OK Zimbabwe Share Up 0.44%
By ETimes HARARE – OK Zimbabwe’s share is the second top gainer, up +0.44% to close at ZWG35.3331c in the midweek session, despite ongoing struggles with in-store stocks. The retail…
liquidity Crunch| At the Moment, Things are Being Managed Right – FinMin
By ETimes HARARE – Commenting on the #liquiditymanagementprogramme, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube says, “At the moment, we feel that things are being managed in…
Triangle’s Retrenchment Move Highlights Deep Economic Woes: Can the Company Weather the Storm?
By ETimes HARARE – TRIANGLE Limited, a major player in Zimbabwe’s sugar industry, has announced plans for a phased retrenchment of employees in a bid to address mounting financial pressures.…
ZSE opens week strong by ZiG413.05 mln
By ETimes HARARE – INVESTMENT in Zim’s equity market on Monday opened week in a positive trend, appreciating by ZiG413.05mln. ETimes reports that the market capitalisation appreciated today by ZiG413.05mln…
Milk output up 16% in 11 months of 2024
By ETimes HARARE – Zimbabwe’s milk output for the first 11 months of 2024 rose by 16 percent to 104.63 million litres, up from 90.31 million litres in the same…
ZSE opens week with ZiG291.69 million loss
By ETimes HARARE – The Zimbabwe Stock Exchange started the week negatively, with investors losing ZiG291.69 million. Accordingly, the All-Share index and market capitalisation fell by 0.35% and 0.44%, closing…
ANALYSIS| Revenue grows, but Willdale’s profitability takes a hit
By ETimes HARARE – BRICK maker Willdale managed to boost revenue and asset values in the year ended 30 September 2024, but profitability deteriorated sharply compared to the prior period.…
Game-changing moment for Mukuru, platform gets deposit-taking micro-finance license
By Staff Writer HARARE – The Reserve Bank of Zimbabwe (RBZ) has awarded Mukuru a Deposit-Taking micro-finance institution (DTMFI) license, a game-changing development in the next-generation financial services company’s push…
OK Zim’s Half-Year Results: Revenue growth up 46.58%, but profit before tax declines 29.75%
By ETimes HARARE – OK Zimbabwe’s financial performance for the half-year ended 30 September 2024 reflects resilience and adaptability in a challenging operating environment, achieving notable revenue growth and improved…
Kavango Secures US$13mln to enhance gold mining projects in Zim
By Staff Writer HARARE – KAVANGO Resources, a company listed on the London Stock Exchange with gold projects in Zimbabwe, has made a significant financial move by securing £10 million…