ANALYSIS| Dairibord Sees ZWL$4.6bln Loss in HY23 as Economic Turbulence Weighs
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Analysis and Commentary Its a set of financial results that raises some immediate concerns for the group. It is evident from the decline in the…
Zimbabwe LPG consumption up 73% in August
TweetShareSharePin0 SharesBy ETimes Liquefied Petroleum Gas (LPG) consumption in Zimbabwe increased by seven percent to 44,29 million kilograms (kgs) in the first eight months of 2023 compared to 41,29 million…
ANALYSIS| Forex Gains Drive CBZ Holdings to ZWL$543bln Profit After Tax in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The sharp bottom line growth was largely driven by unrealized foreign exchange gains, while growth in the core revenue streams was…
Is the fully integrated Food Lover’s operation going to help OKZim get back on track?
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a set of financial statements that aligns with the prevailing economic environment. Declining sales combined with rising overheads and borrowing…
Equities reverse losses, investors gain $201.88 billion
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) ended higher on Friday, reversing some of the losses of the previous day’s session as the mainstream index appreciated 2.01%…
IH worries liquidity constraints might stifle BAT Zim H2 volumes
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, is still susceptible to liquidity cycles, which have continued into the second half of 2023, warned IH Securities (IH).…
Stock investors lose $25.65bn in midweek session
TweetShareSharePin0 SharesBy ETimes HARARE – Investors on the Zimbabwe Stock Exchange (ZSE) on Wednesday lost $25.65 billion in a trading session amid sell pressure on bellwethers. Specifically, the market capitalisation…
African Sun, financiers discuss standby financing facilities
TweetShareSharePin0 SharesBy ETimes HARARE – Hospitality and tourism group African Sun Limited is in talks with lenders for standby funding to spruce up the image of its hotels amid intense…
ZSE Opens Week Positive, Gains 5.23%
TweetShareSharePin0 SharesBy ETimes HARARE – The first trading session of the new week on the Zimbabwe Stock Exchange closed on a positive note today after trading 5.23% higher. As measured…
Vast Resources prepares to sell 129,400 carats of rough diamonds
TweetShareSharePin0 SharesBy ETimes HARARE – Vast Resources says it is getting ready to sell 129,400 carats of rough diamonds that have been in the custody of the Reserve Bank of…