Spirit and winemaker, African Distillers’ after tax profit more than doubled from $1.11 million last year to $2.76 million in the six months to June, driven by a 13 percent increase in revenue.
Zimre Property Investments has reported a 7 percent decline in revenue to $2.76 million in the six month period to June, weighed down by a 14 percent fall in rental income as the property sector remained subdued.
Singer-businessman Energy Mutodi was yesterday granted $100 bail and was asked to report to police every Friday.
Dairibord Holdings narrowed its loss in the half year period to June to $845 000 from $1.9 million in the same period last year on improved revenue and a reduction in costs.
Afriforum, the Afrikaaner human rights group that is representing 20-year-old Gabriella Engels who was allegedly assaulted by First Lady Grace Mugabe has today filed an application with the High Court in Pretoria to set aside the decision by International Relations Minister Maite Nkoana-Mashabane to grant immunity to Grace Mugabe.
NMB Holdings Limited today reported a 35 percent increase in after-tax profit in the six months to June from $2.6 million in the prior year to $3.6 million despite an 8 percent drop in gross income.