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Month: November 2023

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NRZ pocketing US$600k a month from properties

TweetShareSharePin0 SharesBy ETimes The National Railways of Zimbabwe (NRZ) has been on a drive to restructure its operations in order to derive more benefit from its assets lying around the…

TelOne ex-MD Mutasa appointed new chair of Mutapa Investment Fund

TweetShareSharePin0 SharesBy ETimes Zimbabwe government on Monday named top-level executive and former TelOne managing director Chipo Mutasa as the chair of the Mutapa Investment Fund’s seven-member board. The appointment comes…

Stock investors gain $517.19bn amid positive start to new week

TweetShareSharePin0 SharesBy ETimes Activities on the floor of the Zimbabwe Stock Exchange started on a positive note on Monday after the market recorded a 4.14% growth at the close of…

AfDIS volumes up 11% as US$ turnover balloons to US$25.7mln in H1

TweetShareSharePin0 SharesBy ETimes Listed spirits and wines producer, African Distillers (AfDIS) reported a 988% rise in inflation adjusted profit after tax in the six months ended 30 September 2023, helped…

ZSE closes higher as investors gain $184.67bn

TweetShareSharePin0 SharesBy ETimes Zimbabwe Stock Exchange (ZSE) closed higher on Friday, with the mainstream All Share Index up 1.45% to 161,050.0604 points. As a result, the market capitalization increased by…

NatFoods generator power consumed 712K litres of diesel in FY23

TweetShareSharePin0 Shares…mulls 2MW solar project By ETimes National Foods diesel for generator consumption increased by 582 930 litres to 712 851 litres in FY2023 from 129,921 litres in FY2022, owing…

OK Zim shares gain 0.65% despite weak half year volumes

TweetShareSharePin0 SharesBy ETimes OK Zimbabwe shares on Thursday finished 0.65% higher at $151.12 after investors took a favourable view on the retail giant, notwithstanding a decline in the company’s ear-to-date …