• Mon. Apr 15th, 2024

ZSE extends gains as ZiG continues to strengthen

By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) extended gains on Wednesday as Zimbabwe Gold (ZiG) continued to gain against the greenback amid rapid dollarisation of the economy. It…

Govt, RBZ to consolidate reserves

By Stephen Chandisareva HARARE – The government says it will supplement apex bank reserves with an additional US$300 million meant to stabilize the recently introduced currency, Zimbabwe Gold (ZiG). But…

RBZ cuts policy rate by 1333 bps, targets 2-5% USD inflation annually

By Stephen Chandisareva HARARE – Zimbabwe has announced a 1333 basis point cut in the key policy rate to 130% down from 150% due to a sustained decline in inflation…

Lack of funds delays hiring of a substantive company secretary: Willdale

By ETimes HARARE – One of the major shareholders in Willdale has raised an issue about a “significant conflict of interest” concerning the current finance director, Mavuto Munginga, who holds…

IMF remains committed to supporting drought hit SSA countries

By Stephen Chandisareva HARARE – In the wake of the severe impact of the El Nino induced drought that has devastated the southern Africa region, the International Monetary Fund (IMF)…

BAT updates sustainability agenda

By Climate Brief British American Tobacco Zimbabwe (BAT) says it has refreshed its sustainability agenda to reflect the changing external environment. The cigarette manufacturer says it remains clear that reducing…

ZSE resumes after Easter with $2.78 trillion gain

By Stephen Chandisareva HARARE – Trading on the Zimbabwe Stock Exchange (ZSE) resumed after the Easter holidays on Tuesday with a gain of 3.46% riding on a persistent bullish trend.…

FBC Holdings in impressive performance in face of challenges

By ETimes HARARE – In a year marked by economic uncertainties and evolving regulatory landscapes, FBC Holdings (FBC) emerged with commendable financial results for the full year ending December 2023.…

NMB FY23 financials get qualified opinion from auditor over ‘misstatements’

By ETimes HARARE – NMB Holdings’ external auditor, Ernst & Young Chartered Accountants (Zimbabwe), has expressed a qualified opinion on the bank’s financial statements for the year ended 31 December…

British American Tobacco sees decline in volumes, but revenue surges

By ETimes In their full-year results announcement for the period ending December 2023, British American Tobacco (BAT) reported a 5% decline in total volume, marking a shift from 1,054 million…