Proplastics trades flat despite return to profit
TweetShareSharePin0 SharesBy ETimes HARARE – Shares of Proplastics traded largely flat on Friday, even though the plastic pipe manufacturer returned to profitability in the first half of 2023. The stock remained…
CBZ posts $543.87bn profit in H1, declares US$3mln interim dividend
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings, the biggest bank in Zimbabwe, released its financial results for the half year ended 30 June 2023, with an inflation-adjusted profit after tax…
Equities, ZWL depreciates further
TweetShareSharePin0 SharesBy ETimes HARARE – The bears strengthened its hold on the Zimbabwe Stock Exchange (ZSE) as the market extended its losing streak at the close of Tuesday’s trading, causing…
TSL revenue up 229% in Q3
TweetShareSharePin0 SharesBy ETimes HARARE – TSL’s inflation adjusted revenue for the third quarter ended 31 July 2023 rose 229% to $66.8 billion from $20.3 billion in the comparative period, thanks…
GetBucks says goodbye to ZSE
TweetShareSharePin0 SharesBy ETimes HARARE – GetBucks Financial Services becomes the latest firm to go private as it leaves the Zimbabwe Stock Exchange (ZSE) after nearly 7 years and 8 months…
ZSE opens week with $539.37 billion loss
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE), started the week on a negative note with a loss of $539.37 billion. In summary, the mainstream ZSE All Share…
Cottco says external audits delayed on failure to have directors
TweetShareSharePin0 SharesBy ETimes Cottco says the external audits have come to a standstill since the firm lacked a board of directors to approve the previously audited financial statements. Since 2001,…
Mash Holdings shares tick up after announcing interim dividend
TweetShareSharePin0 SharesBy ETimes HARARE – Trading activities on the Zimbabwe Stock Exchange (ZSE) closed in the red on Friday, making it the second consecutive day of losses this week. The…
PPC Zimbabwe’s 30 MW solar PV plant ready for construction
TweetShareSharePin0 SharesBy ETimes HARARE – Pretoria Portland Cement (PPC) says electrical energy performance at its Bulawayo and Harare milling facilities for the year ended 31 March 2023 (FY23), regressed owing…
ANALYSIS| Newly VFEX Listed First Capital Sees After Tax Profits Rise to US$4.3 million
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The sizeable growth of peer banks reporting in ZWL denominated accounts makes it difficult to put First Capital Banks financial results…