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Month: June 2023

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  • Eversharp retools operations after reporting 7% decline in volume

Eversharp retools operations after reporting 7% decline in volume

By ETimes Eversharp, the country’s staple, reported a 7% decline in volume for the half year ended 31 March 2023 owing to power crises and supply chain destructions. Amalgamated Regional…

FMP’s first five months occupancy levels dip slightly

By ETimes First Mutual Properties (FMP) reported a slight decline in occupancy for the five months to May 31 but indicated that the situation will improve going into the third…

ZSE targets banks, capital markets for online trading platforms growth

…reports 250% rise in full year net profit By ETimes The Zimbabwe Stock Exchange (ZSE) for the year ended December 31, 2022, recorded a profit of $352,9 million, a 250%…

VoIP elbows traditional voice out in Q1 – Report

By ETimes The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) quarterly bulletin indicates that while mobile Internet and data traffic increased in quarter one of 2023, voice traffic dropped…

ZSE suffers $26,11bn decline

By ETimes The Zimbabwe Stock Exchange (ZSE) suffered a $26,11 billion decline on Wednesday. The mainstream ZSE All Share Index gained 0,21 percent to close at 168,302.32 points. The Top…

Proplastics switch functional currency to USD

…sales volumes up 14% in first 5 months By ETimes Piping products manufacturer Proplastics sales volumes for the first 5 months of 2023 rose 14% compared to the same period…

Due Diligence When Purchasing Real Estate in Zimbabwe (Continued…)

Introduction: Tying up loose ends and exploring remaining common scenarios: “…then you shall inquire diligently…”(Deuteronomy 17vs4; New King James) Welcome back. In the previous missive, it was established that due…

Due diligence when purchasing immovable property in Zimbabwe

By Tatenda Kangwende Introduction: What is at stake: “The simple believes every word, but the prudent considers well his steps.”(Proverbs 14vs15; New King James) “A prudent man foresees evil and…

ZSE down Tuesday as ZWL weakens

By ETimes The Zimbabwe Stock Exchange (ZSE) closed negative on Tuesday as the Zimbabwean dollar continued to weaken on the back of an uncertain economic climate. The Zimbabwe dollar remained…

Black market rate to show signs of stability by month end – CZI

By ETimes The Confederation of Zimbabwe Industries (CZI) expects the parallel market exchange rate to stabilise by the end of this month if the raft of measures are effectively put…