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Month: February 2024

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  • Nampak pays $1.27bn to Deloitte, appoints PWC as new external auditor

Nampak pays $1.27bn to Deloitte, appoints PWC as new external auditor

By ETimes HARARE – Nampak Zimbabwe on Wednesday appointed Price-Waterhouse Coopers (PWC) as the new external auditor until the conclusion of the next annual general meeting after Deloitte & Touche…

CBZ shares gains after issuing 13th cautionary statement

By Stephen Chandisareva HARARE – CBZ Holdings shares gained by 3.93% on Wednesday after issuing the 13th cautionary statement relating to the process of securing the necessary regulatory clearance to move…

Mulk misleads President, falls out favour

By Staff Writer Controvesial businessman Mulk is in the eye of a storm amid allegations of misleading President Emmerson Mnangagwa that he has the capacity to build the new city.…

ZSE sees $92.25 billion gain amidst seesaw trading pattern

By Stephen Chandisareva HARARE – The Zimbabwe Stock Exchange (ZSE) closed the opening day of the week marginally positive amidst a seesaw trading pattern. It’s becoming uneasy to predict market…

Dollarizing Dreams: Examining the Trend of USD Reporting on ZSE

By Malvin Chidzonga HARARE – The Zimbabwe Stock Exchange (ZSE) has witnessed a growing trend of listed companies switching their functional reporting currency from the Zimbabwe Dollar (ZWL) to the…

Govt urged to adopt strong remittance policy

By ETimes HARARE – Zimbabwe received remittances amounting to US$1,17 billion from the diaspora community in the first nine months of 2023, up 8 percent compared to the same period…

Government urged to adopt strong remittance policy

By ETimes HARARE – Zimbabwe received remittances amounting to US$1,17 billion from the diaspora community in the first nine months of 2023, up 8 percent compared to the same period…

ZSE in red ahead of National Youth Day

By ETimes HARARE – Tuesday’s trading on the Zimbabwe Stock Exchange (ZSE) continued on the bearish path of Monday as the benchmark indices declined by 2.19% taking the bearish sentiment…

Navigating Uncertainty: Zimbabwean Companies’ First Quarter Dilemma

By Stephen Chandisareva Business sentiment in Zimbabwe has been characterised as “cautious optimism” for 2024, with most companies prioritising cost management in the current fiscal year. El Nino Looms: Hippo…

FML shares trade flat after filing an application to review corrective order

By ETimes HARARE – First Mutual Holdings Limited shares were flat at $3,600.00 after filing a lawsuit to defend its legal rights because they disagreed with the conclusions made in…