CBZ Bank appoints Masiya Marufu as new chairman
By ETimes HARARE – CBZ Bank Limited has appointed Masiya Marufu as the Chairman of its Board, effective September 1, 2024 in a move signalling strategic growth and innovation. With…
CoSSE okays regional market integration
By ETimes HARARE – The Committee of SADC Stock Exchanges (CoSSE) has validated the principles and operational model for the Interconnectivity Hub Project. The validation, confirmed during a meeting held…
Was ZiG devaluation less about USD scarcity and more about saving Treasury profligacy?
By Dr. Admire Maparadza Dube HARARE – The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwe Gold (ZiG) currency by 43% against the US dollar has sent…
OPINION| RBZ ought to mandate a minimum 25% ZWG in all transactions
By Dr Admire Maparadza Dube HARARE – The Reserve Bank of Zimbabwe’s (RBZ) role is clear: implementing measures to stabilize the economy. Specifically, mandating a minimum 25% ZWG in all…
Financial Management for CFOs
By Dr Admire Maparadza Dube HARARE – The chief finance officers (CFOs) strategically manage their companies’ finances by utilizing leading and lagging indicators, such as key performance indicators (KPIs), and…
Deposits Growth: A Double-Edged Sword
By ETimes HARARE – FBC Holdings has seen significant growth in customer deposits, with total customer deposits rising to ZWG4.06 billion in the half year ended 30 June 2024 from…
Electricity shortages hit construction industry hard
By Staff Writer PLAYERS in the constitution industry says the ongoing power supply shortages in the country are obstructing the construction industry’s ability to manufacture raw materials for both domestic…
Zim’s platinum output up 6% in first half of year
By ETimes HARARE – Platinum production in Zimbabwe rose 6% to 258 000 ounces in the first six months of 2024 from 242 000 ounces in the comparable period last…
Nedbank Defies Economic Headwinds with 8% Increase in Headline Earnings
By ETimes HARARE – Nedbank faced multiple external pressures, including high interest rates, inflation, and political uncertainty leading up to the national elections in South Africa, according to its unaudited…
Tigere REIT maintains 100% occupancy
…sees revenue growth opportunities By ETimes HARARE – Tigere Real Estate Investment Trust (REIT) has announced an interim dividend of USD 247,090, equivalent to 0.03435 United States cents per unit,…