NatFoods to register partial recovery in volume performance
By ETimes Food processor National Foods Holdings Limited will record a partial volume performance rebound over the second half of the year, according to local equities group IH Securities (IH).…
ANALYSIS| Elusive Economic Growth of Zimbabwe
By Newton Mambande The Zimbabwean economy is presented with a number of opportunities to become one of the top first-world countries. This is because of its diversified range of resources,…
Equities fall as exchange rate instability poised to derail inflation
By ETimes The Zimbabwe Stock Exchange fell for the third straight day on Thursday, shedding 1.58% amid continued confusion over blended inflation. The southern African nation now calculates inflation using…
‘Blended inflation figures might not present the correct outlook’
…as ZSE registers weekly decline By Pardon Tarisai The Zimbabwe Stock Exchange (ZSE) fourteenth (14) trading week of the year 2023 was not so impressive with a slight negative slide of the…
Willdale abandons proposed sale of idle assets
By ETimes Listed brick maker Willdale has issued a cautionary statement advising their shareholders that the firm has abandoned its intended to dispose of certain idle assets. Company secretary Mavuto Munginga in…
Z$ depreciation takes toll on investors as equities fall for second day
By ETimes The Zimbabwe Stock Exchange extended falls for the second day as sentiment started to weaken amid the continued free fall of the local currency against the greenback. The…
Economy fragility an effect of elections
By ETimes FBC Securities, a broking firm in its first quarter report said the economy is in a fragile state as the country awaits the much anticipated harmonized elections. In…
Vast’s closure settlement process in Zim poised for end of April
By ETimes Vast Resources expects the settlement process in Zimbabwe to be completed by the end of April or the early half of May. In February of this year, the…
ZSE resumes after Easter break with $35.8bn loss
By ETimes The Zimbabwe Stock Exchange (ZSE) resumed after the Easter public holidays on Tuesday with a loss of 1.19% due to profit taking. This comes as the International Monetary…
Econet lion’s share of Internet and data traffic down 2.1%
By ETimes Zimbabwe’s mobile Internet and data traffic increased by 3.4% to 33,576.4 terabytes in the fourth quarter of 2022 from 32,473.1 terabytes consumed in the third quarter of 2022,…