ZERA poised to licence 200MW wind power project
ETimes The Zimbabwe Energy Regulatory Authority (ZERA) says it is intensifying efforts to tap into wind energy for power generation to cover the huge energy deficit. The energy crisis is…
Public and private effort spur agriculture sector
By ETimes Government has allowed major private sector participation in the agriculture sector and this has led to a combined effort which has led to the rapid recovery of the…
Investors gain $19.91bn as ZSE advances by 0.10%
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) made a marginal 0.10% gain in the last trading session of the week. Today’s performance comes as the ZSE market capitalisation…
First Capital says new head office capex is ‘a double-digit amount in USD’
By ETimes HARARE – VFEX-listed First Capital Bank expects the construction of its new head office in Borrowdale to be completed within a year’s time, saying that it is being…
ANALYSIS| Dairibord Sees ZWL$4.6bln Loss in HY23 as Economic Turbulence Weighs
By ETimes Financial Performance Highlights Analysis and Commentary Its a set of financial results that raises some immediate concerns for the group. It is evident from the decline in the profit…
Zimbabwe LPG consumption up 73% in August
By ETimes Liquefied Petroleum Gas (LPG) consumption in Zimbabwe increased by seven percent to 44,29 million kilograms (kgs) in the first eight months of 2023 compared to 41,29 million kgs…
ANALYSIS| Forex Gains Drive CBZ Holdings to ZWL$543bln Profit After Tax in HY23
By ETimes Financial Performance Highlights Commentary and Analysis The sharp bottom line growth was largely driven by unrealized foreign exchange gains, while growth in the core revenue streams was relatively…
Is the fully integrated Food Lover’s operation going to help OKZim get back on track?
By ETimes Financial Performance Highlights Commentary and Analysis Its a set of financial statements that aligns with the prevailing economic environment. Declining sales combined with rising overheads and borrowing costs…
Equities reverse losses, investors gain $201.88 billion
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) ended higher on Friday, reversing some of the losses of the previous day’s session as the mainstream index appreciated 2.01% to…
IH worries liquidity constraints might stifle BAT Zim H2 volumes
By ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, is still susceptible to liquidity cycles, which have continued into the second half of 2023, warned IH Securities (IH). This…