Zimbabwe Hyperinflation: Dousing Fire with Petrol?
By Newton Mambande With the rise of inflation and the cost of living, the government has implemented a number of economic plans to stabilize the Zimbabwean dollar (ZWL). However, the…
Mash Holdings shares up 15% after board changes
By ETimes Shares of Mash Holdings gained 15% on Thursday after the property firm announced board changes. This comes as Barbra Musariri retires from the board of directors effective 8…
ANALYSIS| Hefty Barzem Loss Provisions Drag Zimplow to ZWL$1.3 bln Loss in FY22
By ETimes Financial Performance Highlights Commentary and Analysis In implied US dollar terms, revenue was down in the groups key segments, with Mining and Infrastructure taking a big hit from…
Bullish run continues as equities market rises by $344.72bn
By ETimes The Zimbabwe Stock Exchange (ZSE) advanced by $344.72 billion as investors continued to digit a flurry of first quarter corporate earnings released on the local bourse as well…
ANALYSIS| Recovering Tourism Drives African Sun Revenues to ZWL$31.8 billion in FY22
By ETimes Financial Performance Highlights Commentary and Analysis Though obscured somewhat by the bargain gains reported in the previous financial year, its a strong performance by the hospitality group. On…
Turnall commits to remain listed
By ETimes Turnall announced that it will remain listed despite its two major shareholders increasing their ownership in the listed manufacturer. Company secretary Lizzy Samunda in a statement said, “Zimbabwean Brands…
ZSE extends bullish run fourth straight session, ASI gains 9.5%
By ETimes Equities trading on the Zimbabwe Stock Exchange (ZSE) extended gains for the fourth day in a row on Tuesday. The All- Share Index appreciated by 9,50% to close…
ANALYSIS| Operating Environment Weighs on Dairibord as FY22 After Tax Profits Hit ZWL$1.8 bln
By ETimes Financial Performance Highlights Commentary and Analysis Its a financial performance that was weighed down by the general challenges associated with the local business environment. The reduced cash flows…
Caledonia Mining production slips 13% in Q1
By ETimes Gold producer Caledonia Mining announced Q1 2023 gold production of 16,141 ounces from its Blanket and Bilboes mines, down 13% compared to Q1 2022 production of 18,515 ounces.…
NMB biting a piece of the remittance cherry
By ETimes NMB Zimbabwe (NMB) a financial services provider said it has successfully launched its remittance arm, NMBRemit as a way to increase its products to the general population. Violet Mutandwa,…