• Tue. Feb 27th, 2024

Government urged to adopt strong remittance policy

By ETimes HARARE – Zimbabwe received remittances amounting to US$1,17 billion from the diaspora community in the first nine months of 2023, up 8 percent compared to the same period…

ZSE in red ahead of National Youth Day

By ETimes HARARE – Tuesday’s trading on the Zimbabwe Stock Exchange (ZSE) continued on the bearish path of Monday as the benchmark indices declined by 2.19% taking the bearish sentiment…

Navigating Uncertainty: Zimbabwean Companies’ First Quarter Dilemma

By Stephen Chandisareva Business sentiment in Zimbabwe has been characterised as “cautious optimism” for 2024, with most companies prioritising cost management in the current fiscal year. El Nino Looms: Hippo…

FML shares trade flat after filing an application to review corrective order

By ETimes HARARE – First Mutual Holdings Limited shares were flat at $3,600.00 after filing a lawsuit to defend its legal rights because they disagreed with the conclusions made in…

Persistent price changes dents OK Zim’s Q3, YTD volumes

By Stephen Chandisareva HARARE – Retail giant OK Zimbabwe suffered the impact of a difficult market as it reported a 32% decline in year-on-year volumes in the third quarter. It…

Stock market extends losing streak to six days

By Stephen Chandisareva HARARE – The Zimbabwe Stock Exchange fell further on Friday, extending its losing streak to six consecutive trading sessions. Fifteen counters, led by Meikles, recorded price losses…

Tanganda announces further regional expansion as revenue shrinks

By ETimes HARARE – Tanganda Tea Company has increased efforts to generate income through regional expansion after witnessing a drop in topline for the first quarter ended 31 December 2023.…

Hippo’s Oct-Dec sugar output drops 6% y/y

…says there are high stocks of imported sugar in the market By ETimes HARARE – Hippo Valley Estates produced 194 684 tonnes of sugar for the third quarter ended 31…

Dairibord sees block deal worth $7.1 billion

By ETimes HARARE – Equities trading on the Zimbabwe Stock Exchange (ZSE) on Thursday ended in the south zone as bears persisted for the fifth consecutive time. With 1.65% depreciation,…

Volume growth, inflationary pricing lift Nampak Q1 revenue

By Stephen Chandisareva HARARE – Nampak Zimbabwe reported an inflation-adjusted revenue of $172.5 billion in the first quarter of the fiscal year 30 September 2024, which went up 19% from…