Mid Caps power ZSE to gains on Monday
By ETimes Gains in Simbisa and Econet saw Zimbabwe Stock Exchange shares open the week in positive territory albeit marginally. The ZSE All-Share Index which has a year-to-date gain of…
Mineral product for royalty payment given thumbs up
By ETimes Government announced that at the beginning of October, all mining royalties will be paid for in the form of minerals in line with the National Development Strategy One…
Delta, Innscor, Hippo lift ZSE at week’s close
By ETimes Delta led the Zimbabwe Stock Exchange risers on Friday as the stock market closed the week in the positive ahead of the third quarter earnings season. The market…
Four session gains recorded on Thursday as BAT led gains
By ETimes The Zimbabwe Stock Exchange rallied for the fourth consecutive day on Thursday, with the mainstream All Share rising 0.78 percent to 13,591.97 points at the close of the…
Truworths feel the heat as restrictive pricing laws weigh
By ETimes Truworths says the tight pricing restrictions, which made things pricey in US Dollar terms but cheaply priced in local terms, had a negative impact on sales and profits…
ZSE winning streak extends to three sessions
By ETimes The local bourse added 0.63% on Wednesday in extension of their newfound upturn ahead of the third quarter earnings season expected to begin any moment soon. Market observers…
Caledonia says all the last 3 quarters met gold output targets
By ETimes Gold production at Gwanda-based Blanket Mine rose 22% to 59,726 ounces in the first nine months of 2022 from 48,872 ounces in the comparative period. The Caledonia Mining…
World Economy volatile and growth to slow in 2023
By CNBC The International Monetary Fund predicts global growth will slow to 2.7% next year, 0.2 percentage point lower than its July forecast, and anticipates 2023 will feel like a…
ZSE extends gains to 2 sessions
…as Imara says investors see a local bourse as ‘closed for their business’ By ETimes The Zimbabwe Stock Exchange (ZSE) strengthened 1.24% on Tuesday, occasioned by gains mostly in mid-tier…
Imara says more companies are likely to change their functional currency to USD
By ETimes A number of Zimbabwean companies are likely to switch to the greenback as the functional currency as the majority of their revenues are now in US dollars, says…