The week-on-week turnover at the Dar es Salaam Stock Exchange (DSE) dropped by 67 per cent last week as investors shift their attention to the festive season. The turnover dropped to Sh12.7 billion during the week ending December 18, 2015 compared with Sh38.91 billion that was registered during the week ending December 11, 2015, market […]
Tag: company
Zimbabwe: Willdale returns to profitability on the back of volume increases and better cost management
Cost management initiatives undertaken during the year resulted in a 22 percent decline in average production costs. WILLDALE’s after tax profit for the year ended 30 September 2015 grew by 77% to $214 086 from a loss position of $931 011 in prior year and the group says it is now positioned to sustain profitability […]
Tanzania: Vodacom Plans to Invest Over 200 Billion/ – in 2015
VODACOM Tanzania plans to invest over 200bn/- in the next financial year, the firm’s chief executive officer, Mr Rene Meza, told a news conference in Dar es Salaam yesterday. Presenting the telecom firm’s business update for the 2014/2015, Mr Meza said the firm had a pleasant financial year, with the customer base swelling to 12 […]