ZSE opens week with $539.37 billion loss
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE), started the week on a negative note with a loss of $539.37 billion. In summary, the mainstream ZSE All Share…
Cottco says external audits delayed on failure to have directors
TweetShareSharePin0 SharesBy ETimes Cottco says the external audits have come to a standstill since the firm lacked a board of directors to approve the previously audited financial statements. Since 2001,…
Mash Holdings shares tick up after announcing interim dividend
TweetShareSharePin0 SharesBy ETimes HARARE – Trading activities on the Zimbabwe Stock Exchange (ZSE) closed in the red on Friday, making it the second consecutive day of losses this week. The…
PPC Zimbabwe’s 30 MW solar PV plant ready for construction
TweetShareSharePin0 SharesBy ETimes HARARE – Pretoria Portland Cement (PPC) says electrical energy performance at its Bulawayo and Harare milling facilities for the year ended 31 March 2023 (FY23), regressed owing…
ANALYSIS| Newly VFEX Listed First Capital Sees After Tax Profits Rise to US$4.3 million
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The sizeable growth of peer banks reporting in ZWL denominated accounts makes it difficult to put First Capital Banks financial results…
Stocks inch up amid signals to improve investor environment
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange maintains its northward movement as authorities signal an increased focus on improving the investor environment. This comes as the Ministry of Finance and…
Uncertainty clouds Zimbabwe’s outlook – Report
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe economic outlook remains uncertain on expected policy continuity, which will be challenging amid a struggling economy, the latest report shows. This comes after…
Vingirai, ZB Holdings dispute drags CBZ acquisition deal
TweetShareSharePin0 SharesBy ETimes Financial institution CBZ Holdings has issued another cautionary statement in which it says it is in discussion to takeover a complimentary business. Group chief governance officer Rumbidzayi Jakanani…
ZSE extends gains to four consecutive sessions
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) closed higher for the fourth consecutive session on gains in shares of select heavyweights. The mainstream ZSE All Share Index…
ANALYSIS| NMB Holdings Invades FinTech Space as PAT Rises to ZWL$195 billion in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The increasing consolidation in the banking sector raises a lot of questions for the “middle of the pack” players like NMB.…