Unifreight says cross border strategy ‘is proving to be an effective model’
TweetShareSharePin0 SharesBy ETimes Listed logistics firm Unifreight Africa recorded earnings before interest, taxes, depreciation and amortisation profit of $3,4 billion in the third quarter of 2023, a remarkable year-over-year reversal…
ZSE sustains gain for second consecutive days
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange gained for the second consecutive session as market capitalisation increased by $78.58 billion to close at $14.02 trillion from $13.94 trillion on Wednesday.…
CBZ Holdings reports 696.1% YoY profit surge in 9 months
TweetShareSharePin0 SharesBy ETimes The net profit for the first nine months of 2023 at CBZ Holdings was $636.64 billion, up 696.1% from $79.97 billion in the comparative period, according to…
SME Banking: The Next Frontier?
TweetShareSharePin0 SharesBy Yona Menon Banda The increasing speed and scale of change affecting the world has underlined the adage that change is the only true constant. Everyday, emerging technologies and…
Dairibord share price drops despite strong Q3 sales growth
TweetShareSharePin0 SharesBy ETimes HARARE – Dairibord shares slipped 0,17 percent on Wednesday, notwithstanding sales growth reported by the company in its nine-month and third quarter ending 30 September 2023 which…
Equities drop further by 0.29%
TweetShareSharePin0 SharesBy ETimes HARARE – At the close of trading on Tuesday, the Zimbabwe Stock Exchange depreciated further by 0.29% as investors chose to take profit. Consequently, the ZSE All-Share…
Caledonia hit by disappointment over Bilboes oxide mine operating losses
TweetShareSharePin0 SharesBy ETimes HARARE – Gold producer Caledonia Mining says the Bilboes oxide operation has been a letdown and has been placed back into care and maintenance owing to operating…
ANALYSIS| Storms Gather as Starafricacorp Slumps to ZWL$1.7 bln loss in FY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Advertisement Commentary and Analysis Evidently, the volatile operating environment weighed heavily on the group as profit margins declined sharply. The other concern is the…
ZSE starts the week in red, Investors lose $78.68bn
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) opened the week on a negative note as the mainstream All Share Index (ASI) dropped by 0.94% to close at…
ANALYSIS| AfDis Eyes Growth as PAT Surges to ZWL$22.4 billion in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis On the face of it, it is a largely positive set of results for African Distilleries. The moderate growth in volumes…