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Month: December 2023

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  • Is domestic resource mobilisation panacea to sustainable economic development?

Is domestic resource mobilisation panacea to sustainable economic development?

By ETimes The feasibility of domestic resource mobilisation to achieve sustainable development is a necessary but very difficult proposition given that Zimbabweans are hard-pressed and have been “tightening their belts”…

Electrosales Benefits Card launched by Powerspeed

By ETimes Powerspeed launched a customer loyalty card named Electrosales Benefits Card as it seeks to retain and reward customers through various benefits. In a statement the company said, “Management…

Treasury advises NRZ Contribution Pension Fund to list another REIT on VFEX

…as ZSE opens week with $414.2 billion loss By ETimes HARARE – Equities trading at the Zimbabwe Stock Exchange (ZSE) opened the week bearish as the All-Share Index (ASI) relapsed…

EcoCash full year EBITDA margins seen 5pct positive

By ETimes Financial services firm IH Securities expects Ecocash Holdings’ (EcoCash) earnings before interest, taxes, depreciation and amortisation (EBITDA) margins to be positive at five percent in the full year…

Changes in Tongaat Hulett Botswana will not affect our shareholding – Starafrica

By ETimes Starafrica Corporation Limited says ‘do not see the changes’ in Tongaat Hulett Botswana (THB) affecting its shareholding. This comes as Tongaat Hulett is poised to sell its investments…

Power cuts cost 6.1% of Zim’s GDP per year – WB

By ETimes The World Bank (WB) estimates that power shortages are costing Zimbabwe 6.1% of its gross domestic product (GDP) annually. In its report titled Electrifying Growth Through Reliable and…

Judge throws out Chishawasha villagers’ appeal

By Staff Writer A HIGH court judge has struck off the roll an application by some villagers in Chishawasha seeking to stop the urbanisation process taking place in the area…

The Banker magazine names Stanbic as bank of the year in Zim

By ETimes Stanbic Bank has been selected 2023 Bank of the Year in Zimbabwe by world renown London-based magazine, The Banker, cementing its place as one of the country’s leading…

Investors gain $6.52bn as Equities inch up

By ETimes Investors gained $6.52 billion last week on the floor of the Zimbabwe Stock Exchange as the selling pressure on heavily capitalised counters has not allowed the market to…

Powerspeed topline up 125,72% in FY23

By ETimes Powerspeed Electrical revenue increased 125.72% to $389.51 billion in the year ending 30 September 2023 from $172.56 billion in the comparative period thanks to volume growth. Like any…