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Month: April 2023

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  • FBC Holdings FY23 income seen at $406.61bn

FBC Holdings FY23 income seen at $406.61bn

By ETimes FBC Holdings’ total income will rise by 276% to $406.61 billion in FY23 from $108.15 billion in FY22 despite a challenging operating environment, IH Securities has said. FY…

Delta makes return to SSA Top 30 earnings releases, US$ earnings report

…as ZSE sustains gains by 3.79% By ETimes The Zimbabwe Stock Exchange maintained its positive trend on Thursday, rising by 3.79%.  Market capitalisation increased by $146.39 billion to $3.42 trillion,…

ZSE gains 2.27% amid exchange rate disparity concerns

By ETimes Despite concerns about the exchange rate’s volatility, the Zimbabwe Stock Exchange (ZSE) ended the midweek session on a positive note, adding $26.47 billion to its market capitalisation as…

Tigere REIT Q1 income hits US$381 569

By ETimes Listed Real Estate Investment Trust (REIT) Tigere Property Fund through its first quarter trading update said it has seen occupancy levels across its properties rise to 100 percent.…

ANALYSIS| Monetary Losses See FCA Bank After Tax Profits Decline 27% in FY22

By ETimes Financial Performance Highlights Commentary and Analysis Growth in income related to the group’s core banking operations (interest + fees and commissions) at 42% was only marginally higher than the…

Investors gain $82.77bn in bullish trading

By ETimes Investors in the Zimbabwe Stock Exchange on Tuesday recorded a gain of $82.77 billion as the market maintained its bull run. The ZSE All Share Index rose 2.34%…

First quarter milk output in Zimbabwe up 5%

By ETimes Milk production in Zimbabwe increased by 5% in the first quarter of 2023, official data showed on Tuesday. In Q3 2023, milk output stood at 22.61 million litres…

ANALYSIS| NMBZ Looks for Growth in Diversification as Profits Hit ZWL$12 billion in FY22

By ETimes Financial Performance Highlights Commentary and Analysis Operating income growth at 63% against 57% growth in operating expenditures paints a less flattering picture than the headline 87% after tax profit…

Arcadia Mine on trial run

By ETimes Huayou Cobalt’s, Arcadia Lithium Mine, successfully produced the first batch of its products after it commenced trial production at its Goromonzi mine, nearly a year after the groundbreaking…

ZSE rally continues amid high turnover

By ETimes The Zimbabwe Stock Exchange gained for the second day in a row, lifted mostly by select blue-chip gains and medium cap stocks. Turnover improved from yesterday to $2.21…