Dairibord makes renewed push to enter new export markets
By ETimes Dairibord, the country’s largest milk processor, expressed concern over the duration of the borrowings, where many financial institutions lend money on short terms at high interest rates, saying…
ZSE market cap crosses $4trn
By ETimes Amid the exchange rate volatility, the Zimbabwe Stock Exchange (ZSE) on Friday crossed the $4 trillion mark in terms of market capitalisation, setting a new record as investors…
Of energy poverty in Zimbabwe
By ETimes Zimbabwe has been facing a severe electricity crisis for several years. The country’s power generation capacity is insufficient to meet the demand, resulting in frequent power cuts and…
Big caps lift ZSE as First Capital Bank get nod to list on VFEX
By ETimes Big caps lift ZSE as First Capital Bank get nod to list on VFEX The local bourse closed Thursday in the green lifted by gains in select heavy…
ZSE in 1pc gain in midweek trades
By ETimes The ZSE All Share Index gained one percent to close at 43,026.94 points. CBZ led gainers, appreciating by 15 percent to close at $253,00. TSL jumped 14,93 percent to…
Murowa full year diamond output up 3%
…to expand exploration activities Zimbabwe’s Murowa diamond mine recorded a marginal 3% increase in production in 2022, largely due to improved operational efficiencies. In recent years, Murowa Diamonds has invested…
Stock investors gain $117.22bn after holiday
By ETimes The Zimbabwe Stock Exchange closed trading on Tuesday after the public holiday on a positive note with the market capitalisation improving by $117.22 billion. The positive performance of…
ANALYSIS| Spike in Agric Claims Drag ZimRe Profits 57% Lower to ZWL$4.1 bln in FY22
By ETimes Financial Performance Highlights Commentary and Analysis The group highlighted the adverse impact of a spike in agriculture insurance claims on its financial performance. It definitely played a part in…
Proplastics sees raw material costs dwindle in Q1
By ETimes Listed consumer discretionary producer Proplastics signaled that both its production and sales volumes were up 10 percent in the quarter ending March 31, 2023. In a statement chairman…
FMP appoint Tshabalala as finance executive
By ETimes First Mutual Properties has appointed Mr. Dumisani Tsabalala as their finance executive, the company said in a statement. The company said, “First Mutual Properties Limited is pleased to…