Morgan & Co
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Aggressive expansion offsets contracting average spend
Local operations’ sales were 4% firmer compared to prior year despite a 3% contraction in average customer spend.
By Morgan & Co
Mar. 7, 2025
Restructuring costs pull CBZH’s net earnings
We are cognisant of additional lines of credit and the Targeted Finance Facility but the stringent terms and depressed aggregate demand in the economy will limit uptake in 2025.
By Morgan & Co
Apr. 4, 2025
FCB: Cost pressures persist amid weaker non-funded income
FIRST Capital Bank’s (FCB) lending income grew by 48% in the financial year 2025, largely on the back of a 45% increase in customer deposits.
By Morgan & Co
May. 9, 2025
Eagle REIT set to list on forex bourse today
Other assets comprise Mazowe Walk and recently acquired land in Chegutu.
By Morgan & Co
May. 16, 2025
Afdis sales volumes up on anti-smuggling campaign
Accounting technicalities and capital expenditure underscored the jump in non-current assets and. by extension, total assets.
By Morgan & Co
May. 30, 2025
Competition, operational disruptions weigh on Nampak margins
The group remains debt-free and continues to invest in capital expenditure using internally generated funds, hence no interim dividend was declared.
By Morgan & Co
Jun. 6, 2025
Data usage perpetuates year-on-year Econet sales growth
Operating cash flows more than doubled to almost US$300 million after the maturity of the debentures, with an estimated 60% of these inflows in USD.
By Morgan & Co
Jun. 27, 2025
Market Pulse: NMBZ bets on fees and commissions
NMBZ’s net cash position, however, was slightly weaker because of net outflows from operating, financing, and investing activities. No interim dividend was declared.
By Morgan & Co
Sep. 19, 2025
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Temba Mliswa: Zimbabwe’s most accomplished political opportunist or man of principle?
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Nov. 2, 2025
