CFI shareholders reject appointment of Nziradzemhuka, Kudenga to board of directors
By ETimes Shareholders at CFI Holdings rejected the appointments of Chakanyuka Nziradzemhuka and Stanley Kudenga to the board of directors. They were mostly representing Stalap Investments. With 16 years of…
Rights Issue Confute: Econet, EcoCash US$30m proposed offer
By ETimes In order to redeem the existing debentures in the capital of both companies, Zimbabwe Stock Exchange (ZSE) listed telecommunications company Econet Zimbabwe and its offshoot, EcoCash Holdings, announced…
ZSE swing back into positive territory
By ETimes Zimbabwe Stock Exchange (ZSE) swung back into positive territory in midweek trade on renewed risk appetite for stocks. Accordingly, the mainstream ZSE All Share Index rose 1.11% to…
Dollarisation, inflationary pressures choke Bridgefort shares
By ETimes Bridgefort Capital, formerly MedTech Holdings, says the operational environment remained challenging and unpredictably structured in 2022, making shares unappealing to the market. This comes as business activities continue…
Official exchange rate crosses 1000 mark as ZSE halts gains
By ETimes The Zimbabwe Stock Exchange (ZSE) declined on Wednesday as the mainstream index fell 0.26% but the loss was powerful enough to cancel the pre-independence holiday gains at a…
Air Zimbabwe must not get preferential treatment
By ETimes The minister of transport and infrastructural development Hon. Felix Mhona, urged the national carrier, Air Zimbabwe to move with the times and be more competitive as the country…
Data usage up 18.4% in 2022, power cuts might impact internet addiction
By ETimes Zimbabwe’s mobile internet and data usage increased by 18.4% to 113,857 terabytes in 2022 from 96,194 terabytes in 2021, according to the latest Postal and Telecommunications Regulatory Authority…
ZSE reverses losses, investors gain $28bn
By ETimes On Monday, equities trading at the Zimbabwe Stock Exchange (ZSE) ended bullish to halt four consecutive negative outings, as positive outings by Econet and other mid-tier stocks pushed…
Number of passengers at Zim airports rises to 1.56 mln in 2022
By ETimes The number of air passenger movements across all the country’s airports increased by 108.74% to 1.56 million in 2022 from 747,404 in 2021, with Robert Gabriel Mugabe International…
Equities market records marginal loss
By ETimes The Zimbabwe Stock Exchange recorded a marginal loss as the All Share Index (ASI) declined by 0.09% to close at 36,174.67 points. Market capitalisation declined by $10,33 billion…