Tigere REIT reports steady growth in Q1
By ETimes In its first-quarter trading update, Tigere REIT reported a resilient performance, with the property market demonstrating significant stability despite prevailing currency headwinds. The REIT attributed this stability to…
Dairibord sees robust raw milk growth amid market challenges
By ETimes Dairibord Holdings Limited, Zimbabwe’s leading milk processor, reported a significant 38% increase in raw milk intake for the first quarter ending March 31, 2024. This increase to 9,46…
ZSE opens week bullish as EcoCash leads gainers
By ETimes HARARE – Equities trading at the Zimbabwe Stock Exchange started the week northward as the All-Share Index appreciated by 0.25% to close at 94.24 points amid uncertainty in…
Zim’s Platinum Sector Shines Bright: Steady Growth in Q1 Production
By ETimes HARARE – Platinum production in Zimbabwe rose 5% to 121 000 ounces in the first three months of 2024 from 116 000 ounces in the same period last…
Caledonia shares flat despite return to profit
By ETimes HARARE – Shares in gold miner Caledonia Mining Corporation traded flat at US$18.00 at the week’s opening, despite the Victoria Falls Stock Exchange-listed firm’s bounce back to profitability…
Of BNC woes and risks in mining sector
Of BNC woes and risks in mining sector HARARE – With the development of electric and hybrid cars in the automotive industry for the energy transition, the demand for nickel…
Grant Thornton makes adverse opinion on FY23 financials of Fidelity, ZHL
By ETimes HARARE – Fidelity Life Assurance of Zimbabwe and Zimre Holdings Limited received adverse opinions from their auditor, Grant Thornton, for their financial statements ending 31 December 2023. An…
CBZ records $693.56 bln profit in 2023, still finalising final dividend amount
By ETimes HARARE – The net profit for the full year ended 31 December 2023 at CBZ Holdings was $693.56 billion, up 330% from $161.28 billion in 2022, despite facing…
ZSE’s auditor gives qualified opinion on FY23 results
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) received a qualified opinion from its auditor, Grant Thornton, in respect of the 2023 annual financial statement. A qualified opinion is…
Kavango develops western Australia-style open pit gold mines in Zimbabwe
By ETimes HARARE – Kavango Resources, the Southern Africa-focused metals exploration company, says the recent drill assays and Induced Polarisation survey results from its Hillside project are advancing towards its…