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Month: August 2023

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  • ZSE gains 0.10%, announces changes in circuit breakers

ZSE gains 0.10%, announces changes in circuit breakers

By ETimes The Zimbabwe Stock Exchange rose by 0.10% on Tuesday to close at 122,353.47 points. Market capitalisation increased by 0.98% to $9.64 trillion. On the other hand, the Top…

Strive Masiyiwa the Empire

Strive Masiyiwa, Zimbabwe’s wealthiest individual and an enterprising visionary based in London, is one of the top players in Africa’s mobile telecom industry. He’s the driving force behind Econet Global,…

ZSE opens week bullish as ZIMRA collects US$1.32 billion in H1

By ETimes The Zimbabwe Stock Exchange (ZSE) started the week positive with a 0.91% gain and investors gained $125.14 billion on Monday. The mainstream ZSE All-Share index increased by 0.91%…

CAFCA share price closes flat despite forex sales surge

By ETimes CAFCA’s share price closed flat on Monday despite recording a significant increase in the proportion of foreign currency sales during the quarter ended June 30, 2023 to beyond…

Turnall raises US$8 million through rights issue

By ETimes Turnall Holdings, a building material manufacturer, says it has raised $36.94 billion for recapitalisation through a rights issue of 3.8 billion shares. Rights are typically offered by businesses…

Equities fall as election results trickle in

By ETimes The Zimbabwe Stock Exchange (ZSE) dropped on Friday as the recently completed harmonised elections in the country have drawn criticism from election observer missions. The Southern African Development…

Vic Falls hotels occupancy levels averaged 51% over Aug public holidays

By ETimes The occupancy levels for Victoria Falls hotels averaged 51% over the Heroes’ and Defence Forces Day holidays amid fears that the bad state of the 435km Bulawayo-Victoria Falls…

35% of EcoSure’s clients migrate to USD book

By ETimes EcoSure, a subsidiary of EcoCash Holdings Limited Zimbabwe, says it managed to provide for its clients by paying claims totaling more than $1.9 billion for the full year…

Tourist arrivals up 50% in H1 as ZSE ends with marginal gains

By ETimes Profit-taking by investors on the Zimbabwe Stock Exchange (ZSE) impacted trading activities, as the mainstream index recorded marginal gains Friday, forcing market capitalisation to appreciate by 1,41 percent.…

GBDTs to solve small change crisis – economist

By ETimes The Gold-Backed Digital Tokens (GBDTs) will solve the small change crisis, especially when buying using US dollars and there is a huge opportunity that authorities can exploit, supplemented…