ZSE ascends for second trading day but turnover slides
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) advanced for the second trading session on Thursday in continuation of a swift rally, pushing the benchmark index further north to 120,445.11…
ANALYSIS| Government Aims for Continuity in Mid-Year Policy Updates
TweetShareSharePin0 SharesBy ETimes Mid-Term Monetary Policy Statement General Updates Liquidity Updates Foreign Exchange Updates Banking Sector Updates Key Policy Updates Mid-Year Budget Review General Updates Fiscal Outturn Key Policy Updates…
Equities see positive close to holiday-shortened week
TweetShareSharePin0 SharesBy ETimes Trading activities resumed on Wednesday on the floor of the Zimbabwe Stock Exchange (ZSE) after two trading days of public holidays to mark the Heroes’ and Defence…
Shipping delays drag down Ariston export sales volumes in Q3
TweetShareSharePin0 SharesBy ETimes Ariston Holdings’ macadamia export sales volumes for the third quarter ended 30 June 2023 fell 35% to 513 tonnes from 785 tonnes sold in the prior comparative…
Contango to start coal sales this month
TweetShareSharePin0 SharesBy ETimes Natural resource development company Contango Holdings has signed a new offtake agreement with global commodity marketing firm TransOre International FZE for the sale of coal from the…
Banks not to issue or loan ZiG
TweetShareSharePin0 SharesBy ETimes The Reserve Bank of Zimbabwe (RBZ) has said the Gold-Backed Digital Tokens (GBDT) will be used for transactional purposes in order to ease payments. RBZ Governor John…
NTS chair gives positive outlook on tyre demand
TweetShareSharePin0 SharesBy ETimes National Tyre Services (NTS) says it will continue to prioritise cost control and better market outreach initiatives in order to boost the inventory turnover ratio and improve…
Equities fall for second straight day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) depreciated for the second consecutive day on Tuesday as the mainstream index dipped by 0.24%. The ZSE All Share Index lost 288.62…
Strive Masiyiwa, Zimbabwe’s richest man, sees wealth skyrocket by US$600 million in 2023
TweetShareSharePin0 SharesBy ETimes While some African billionaires have faced substantial declines in their fortunes this year, Zimbabwe’s richest man Strive Masiyiwa stands out as one of the few enjoying remarkable…
ZSE opens week with losses, sheds $156.09 billion
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange opened the week with a reversal of the four-day winning streak as the market capitalisation closed $156.09 billion weaker. Accordingly, the mainstream ZSE…