Goldstar shuts refinery operations over an increase in raw sugar prices
…engages top supplier to find lasting solution Goldstar, the country’s largest sugar producer, temporarily closed its refinery and sent employees on indefinite leave owing to a rise in raw sugar…
Equities reverse gains as investors take profit
By ETimes Following losses suffered by many blue-chip stocks, the Zimbabwe Stock Exchange (ZSE) reversed gains to close on a downward note at the week’s opening. Many speculative buyers rushed…
Liquidity crunch drags down Willdale sales volumes in Q1
By ETimes Brick maker Willdale says volume sales declined 2% in the first quarter to December weighed down by slowing demand. Low product uptake, brought on by a lack of…
Firms gears up for new opportunities but some wary on outlook
By ETimes A number of Zimbabwe Stock Exchange-listed companies have released their third-quarter trading updates, revealing mixed feelings about the country’s prospects for the current fiscal year. Having followed the…
OK Zimbabwe sales volume down 9.37% in first 9 months
By ETimes OK Zimbabwe says volume sales fell 11.33% for the quarter and 9.37% for the nine months to December 2022 weighed down by slowing demand. This comes as consumers…
New tobacco farmers association top brass arrested
By ETimes Newly formed Zimbabwe Tobacco Growers Association (Zitoga) top brass, Mutandwa Mutasa, Believe Tevera, and George Seremwe have been arrested and are currently being detained at Southerton Police. Zitoga…
NBS courts Masvingo Housing contractors
NBS managing director Tapera Mushoriwa address contractors at the ongoing Masvingo Housing Contractors engagement meeting
Zim harbours wanted Irish Mafia cartel boss
…aircraft deal gone sour blows cover of fugitive A ZIMBABWEAN businessman, Adam Lincoln Woodington Wood, has allegedly been harbouring and enabling the activities of the founder of an Irish mafia…
Econet, EcoCash gains sees ZSE close Thursday in positive territory
By ETimes Gains in Econet and EcoCash saw Zimbabwe Stock Exchange shares close Thursday’s session in positive territory. Accordingly, the mainstream ZSE All Share Index gained 3.33% to end at…
Finmin says spending will be along budget lines in coming elections
…as liquidity management committee now operational By ETimes Zimbabwe has set up a liquidity management committee, says Finance deputy minister Clemence Chiduwa, while emphasising that there will be no high…