Foreign Investors Exit ZSE as Economic Uncertainty Deepens
By ETimes HARARE – THE Zimbabwe Stock Exchange (ZSE) experienced an impressive surge in key indices and turnover figures in the third quarter of 2024 (Q3 2024), but beneath this…
BancABC evade paying US$6 million golden handshakes by firing managers
By Wires HARARE – BANCABC has dismissed nine senior managers with a combined 102 years at the bank, in controversial circumstances that market analysts and fellow bankers say was systematic…
CBZ Bank appoints Masiya Marufu as new chairman
By ETimes HARARE – CBZ Bank Limited has appointed Masiya Marufu as the Chairman of its Board, effective September 1, 2024 in a move signalling strategic growth and innovation. With…
CoSSE okays regional market integration
By ETimes HARARE – The Committee of SADC Stock Exchanges (CoSSE) has validated the principles and operational model for the Interconnectivity Hub Project. The validation, confirmed during a meeting held…
Was ZiG devaluation less about USD scarcity and more about saving Treasury profligacy?
By Dr. Admire Maparadza Dube HARARE – The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwe Gold (ZiG) currency by 43% against the US dollar has sent…
OPINION| RBZ ought to mandate a minimum 25% ZWG in all transactions
By Dr Admire Maparadza Dube HARARE – The Reserve Bank of Zimbabwe’s (RBZ) role is clear: implementing measures to stabilize the economy. Specifically, mandating a minimum 25% ZWG in all…
Financial Management for CFOs
By Dr Admire Maparadza Dube HARARE – The chief finance officers (CFOs) strategically manage their companies’ finances by utilizing leading and lagging indicators, such as key performance indicators (KPIs), and…
Deposits Growth: A Double-Edged Sword
By ETimes HARARE – FBC Holdings has seen significant growth in customer deposits, with total customer deposits rising to ZWG4.06 billion in the half year ended 30 June 2024 from…
Electricity shortages hit construction industry hard
By Staff Writer PLAYERS in the constitution industry says the ongoing power supply shortages in the country are obstructing the construction industry’s ability to manufacture raw materials for both domestic…
Zim’s platinum output up 6% in first half of year
By ETimes HARARE – Platinum production in Zimbabwe rose 6% to 258 000 ounces in the first six months of 2024 from 242 000 ounces in the comparable period last…