ZSE Sustain Bull Run for Third Session
By ETimes For the third consecutive session, the Zimbabwe Stock Exchange (ZSE) maintained its bull run on Monday. Meanwhile, the ZSE has instituted a trading halt at 12:38 am today…
Zim’s first quarter platinum output jumps 3pct
By ETimes Zimbabwe’s platinum output for the first quarter of 2023 increased by three percent to 121 000 ounces, lifted by ongoing project developments, the World Platinum Investment Council (WPIC)…
Afdis estimates full year FX revenue to be US$49.4 million
By ETimes Volumes, a key indicator of demand, for Afdis rose 18% for the year ended 31 March 2023, compared to the comparative period, as it now focuses on cost…
ZSE reverses losses as FinMin announces measures to stabilise forex market
By ETimes The Zimbabwe Stock Exchange reversed losses to close on an upbeat note, following gains in 18 stocks. This comes as the Treasury expressed concern over the continued depreciation…
Turnall minority shareholders to bail out
By ETimes Listed consumer discretionary firm Turnall Holdings has dramatically withdrawn its cautionary statement in which it said it was seeking a rights offer in order to finance recapitalization. In…
Is gold-backed digital token panacea to macroeconomic vagaries?
By ETimes The highly anticipated gold-backed digital token has hit the market despite some mixed feelings from the market on whether it will survive its purpose. A gold-backed digital token…
ZSE market cap breaches $5 trillion mark
By ETimes The Stock Market edged higher on Tuesday after a 9.80% improvement in the mainstream index as the economy is moving towards full dollarization. This comes as the IH…
Old Mutual Zim attacks fintech space
By ETimes Listed financial services firm Old Mutual Zimbabwe has entered the financial technology (Fintech) space with the launch of its own subsidiary. Old Mutual Digital Services (Private) Limited (OMDS),…
Palestine Embassy in Zim strongly condemns Israel’s latest strikes on Gaza
By ETimes The Embassy of the State of Palestine in Harare has condemned the killing of at least 13 Palestinians by the Israeli apartheid state in besieged Gaza. This comes…
Gold backed digital tokens to deliver a liquid inflation hedging asset: analysts
…as stock market begins week positive By ETimes Equities trading at the Zimbabwe Stock Exchange (ZSE) opened the week on a positive note, extending gains from the previous session as…