• Mon. Mar 4th, 2024

Month: October 2023

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  • Edgars shares soar on new CEO appointment

Edgars shares soar on new CEO appointment

By ETimes Clothing retailer Edgars Stores Limited shares were up by nearly 6% on Monday after the company appointed several new senior leaders to its management team. The shares of…

IMF staff tell Zim to accelerate FX market reform

By ETimes HARARE –   The International Monetary Fund (IMF) flagged the pressing need for Zimbabwe to immediately expedite forex market reforms in order to fully restore macroeconomic stability. It comes…

ZSE gains $76,17bn in midweek session

By ETimes The Zimbabwe Stock Exchange closed in positive territory on Wednesday as investors raked in $76,17 billion to push the market value to $11,67 trillion. Today’s performance comes as…

OPINION: Greening the built environment, a multi-disciplinary game

By Staff Writer In the wake of climate change-induced disasters across the world, the significance of sustainability cannot be overstated. As a fundamental driving force behind global development, sustainability is…

Milk output up 8% in first 9 months

By ETimes HARARE – Milk production in Zimbabwe during the first 9 months of 2023 totalled 71,91 million litres, up 8% from the same month period last year, official data…

Zim GDP to grow but not at the most efficient pace – Report

By ETimes HARARE – Zimbabwe’s gross domestic product (GDP) will grow in the outlook, but not at the most efficient rate considering the aforementioned problems, a local research firm said.…

ANALYSIS| Value Gains Drive Mash Holdings to ZWL$236bln PAT

…as Diversification Strategy Takes Shape By ETimes Financial Performance Highlights Commentary and Analysis On paper, it’s a performance that was largely driven by fair value and exchange gains. On comparison,…

Pick n Pay’s share of TM’s reported earnings slips to just R1.1mln

By ETimes HARARE – South African retail giant Pick n Pay says its share of TM Supermarkets Zimbabwe earnings, before any hyperinflation net monetary adjustments, for the 26 weeks ended…

ZSE gains 2.36% as ZWL depreciates to ZWL5,688/US$

By ETimes HARARE – It was another positive day for the Zimbabwe Stock Exchange (ZSE) on Wendesday as it closed higher by 2.36% on the back of sustained buying pressure.…

Choppies receives US$125K in weekly instalments of blocked funds

By ETimes Regional retailer Choppies says it is recovering some of the US$29,62 million in funds blocked in Zimbabwe. The term blocked funds describes money that a foreign company or…