Nedbank launches American Express merchant acceptance in Zim
TweetShareSharePin0 SharesBy ETimes Nedbank, in a bid to improve its overall offering, especially to tourists and attract more dollars, has launched an American Express merchant acceptance in Zimbabwe. It is…
OK Zimbabwe dips after results are delayed
TweetShareSharePin0 SharesBy ETimes Shares in retail giant OK Zimbabwe lost 7.55% after it had to delay its earnings report for the year ended 31 March 2023 which were due for…
CBZ’s gross PML for short term insurance seen at US$736.74mln
TweetShareSharePin0 SharesBy ETimes CBZ Holdings has estimated the gross Probable Maximum Loss (PML) for its short-term insurance to be US$736.74 million for the year to 31 December 2022 citing the…
RBZ maintains tight monetary policy stance amid ZWL shortages
TweetShareSharePin0 SharesBy ETimes The Reserve Bank of Zimbabwe (RBZ) has held the benchmark interest rate to give time for the instituted measures to have their full effect on the dual…
Bloodbath continues on ZSE as OK Zim’s loss weighs
TweetShareSharePin0 SharesBy ETimes Stocks fell Friday amid lingering concerns over the tight liquidity of the Zimbabwe dollar. It comes as the apex has lately instituted a tight monetary targeting framework…
ZHL shares fall amid growing anxiety over Eagle REIT’s listing
TweetShareSharePin0 SharesBy ETimes ZimRe Holdings on Friday said its Eagle Real Estate Investment Trust (REIT) will be launching two signature developments in Mazowe and Victoria Falls as it looks to…
Stocks slip as investors lose $94.49 billion
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) slipped on Tuesday, dented by uncertainty on whether the market stability being felt for now will persist post-election. The Zimbabwean dollar firmed…
Natbrew’s full year loss per share seen rising by 98%
TweetShareSharePin0 SharesBy ETimes National Breweries (Natbrew), a unit of Delta Corporation Zimbabwe, says its loss per share could slip into a bigger-than-expected loss in the year ended 31 March 2023…
Ready-to-Drink alcohol drives Afdis volumes
TweetShareSharePin0 SharesBy ETimes Listed spirits and ciders manufacturer Afdis has seen volumes grow in the first quarter of 2024 ending June 30, 2023 driven by the ready-to-drink segment. Afdis company…
ZSE opens week negative as ALSI index sheds 0.68%
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) trended southwards on Monday when it opened the trading week marginally lower, as the mainstream index depreciated by 0.68% to close at…