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Month: December 2022

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  • Gains hit momentum on ZSE

Gains hit momentum on ZSE

…Gvt suspends new mining titles on selected minerals By ETimes The ministry of mines and mining development has ordered all provinces to suspend the issuance of mining titles for some…

Zimbabwe now needs only 6.93 million liters of milk to reach annual target

…churns out 83.06 million litres in first 11 months By ETimes With just one month left to achieve the milk production target of 90 million liters for the current fiscal…

Heavyweights drive ZSE gains on Tuesday

By ETimes The ZSE All Share Index went further up by 419.50 points representing a 2.67% gain to close at 16 138.51 Gains were driven by Innscor which is trading…

Zim bans exportation of raw lithium

By ETimes Zimbabwe has effectively prohibited the exportation of raw lithium immediately amid a recent rush for the new precious resource. Now, under a new legal instrument – Statutory Instrument…

ZSE gains on Monday, Ramaphosa ANC win boosts Rand

The Zimbabwe Stock Exchange opened the holiday-shortened week on a positive note. Accordingly, the mainstream ZSE All Share Index gained 2.45% to close at 15,719.01 points. Overall, the market breadth…

Illicit Financial Flows Deplete Zimbabwe’s Wealth: Veritas

By ETimes Zimbabwe’s economy is being hindered by illicit financial flows, which also encourage corruption and benefit members of the elite at the expense of the general populace, a legal…

ZSE sustains bullish trend, gains $33.65bn

By ETimes It was yet another bullish session on the floor of the Zimbabwe Stock Exchange (ZSE) on Friday as the uptrend continued to the delight of investors. At close,…

ANALYSIS| SeedCo Gears Up for Agricultural Season as Profits Rebound to ZWL$2.6bln

By ETimes Financial Performance Highlights Commentary and Analysis It’s a set of financial statements that raises some concern. The exchange gains on the USD valued receivables tied to seed deliveries…

Powerspeed shareholder equity up 14.7% in FY2022

By ETimes In a year of good fortunes, the recently delisted Powerspeed saw its shareholder equity close the full year 2022 ending September 30, 2022 at $8.2 billion. Dr Simba…

Multiple shocks will continue to weigh on Zim’s growth prospects: IMF Staff

…ZSE closes on positive note, up 0.94% By ETimes  The upward trajectory witnessed on the local bourse continued on Thursday with a further 0.94% growth. Today’s performance comes as the…