‘Banks are liquid enough’ RBZ
By ETimes In his monetary policy of 2023, Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mangudya said bank deposits grew exponentially driven by increased use of USDs in the…
Market cap crosses $3 trillion mark, as investors gain $233.81bn in one day
By ETimes Equities climbed for the tenth consecutive day on Wednesday as the mainstream ZSE All Share Index enlarged by 7.57%, pushing the combined valuation of all the stocks listed…
African Sun joins great trek to VFEX
By ETimes African Sun Limited says it will de-list from the Zimbabwe Stock Exchange (ZSE) and immediately list on the US dollar denominated stock exchange, the Victoria Falls Stock Exchange…
ART volumes drop in Q1 as blackouts hit operations
By ETimes Listed manufacturing group Amalgamated Regional Trading (ART) reported a 3% decline in volumes for the first quarter ended 31 December 2022 as the power issues continued to take…
ZSE maintains positive trend as investors gain $152.4bn
By ETimes The Zimbabwe Stock Exchange ended Tuesday’s session on a positive note, as market capitalisation gained $152.41 billion to close at $2.88 trillion, up from the $2.73 trillion recorded…
Zim ranked 132 on the EIU’s Democracy Index for 2022
By ETimes Zimbabwe has slightly improved in the Economist Intelligence Unit’s (EIU) Democracy Index ranking for 2022, moving up one place to number 132 in the world. The southern African…
CAFCA sweats over increased competition in export markets
By ETimes Listed cable manufacturer CAFCA says its export volumes for the financial year ended 30 September 2022 declined by 10% from the comparative period owing to foreign currency constraints…
ZSE begins week positive, gains $57.51bn
By ETimes The Zimbabwe Stock Exchange continued with its upward trend for eight consecutive sessions, with investors recording $57.51 billion in gains at the close of trade. Analysis of the…
RBZ to mint more gold coins if necessary
By ETimes The Reserve Bank of Zimbabwe (RBZ) says it will not hesitate to mint more gold coins if the market demands them, defying the International Monetary Fund suggestions. “The Bank…
Elections a major risk to monetary policy: IH Securities
By ETimes Brokerage firm, IH Securities said the monetary policy remained on course but there was downward pressure from the impending elections pressure. IH Securities noted that the central bank has…