Axia HY profit down 16pct

HARARE, March 9 (The Source) – Axia Corporation’s after tax profit in the half-year period to December 31, 2016, dropped 16 percent to $7,8 million compared to $9,4 million in 2015, largely on increased operational costs. Revenue at $119 million was 14 percent up on… Read More

Simbisa Brands outlets up 10pct in Q1

HARARE, November 25 (The Source) –  Fast foods group Simbisa Brands says it has increased the number of counters by 10 percent in the first quarter to September and plans further expansion, locally and in the region. Simbisa, Innscor Africa’s quick service restaurant unit, listed… Read More