ANALYSIS| CAFCA Rebounds to Profitability in FY22 With ZWL$2.2bn After Tax Profits
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Analysis of recent past performance suggests the 2022 financial year was a positive year for CAFCA, with revenues and operating profits…
ZSE gain despite FinMin again cuts economic growth forecast to 4%
TweetShareSharePin0 SharesBy ETimes For the third consecutive session, the Zimbabwe Stock Exchange (ZSE) on Thursday maintained its bull run, as the market capitalisation gained $1.73 billion despite the economy growing…
ANALYSIS| Delta Aims for Consolidation as Competition Emerges, HY22 Revenues Reach ZWL$205bln
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights The Delta Corporation posted a ZWL$18.5 billion inflation adjusted after tax profit for its half-year ended 30 September 2022. The performance was a 27%…
Mnangagwa says economy is growing faster than power supply
TweetShareSharePin0 Shares…equities in 2-day consecutive rally By ETimes Zimbabwe Stock Exchange closed higher on Wednesday for the second consecutive day ahead of the 2022 National Budget today. Investor focus will…
GB third quarter turnover rises to US$3.539mln on higher volumes
TweetShareSharePin0 SharesBy ETimes General Beltings has posted a turnover of US$3.539 million, in the third quarter ended September 2022, a 9% jump compared to US$3.237 million posted in the same…
OPINION| The Economy Under the Mnangagwa Administration
TweetShareSharePin0 SharesBy Newton Mambande Since Robert Mugabe’s presidency, the economy and financial markets have experienced long periods of unstable growth, leaving the Emmerson Dambudzo Mnangagwa administration with a mess economy.…
ZSE creep back to positive territory as mid-caps rally
TweetShareSharePin0 Shares…as ZWL marginally slides against USD On Tuesday, equities trading at the Zimbabwe Stock Exchange ended bullish to halt one day’s negative outing. The All Share Index therefore inched…
Unki Mine lifts Zim’s third quarter platinum output to 118koz
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum output rose 2% to 118 000 ounces in the third quarter ended 30 September 2022 from 116 000 ounces in the comparative period, the latest…
ANALYSIS| Exchange Losses Drag Econet Wireless to ZWL$5.78bln HY1 After Tax Loss
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed telecommunications group Econet Wireless reported an after tax loss of ZWL$5.8 billion for its half-year ended 31 August 2022. The performance was…
ZSE opens the week in red
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange opened the new trading week slightly lower as investors profited from recent gains. However, market breadth closed positive as 10 gainers were reported…