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Month: October 2022

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  • ZSE closes on positive note, up by 0.64%

ZSE closes on positive note, up by 0.64%

By ETimes The ZSE closed 0.64% higher, occasioned by gains in Econet and Innscor and selected mid-tier stocks. The market breadth closed positive as Axia led 10 gainers and 8…

Lafarge Cement Zimbabwe publishes delayed results but volume sales falls

By ETimes Lafarge Cement Zimbabwe met its set deadline of publishing half year results before the end of October 2022 after being delayed on account of new external auditors’ review…

Terrace Africa breaks new dawn with Tigere REIT

By ETimes Asset management firm Terrace Africa has launched its yet to be listed Real Estate Investment Trust (REIT), the Tigere REIT, which will be the first to be listed…

Sanctions: A Historical Comparative Analysis of UDI Rhodesia and Post-Colonial Zim

By Newton Mambande Following the unilateral declaration of independence (UDI) on November 11, 1965, in January 1966, Rhodesia led by Prime Minister Ian Douglas Smith, was placed under mandatory economic…

Unki PGM output up 27% in first 9 months

By ETimes Anglo American said on Thursday that Platinum Group Metals (PGMs) output at its Shurugwi-based mine, Unki, rose 27% to 179 500 ounces in the first 9 months of…

Equities gain $9.13bn in midweek trade

By ETimes The Zimbabwe Stock Exchange closed 0.53% higher following marginal gains in Simbisa, which were enhanced by stronger gains in mid-caps.  Bulls’ camp took dominance over the market breadth…

Milk output up 16% in first 9 months

By ETimes Zimbabwe’s raw milk production in the first 9 months to September rose 16% to 66.84 million litres from the 57.6 million litres recorded in the comparable period last…

Curtain comes down on tobacco selling amid talk of US$5bn industry

By ETimes At least 212.71 million kilograms of tobacco worth US$650.30 million have been sold so far at auction and contract floors in the country since the start of the…

Inflation dips again and ZSE extends gains

By ETimes The Zimbabwe Statistics Agency (ZIMSTAT) said the country’s month – on – month and annual inflation cooled down in the month of October despite an increase in food…

Zim’s mobile connectivity index score improves to 42.4 in 2021

By ETimes Zimbabwe’s mobile connectivity index (MCI) score increased from 29.1 in 2014 to 42.4 in 2021, latest data shows. The MCI, by the Global System for Mobile Communications Association…