Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
NTS closes 4 branches amid volume performance, locational challenges
TweetShareSharePin0 SharesBy ETimes HARARE – National Tyre Services (NTS) overall unit performance rose 27% in the first 5 months to August this year, underpinned by improved stock supply despite closing…
ZHL says infrastructure, landmark developments drive ‘progressing well’.
TweetShareSharePin0 SharesBy ETimes Zimre Holdings expects to start construction on its first project in the second half of 2023, as the infrastructure and landmark projects programme is moving along nicely.…
ZSE close week positive as benchmark index rises 1.48%
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange ended trading on a positive note Friday, as market capitalisation gained 3.79% to close at $9.8 trillion amid concerns around the depreciating local…
Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
BAT hurt by high exchange losses posts $5.1bn loss before tax in H1
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, has recorded an inflation adjusted revenue of $71,56 for the half year ended 30 June 2023. The figure represents…
CBZ Bank launches university student ID financial cards
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings, the biggest bank in Zimbabwe, has launched a student smart-debit card that combines a university student ID card with a student account-linked debit…
OK Zimbabwe shares gain despite delay in full year results
TweetShareSharePin0 SharesBy ETimes HARARE – Despite issuing a notice concerning the delay in the publication of the audited financial results for the year ended 31 march 2023, shares of retail…
‘Policy fluidity will rouse temporary negative outcomes during realignment period’
TweetShareSharePin0 SharesBy ETimes HARARE – First Mutual Holdings Limited says the strategic presumptions regarding the economic environment’s outcome have mainly not altered despite policy measures instituted in the first half…
ZSE Open Week With 1.01% Gain
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange recorded a gain of 1.01% on Monday, with 6 equities closing in green and 10 shares closing in red. Proplastics the best-performing stock,…