Powertel to invade unconnected areas
By ETimes Powertel Communications, a subsidiary of ZESA Holdings, aims to connect mining companies to the Internet of Things (loT) technology as it seeks to increase business efficiency and competitiveness…
OPINION: Peace and Security in Zimbabwe
By Newton Mambande “I am against war; I am against everything”. Charles Dambudzo Marechera (1952–87) It was almost 36 years ago when Dambudzo Marechera died in August 1987. He immortalised…
Expectations for the Mid-Term Budget Update
By ETimes The Ministry of Finance and Economic Development is expected to provide its mid-term fiscal budget update soon. These are the key expectations for the upcoming presentation: 1. Supplementary…
ANALYSIS| CBZ Holdings Deposits Edge To ZWL$1 trillion in Q1 2023
By ETimes Highlights Our Thoughts The group marginally increased its share of the total banking sector deposits to 34%. With its acquisition of ZB Holdings, the group’s position in the…
ZSE sustains gain for second consecutive day as investors gain $93.55bn
By ETimes The Zimbabwe Stock Exchange gained for the second consecutive session as market capitalisation increased by $93.55 billion to $9.48 trillion. Today’s performance comes as the local bourse lifted…
Nedbank launches American Express merchant acceptance in Zim
By 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 estimated…
OK Zimbabwe dips after results are delayed
By 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 publication…
CBZ’s gross PML for short term insurance seen at US$736.74mln
By 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 physical…
RBZ maintains tight monetary policy stance amid ZWL shortages
By 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 currency…
Bloodbath continues on ZSE as OK Zim’s loss weighs
By 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 to…