019 19:38:06

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The only listed cables manufacturer, on Zimbabwe Stock Exchange, Carole Fleming reports a 72% drop in PAT for H1'25. Copper prices have surged 30% this year, driven by: Tariff anxieties & increased global demand, particularly in the energy & technology sectors.⬇️Here are their H1'25 results highlights.

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✳️Watch: Delving into the Challenges - Delta Corporation Limited Zimbabwe C.E.O, Valela speaks on how tight liquidity and exchange rate volatility severely impacted performance, highlighting the difficulties faced by businesses in Zimbabwe. 📹: Delta Corporation Limited Zimbabwe

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✳️Watch: The Double Whammy- Delta Corporation Limited Zimbabwe C.E.O, Valela elaborates on how the sugar tax and potholed roads took a toll on competitiveness, safety, and costs, making it a tough environment for companies to thrive. 📹Credit: Delta Corporation Limited Zimbabwe

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Highlights 22.05.25 ✳️Tobacco Earnings Edges $1Bn on Day 52 ✳️Simbisa Brands Expands Store Count to 772 ✳️AXIA’s DGA Remains Sluggish in Q3 ✳️African Sun Hotels Hits $10Mn Revenue in 3 Months ✳️Bitcoin Surpasses $111k, Reaches Record High ✳️Platinum Supply Hits Lowest Since COVID-19

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First Capital's Non-Performing Loans Down to 3.7%: Testament to Enhanced Risk Management ✳️NPLs dropped to 3.66% in Q1 2025 from 7% last year. ✳️Loan book grew 187%, income up 118%, with strong liquidity and a 14% rise in assets.

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Highlights 23.05.25 ✳️Khayah Cement Limited Seeks New Investors as Fossil #Mining exits ✳️First Capital Cuts Non-Performing Loans to 3.66% ✳️#SouthAfrica Lowers GDP Growth Forecast to 1.4% ✳️OPEC Plans 411,000 Barrels Per Day Production Hike for July

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Zimbabwe’s Banking Sector in Q1: A Comparative Performance Analysis ✳️#Zimbabwe’s banking sector remained resilient in Q1 2025, with mixed performances from CBZ Holdings and First Capital. ✳️#Growth prospects align with a 6% GDP forecast.

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This week's issue of The Axis Top story ✳️Africa’s Future at Stake Ramaphosa White House Moment 📖 - rebrand.ly/The-Axis

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Highlights 28.05.25 ✳️Zim’s Annual #inflation Soars to 92.1% in May, USD Decreases ✳️#Trade Deficit Narrows 50% ✳️African Sun Hotels Puts #Kariba's Caribbea Bay Hotel on Market ✳️Nissan Explores Debt and Asset Sales ✳️#Trump Halts New #Visa Appointments for Students

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🎙️ Zimbabwe’s economy, platinum trends & policy reform 📊 👉 This week: ✨ Monetary policy ideas from abroad ✨ Platinum price impact on mining ✨ SA’s land reform challenges ✨ Zim company & market updates 📊 Tune in now!

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Highlights 29.05.25 ✳️#Gold #exports set record after surpassing 300 million in April ✳️#Diamond exports see dramatic 900% upswing to $33 million ✳️NMB Bank Zim leads Q1 banking sector in #fintech and #innovation ✳️#US judiciary rules #Trump's #tariff war #illegal

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Highlights 30.05.25 ✳️#Zimbabwe's #Maize Imports Contracts by 43% in April ✳️#Tobacco Sales Hit Record 237 Million Kilograms ✳️Old Mutual Limited to Launch its First Bank This Year ✳️SPAR Group Divests International Operations, Eyes Core South African Market

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Zimbabwe's Diamond Exports Surge 912% in April Amid Global Price Decline ✳️#Zimbabwe's #diamond #exports surged to $33.47M in April from $3.66M in March, defying falling #global prices. ✳️But U.S. #tariffs and lab-grown gems pose big challenges.

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Highlights 04.06.25 ✳️OK_Zimbabwe Shuts Food Lover's Market Franchise Outlets ✳️Econet Wireless Declares Dividend for Q1 26 ✳️#RioZim Nears US$20m Investment Deal ✳️#US Doubles #Steel and #Aluminium #Imports #tariffs

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🎙️ Zimbabwe’s currency woes & export wins 📊 👉 This week: ✨ ZiG vs. inflation & USD ✨ Gold & diamond exports stay strong ✨ Insurance liquidity issues ✨ Transport expansion & debt talks ✨ Global trade & economic updates 📊 Tune in now!

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Highlights 05.06.25 ✳️#Petrol Prices See Slight Increase, Diesel Down ✳️Zim's #Gold Reserves Rise 275% to 3 Tonnes ✳️Inflation to Remain Elevated Until September ✳️#Tobacco Sales Edge Record 300 Million kg ✳️Tanganda Tea Begins Oil Exports ✳️U.S. Suspends Travel from 12 Countries

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📽️: #MashonalandHoldings posts stellar 4-month performance with operating profit at 35%⬆️ and occupancy at 88%⬆️.