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Month: March 2023

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  • Stock investors gain $6.63bn in bullish trading  

Stock investors gain $6.63bn in bullish trading  

By ETimes Investors in the Zimbabwe Stock Exchange on Wednesday recorded a gain of $6,63 billion as the market continued its bullish run for the second day in a row.…

Nedbank Zimbabwe’s ROE more than doubled in FY2022

By ETimes Nedbank Zimbabwe says its return on equity more than doubled in 2022, contributing significantly to the group’s “quite a good set of results”. The uncertainty in the domestic…

Meikles shareholders in US$ dividend

By ETimes Meikles has declared a second interim dividend of US$0.60 cents for the year ending March 31, 2023, as the company continues to return value to its shareholders. In an…

Dr Mangudya defends his press release

By ETimes Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mangudya has alluded that his institution was attacked and had to put the record straight on allegations posed in an…

Zim platinum output to hit new high in 2023 – WPIC

By ETimes Zimbabwe platinum production surpassed 2022 estimates but fell by a negligible 1% compared to 485 000 ounces in 2021, the World Platinum Investment Council’s (WPIC) latest report shows.…

Simba Makoni out, Victor Gapare in at Powerspeed

By ETimes Dr. Simba Makoni has stepped down from his position at Powerspeed, where he was the chairman of the board for the past 13 years and was replaced by…

Dr. Mangudya sanctions rant true but misunderstood

By ETimes Reserve Bank of Zimbabwe (RBZ) Governor, Dr. John Mangudya dismissed the notion that the Bank is taking part in illicit gold trades as a way to bust sanctions…

African Sun optimistic about local and regional expansion after VFEX listing

By ETimes Listed hospitality and tourism group African Sun Limited says the delisting of its shares from the Zimbabwe Stock Exchange (ZSE) to the US-denominated Victoria Falls Stock Exchange (VFEX)…

ZSE opens week in the red

By ETimes The Zimbabwe Stock Exchange (ZSE) opened the week in the red on Monday as just 10 stocks appreciated amid growing uncertainty surrounding the ‘Gold Mafia’ report. On Thursday,…

Lubu to make first coal sale this month

By ETimes London listed miner Contango Holdings which is exploring Lubu coal resources in Hwange said in the financial year ending November 2022, the company made huge strides towards making its…