ANALYSIS| Rising Interest Rates Cause Concern as CBZ 9-Month Revenue Reaches ZWL$1.5 trillion
TweetShareSharePin0 SharesBy ETimes Commentary and Analysis The relatively stable currency environment of Q3 saw a moderate recovery in the groups balance sheet, with total assets and deposits closing marginally higher,…
Econet back in black, posts $63.65bn profit in 1H23
TweetShareSharePin0 SharesBy ETimes Econet Wireless Zimbabwe has moved from a loss-making position to post $63.65 billion for the half year ended 31 August 2023. The telecom giant has focused on…
ZSE halts downturn, records negligible gain
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange recorded a marginal gain on Tuesday to halt the previous loss. Today’s performance comes as the Zimbabwean dollar depreciated by a negligible 0.32%…
Zim platinum output hit an all-time high of 129koz in Q3
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum production rose 11% in the third quarter of 2023 to an all-time high of 129 000 ounces, the World Platinum Investment Council (WPIC) latest report…
ANALYSIS| Profits Surge as Delta Revenues Reach ZWL$1.9 Trillion in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a financial performance that is largely reflective of Delta’s dominant position in Zimbabwe’s consumer landscape, with half-year revenues and total…
ZSE opens week with losses, sheds $108.6bn
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange opened the week on a negative note, shedding $108.6 billion due to losses in largely capitalised stocks as investors in a wait-and-see mood…
Listed companies applaud Treasury
TweetShareSharePin0 Shares…. beg for continuity By ETimes Zimbabwe Stock Exchange (ZSE) listed firms have applauded government policy interventions passed in the second quarter, as they said the business environment was more…
Fresh Non-Performing Loans risk looms
TweetShareSharePin0 SharesBy ETimes Zimnat Asset Management through its weekly economic report warned that a fresh round of dollarization driven by the extension for use of US Dollars might result in…
Elephant Hills Resort and Conference Centre refurb to commence soon: Afsun
TweetShareSharePin0 SharesBy ETimes African Sun, one of the country’s leading hospitality companies, has announced that it will be shifting its focus to the second phase of refurbishing the iconic Hwange…
NMB shares rose 3.71% after appointing Pearson Gowero as chair
TweetShareSharePin0 SharesBy ETimes NMB share price surged over 3% on Friday’s session following the appointment of Pearson Gowero, a seasoned business leader, as chairman of the bank. He is taking…