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Month: March 2023

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  • Experts deliberate on Pomona project

Experts deliberate on Pomona project

By ETimes Various experts under the banner of the Zimbabwe Institute of GeomatIcs (ZIG) will gather in Harare this Thursday for a conference that will focus on a number of…

ZSE opens week negative

By ETimes The Zimbabwe Stock Exchange opened the week still in a negative mood with the mainstream All Share Index losing 0.14% to close at 37,271.15 points. The price depreciation…

West Prop Holdings to raise US$30 million in IPO

...to list on VFEX By ETimes West Prop Holdings says it will list on the Victoria Falls Stock Exchange (VFEX) late next month after receiving all the regulatory approvals. Last…

Zim’s renewable energy capacity edges up in 2022 – IRENA

By ETimes Zimbabwe’s renewable energy capacity increased by a negligible 1.07% to 1222 megawatts (MW) in 2022 from 1209 MW in 2021, highlighting the ongoing development of the energy transition…

Mash Holdings returns to profit, pays part of dividend in forex

By ETimes Mashonaland Holdings swung back to full-year profit on Friday and said it will continue to focus on boosting operational effectiveness and portfolio diversification. The group saw an annual…

OMIGZIM on Zim Economy: Baseline view suggest fragile stability

By ETimes OMIGZIM on Zim Economy: Baseline view suggest fragile stability The pre-election picture is hampered by a politically unstable atmosphere and the danger of business blocking policies, the Old…

ZSE maintains positive rally as investors gain $213.01bn

By ETimes The Zimbabwe Stock Exchange closed Tuesday higher, lifted by gains in select heavyweights. Market breadth closed positive as 16 stocks posted gains while 13 stocks posted declines. At…

TSL revenue up 106% in Q1, expects increased levels of borrowings

By ETimes TSL’s inflation-adjusted revenue for the first quarter ended 31 January 2023 rose 106% from the comparative quarter on volume growth. The positive performance came in a period that…

ZSE market cap crosses $3 trillion mark

By ETimes The Zimbabwe Stock Exchange (ZSE) on Monday opened trading on a positive note, with the market capitalisation crossing $3 trillion. At close, the ZSE All Share Index rose…

Masiyiwa’s ADC inks 20-year solar energy deal with DPA

By ETimes Africa Data Centers (ADC), which is owned by Zimbabwean billionaire Strive Masiyiwa, recently signed a 20-year Power Purchase Agreement with Distributed Power Africa (DPA) to supply its facilities…