CFI rolls out solar farms programme

CFI, however, said it still relies on the Zimbabwe Electricity Supply Authority (Zesa) for most operations.
By Mthandazo Nyoni Mar. 15, 2024

CFI suffers ZWL$125bn loss

Overall, retail operations contributed 76,3%, while milling operations contributed 20,1% and farming operations accounted for 3,4% of group turnover.
By Mthandazo Nyoni Mar. 12, 2024

Firms struggle with accounting standards

The group also failed to comply with IFRS 13.
By Melody Chikono Jan. 12, 2024

Firms adopt cautious approach in 2024

The brickmaker added that it will continue to focus on quality, production efficiencies and cost cutting measures.
By Melody Chikono Jan. 5, 2024

CFI defies ZSE directive

Baker Tilly flagged material misstatements in the group’s financial statements due to non-compliance with IAS 21: The effects of changes in Foreign exchange rates.
By Melody Chikono Jan. 5, 2024

Economic crisis chills CFI stockfeed demand

The agri-processor’s group inflation adjusted revenue for the quarter was 9,9% higher than the comparative prior year period.
By Rugare Mubika Feb. 24, 2023

RBZ threatens to ‘name, shame’ borrowers

In a statement yesterday, the RBZ accused people who borrowed from banks of manipulating the official interbank market.

By The Standard May. 12, 2022