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Month: March 2024

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  • Edgars shares tumble in its last day of trading on ZSE

Edgars shares tumble in its last day of trading on ZSE

By Stephen Chandisareva HARARE – Sentiments on the local bourse remained positive on Wednesday as the gap between the official and parallel markets seems to be widening again despite the…

Hwange Colliery mines better quarter amid economic turbulence

By ETimes HARARE – Hwange Colliery, under administration in terms of Zimbabwean law, has reported a promising quarter ending September 30, 2023, despite ongoing economic challenges. The company, whose stock…

Navigating Inflation: Impact on Businesses and Consumers

By ETimes In March 2024, Zimbabwe’s economic landscape witnessed a notable shift in inflation rates, sending ripples through both businesses and consumers. The month-on-month inflation rate, a crucial indicator of…

Proplastics receives qualified audit opinion for FY2023

By ETimes HARARE – Proplastics appears to be in a relatively healthy financial position, with growth in revenue, profitability, and equity, as well as a conservative approach to debt and…

Milk output up 21% in first two months despite serious drought

By Stephen Chandisareva HARARE – Milk production in Zimbabwe surged by 21% in the first two months of 2024, latest figures show. This comes as players in the dairy industry…

NatFoods keeps keen eye on capex commitments, interest-bearing borrowings

By ETimes HARARE – By adjusting its functional currency, managing legacy liabilities, and restating financial reports, NatFoods has demonstrated adaptability to the changing currency environment in Zimbabwe to maintain transparency…

Zim’s Water and Sanitation Crisis: Govt Efforts Fall Short, Citizens Suffer

…as only 27% of enumeration areas in Zim have piped water systems By Stephen Chandisareva HARARE – Based on the data provided in the Afrobarometer report, Zimbabwe faces significant challenges…

NatFoods initiates substantial import program for raw maize

HARARE – National Foods Holdings has initiated an importation program for maize to cover the expected deficit owing to the EL Nino-induced drought. The company requires 200 000 tonnes of maize…

Victoria Larsen to Represent Denmark in Miss Supranational 2024 Pageant in Poland

By Victor Tayebwa Victoria Larsen’s reign as Miss Supranational Denmark 2024 marks a pivotal moment in the realm of beauty pageantry. Beyond her title, Victoria embodies a commitment to empowering…

Zim slips 13 places on Human Development Index

By Stephen Chandisareva HARARE – Zimbabwe ranked 159 out of 193 countries, down 13 places from 146 previously, in the latest Human Development Index (HDI) by the United Nations Development…