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Month: July 2023

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  • RBZ maintains tight monetary policy stance amid ZWL shortages

RBZ maintains tight monetary policy stance amid ZWL shortages

By ETimes The Reserve Bank of Zimbabwe (RBZ) has held the benchmark interest rate to give time for the instituted measures to have their full effect on the dual currency…

Bloodbath continues on ZSE as OK Zim’s loss weighs

By ETimes Stocks fell Friday amid lingering concerns over the tight liquidity of the Zimbabwe dollar. It comes as the apex has lately instituted a tight monetary targeting framework to…

ZHL shares fall amid growing anxiety over Eagle REIT’s listing

By ETimes ZimRe Holdings on Friday said its Eagle Real Estate Investment Trust (REIT) will be launching two signature developments in Mazowe and Victoria Falls as it looks to unlock…

Stocks slip as investors lose $94.49 billion

By ETimes The Zimbabwe Stock Exchange (ZSE) slipped on Tuesday, dented by uncertainty on whether the market stability being felt for now will persist post-election. The Zimbabwean dollar firmed up…

Natbrew’s full year loss per share seen rising by 98%

By ETimes National Breweries (Natbrew), a unit of Delta Corporation Zimbabwe, says its loss per share could slip into a bigger-than-expected loss in the year ended 31 March 2023 owing…

Ready-to-Drink alcohol drives Afdis volumes

By ETimes Listed spirits and ciders manufacturer Afdis has seen volumes grow in the first quarter of 2024 ending June 30, 2023 driven by the ready-to-drink segment. Afdis company secretary…

ZSE opens week negative as ALSI index sheds 0.68%

By ETimes The Zimbabwe Stock Exchange (ZSE) trended southwards on Monday when it opened the trading week marginally lower, as the mainstream index depreciated by 0.68% to close at 119,632.83…

Food inflation fears rise as Russia backs down on deal

By ETimes The Black Sea grain deal which eased food inflation to record highs in 40 years has been put to an end as the concerned parties have not agreed…

Huge crowd for Hippo Valley Croco Golf Day

By Staff Writer At least 64 golfers from Masvingo, Harare, and Bulawayo battled it out at the Croco Motors Golf Day held at Hippo Valley Golf Club in Chiredzi over…

Zim poised to record softer growth for reminder of year

By ETimes A research firm has become less optimistic about Zimbabwe’s growth outlook owing to an increasingly dollarising economy. The country has been fast dollarizing, with statistics from the Zimbabwe…