ART posts revenue increase in Q1, but volumes down
By Stephen Chandisareva HARARE – Amalgamated Regional Trading (ART) posted a rise in inflation adjusted revenue for the first quarter ended 31 December 2024, with a year-on-year increase of 67%…
Nampak shares slide on going concern warning
By Stephen Chandisareva HARARE – Shares of Nampak dropped 4.58% Tuesday after the packaging firm spooked investors with a going-concern warning in notes to its summarised financial statements for the…
ZSE opens new week in red, down $1.05 trillion
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) opened the week in the red on Monday as just 12 stocks appreciated amid exchange rate instability. After the announcement that…
BOD hopes Zim diamond sector ‘will soon open up’
By ETimes HARARE – Players in the mining industry hope that the diamond sector will be open to other private players. In terms of policy, new entrants into Zimbabwe are…
Equities fall as ‘fluid economic outlook’ weighs on sentiment
By ETimes HARARE – Trading activities on the local bourse ended bearishly on Friday. This comes amid a number of companies preferring not to declare dividends in the latest round…
CAFCA likely to witness volume growth in Q2
By ETimes CAFCA, the country’s only cable manufacturer, expects a rise in volumes in the second quarter, covering January to March 2024, despite a challenging operating environment. The company’s…
ZSE to train prospective issuers The
By ETimes The Zimbabwe Stock Exchange (ZSE) launched an issuers programme meant to equip and mentor potential issuers in the country through an all paid programme. In a statement the…
Is it time to have a detailed public audit of the external debt of Zimbabwe?
By ETimes HARARE – The Zimbabwean government has been working cooperatively with foreign creditors, such as the African Development Bank (AfDB), to settle its formal debt and pay off its…
Zimbabwe’s Economic Pivot: Introducing a ‘Structured Currency’
By ETimes In a pivotal move, President Emmerson Mnangagwa announced during a recent cabinet meeting that Zimbabwe would be embracing a new economic strategy by introducing a ‘Structured Currency’. This…
ZSE reverses previous day loss as capitalisation rise by $689.86bn
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) recovered losses from the previous day on Tuesday as the mainstream index rose by 1.12% to close at 555,245.91 points. As…