ZSE opens new week in red, sheds $47.16bn
By ETimes The stock market opened the week lower on continued weakness in heavyweight stocks. Investors were hesitant to take risks after the World Bank’s latest report revealed that Zimbabwe…
ANALYSIS| Exchange Related Gains Drive Mash Holdings to ZWL$1.6bn PAT
…as Group Targets Portfolio Diversification By Yona Banda Financial Performance Highlights Listed property group Mashonaland Holdings earned a Net Profit After Tax of ZWL$1.57 billion in the financial half-year ended…
Contango Holdings in Lubu Coal mine delight
By ETimes Contango Holdings, the London listed natural resource company developing the Lubu Coking Coal Project in Hwange has said it has received many enquiries for its thermal coal which they…
ZSE sustained negative close for the eighth consecutive session
ETimes Losses in heavyweights Axia and EcoCash offset gains in other stocks, causing the ZSE All Share to fall 8.16% to 10,727.53 points, marking the index’s eighth consecutive session decline.…
Lusaka ranked third among top 25 cities with fast-growing millionaire populations
By ETimes Henley Global Citizens, the global leader in residence and citizenship by investment, places Lusaka (Zambia) third among the 25 fastest growing cities in the world in terms of…
PPC delights in Zim operations
By ETimes PPC said group cement sales volumes (including Zimbabwe) for the five months ended August 2022 were in line with the previous comparable period as subdued demand in South…
Choppies sees earnings per share growth of up to 115% in FY2022
By ETimes Choppies expects full-year basic earnings per share to rise between 95% and 115%, the Fast Moving Consumer Goods retailer said recently, but is currently finalizing its financial results…
Heavyweight stocks weigh on ZSE as investors cash out
By ETimes The bearish performance of the Zimbabwe Stock Exchange continued for the seventh consecutive trading session as the mainstream ZSE All Share Index declined 6.53% to close at 10,917.96…
ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1
…as Group Targets Expansion By Yona Banda Financial Performance Highlights Listed banking group NMB Holdings posted a ZWL$1.7 billion net profit after tax for the half year period ended 30…
Zim’s milk output rose 17% to 59.01mln litres in 8 months to August
By ETimes Zimbabwe’s raw milk production has nearly reached half of the annual requirement with three and a half months remaining before the end of 2022. The southern African nation…