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Month: February 2023

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  • ZSE appreciates by $43.71bn as new week begins positive

ZSE appreciates by $43.71bn as new week begins positive

By ETimes Trading activities on the Zimbabwe Stock Exchange resumed the week on a positive note as market capitalisation appreciated by $43.71 billion. At close, the ZSE All Share Index…

Zimplats reports 6% drop in half year profit

By ETimes Zimplats, the country’s largest platinum producer, reported a 6% drop in half-year profit due to a drop in metal prices on Monday. The company’s profit for the half…

Old Mutual seeks to acquire Marsh Zimbabwe

By ETimes Zimbabwe’s premier insurance provider, Old Mutual Zimbabwe has approached the Competition Tariff Commission seeking to merge with Marsh Zimbabwe. Both firms are in the financial and insurance sector,…

Moyo lands finance director gig at Econet

By ETimes Listed telecoms giant, Econet Wireless today announced that it will have a new finance director beginning Wednesday March 1, 2023. In a statement, Econet said, “We are pleased…

All set for the 21st Old Mutual NAMA awards

By ETimes The stage is set for the 21st National Arts Merit Awards (NAMA) powered by Old Mutual Zimbabwe tomorrow at the Harare International Conference Centre, with the organisers aiming…

Gilad Shabtai’s illegal attempt to take control of Adlecraft Investments fails miserably

By Staff Writer High Court judge Justice Manzunzu has interdicted businessmen Gilad Shabtai and Munyaradzi Gonyora from presenting themselves as part of Adlecraft Investments. On the 29th November 2021, Honorable…

ZSE wobbles, SeedCo Limited chickens out from VFEX listings rush

By ETimes It was not cheery news on the trading floor of the Zimbabwe Stock Exchange (ZSE), as activities on the stock market took a negative turn on Thursday. The…

CFI fertilizer sales tumble as supply, real price increases constraints linger

…but revenue up 9.9% in Q1 By ETimes CFI Holdings’ inflation adjusted revenues for the quarter ending 31 December 2022 surged by 9.9% over the prior year period despite a…

CAFCA first quarter export volumes decline

By ETimes CAFCA, the only cable manufacturer in Zimbabwe, says its export volumes declined by 34 tonnes in the first quarter ended 31 December 2022 but it remains optimistic about…

ZSE resumes after National Youth Day break with $15.6bn loss

By ETimes The Zimbabwe Stock Exchange (ZSE) resumed trading on Wednesday after the National Youth Day holiday with a loss of $15.6 billion on its market capitalisation due to profit…